SlideShare a Scribd company logo
1 of 3
GENC3003Personal Financial Planning Andrew Hingstonandrew.hingston@unsw.edu.au Unit 4: Creative ways to own a home
2 Discussion “Buying a house in Sydney has become very difficult unless you are a dual-income family and plan to stay that way for the next 25 years!” What are some creative ways of achieving the goal of long-term home ownership?
3 Some creative alternatives Keep perspective! Just need a 2BR flat paid off by 60! Buy a small place and pay it off ASAP Move to the country (one way ticket though) Buy in Sydney outer suburbs Rent in Sydney, buy elsewhere … then swap Co-invest with family member Co-habit with other family (eg. Duplex) Buy a house then rent out the rooms

More Related Content

Viewers also liked

Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и Facebook
Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и FacebookДамир Халилов_ Эффективное продвижение во ВКонтакте.ру и Facebook
Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и FacebookIngria. Technopark St. Petersburg
 
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)RAZORDJ
 
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...Ingria. Technopark St. Petersburg
 
5 Salmonella Water Malaysia
5 Salmonella Water Malaysia5 Salmonella Water Malaysia
5 Salmonella Water MalaysiaCITREX
 
Waste Recycling | Biocity Studio
Waste Recycling | Biocity StudioWaste Recycling | Biocity Studio
Waste Recycling | Biocity StudioBiocity Studio
 
Информационный вестник Январь-февраль 2012
Информационный вестник Январь-февраль 2012Информационный вестник Январь-февраль 2012
Информационный вестник Январь-февраль 2012Ingria. Technopark St. Petersburg
 
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseri
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM KonseriSerap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseri
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseriaokutur
 
Larry Dorr Presentation to SIL Board 2012
Larry Dorr Presentation to SIL Board 2012Larry Dorr Presentation to SIL Board 2012
Larry Dorr Presentation to SIL Board 2012Smithsonian Libraries
 
Energia nucleare
Energia nucleareEnergia nucleare
Energia nucleareMax Favilli
 
Defrag2014 anomalies final
Defrag2014 anomalies finalDefrag2014 anomalies final
Defrag2014 anomalies finalJames Urquhart
 
NTTデータグループウェブサイトのマルチデバイス対応
NTTデータグループウェブサイトのマルチデバイス対応NTTデータグループウェブサイトのマルチデバイス対応
NTTデータグループウェブサイトのマルチデバイス対応力也 伊原
 

Viewers also liked (18)

Social Media Meeting Report
Social Media Meeting ReportSocial Media Meeting Report
Social Media Meeting Report
 
Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и Facebook
Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и FacebookДамир Халилов_ Эффективное продвижение во ВКонтакте.ру и Facebook
Дамир Халилов_ Эффективное продвижение во ВКонтакте.ру и Facebook
 
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)
Powerpoint 20º aniversario bachatta techno factory @ sala versus (11 06-2011)
 
Информационный вестник Март 2012
Информационный вестник Март 2012Информационный вестник Март 2012
Информационный вестник Март 2012
 
Nhs Dues Paid
Nhs Dues PaidNhs Dues Paid
Nhs Dues Paid
 
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...
Подготовка кадров: опыт взаимодействия с системой дошкольного, среднего и выс...
 
Expression Blend
Expression BlendExpression Blend
Expression Blend
 
5 Salmonella Water Malaysia
5 Salmonella Water Malaysia5 Salmonella Water Malaysia
5 Salmonella Water Malaysia
 
Waste Recycling | Biocity Studio
Waste Recycling | Biocity StudioWaste Recycling | Biocity Studio
Waste Recycling | Biocity Studio
 
Информационный вестник Январь-февраль 2012
Информационный вестник Январь-февраль 2012Информационный вестник Январь-февраль 2012
Информационный вестник Январь-февраль 2012
 
倒影
倒影倒影
倒影
 
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseri
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM KonseriSerap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseri
Serap Mutlu Akbulut Korosu 2 Haziran 2015 CKM Konseri
 
Larry Dorr Presentation to SIL Board 2012
Larry Dorr Presentation to SIL Board 2012Larry Dorr Presentation to SIL Board 2012
Larry Dorr Presentation to SIL Board 2012
 
Plastmaster
PlastmasterPlastmaster
Plastmaster
 
Energia nucleare
Energia nucleareEnergia nucleare
Energia nucleare
 
Ariadn [Web Ready 2010]
Ariadn [Web Ready 2010]Ariadn [Web Ready 2010]
Ariadn [Web Ready 2010]
 
Defrag2014 anomalies final
Defrag2014 anomalies finalDefrag2014 anomalies final
Defrag2014 anomalies final
 
NTTデータグループウェブサイトのマルチデバイス対応
NTTデータグループウェブサイトのマルチデバイス対応NTTデータグループウェブサイトのマルチデバイス対応
NTTデータグループウェブサイトのマルチデバイス対応
 

More from Andrew Hingston

Unit 19e Enduring power of attorney
Unit 19e Enduring power of attorneyUnit 19e Enduring power of attorney
Unit 19e Enduring power of attorneyAndrew Hingston
 
Unit 19a Estate Planning
Unit 19a Estate PlanningUnit 19a Estate Planning
Unit 19a Estate PlanningAndrew Hingston
 
Unit 18d Retirement strategy
Unit 18d Retirement strategyUnit 18d Retirement strategy
Unit 18d Retirement strategyAndrew Hingston
 
Unit 18c Retirement dwellings
Unit 18c Retirement dwellingsUnit 18c Retirement dwellings
Unit 18c Retirement dwellingsAndrew Hingston
 
Unit 16 Advanced Graduate Strategy
Unit 16 Advanced Graduate StrategyUnit 16 Advanced Graduate Strategy
Unit 16 Advanced Graduate StrategyAndrew Hingston
 
Unit 14e Managed Fund performance and fees
Unit 14e Managed Fund performance and feesUnit 14e Managed Fund performance and fees
Unit 14e Managed Fund performance and feesAndrew Hingston
 
Unit 14c Managed Funds and risk
Unit 14c Managed Funds and riskUnit 14c Managed Funds and risk
Unit 14c Managed Funds and riskAndrew Hingston
 
Unit 14b Types of Managed Funds
Unit 14b Types of Managed FundsUnit 14b Types of Managed Funds
Unit 14b Types of Managed FundsAndrew Hingston
 
Unit 13 Other Listed Investments
Unit 13 Other Listed InvestmentsUnit 13 Other Listed Investments
Unit 13 Other Listed InvestmentsAndrew Hingston
 
Unit 12f Taxation of shares
Unit 12f Taxation of sharesUnit 12f Taxation of shares
Unit 12f Taxation of sharesAndrew Hingston
 

More from Andrew Hingston (20)

Unit 19e Enduring power of attorney
Unit 19e Enduring power of attorneyUnit 19e Enduring power of attorney
Unit 19e Enduring power of attorney
 
Unit 19d Will tips
Unit 19d Will tipsUnit 19d Will tips
Unit 19d Will tips
 
Unit 19c Will choices
Unit 19c Will choicesUnit 19c Will choices
Unit 19c Will choices
 
Unit 19b Wills
Unit 19b WillsUnit 19b Wills
Unit 19b Wills
 
Unit 19a Estate Planning
Unit 19a Estate PlanningUnit 19a Estate Planning
Unit 19a Estate Planning
 
Unit 17 Seeking advice
Unit 17 Seeking adviceUnit 17 Seeking advice
Unit 17 Seeking advice
 
Unit 18d Retirement strategy
Unit 18d Retirement strategyUnit 18d Retirement strategy
Unit 18d Retirement strategy
 
Unit 18c Retirement dwellings
Unit 18c Retirement dwellingsUnit 18c Retirement dwellings
Unit 18c Retirement dwellings
 
Unit 18b Age pension
Unit 18b Age pensionUnit 18b Age pension
Unit 18b Age pension
 
Unit 18a Retirement
Unit 18a RetirementUnit 18a Retirement
Unit 18a Retirement
 
Unit 16 Advanced Graduate Strategy
Unit 16 Advanced Graduate StrategyUnit 16 Advanced Graduate Strategy
Unit 16 Advanced Graduate Strategy
 
Unit 15c Watch your LVR
Unit 15c Watch your LVRUnit 15c Watch your LVR
Unit 15c Watch your LVR
 
Unit 15b How to gear
Unit 15b How to gearUnit 15b How to gear
Unit 15b How to gear
 
Unit 15a Gearing
Unit 15a GearingUnit 15a Gearing
Unit 15a Gearing
 
Unit 14e Managed Fund performance and fees
Unit 14e Managed Fund performance and feesUnit 14e Managed Fund performance and fees
Unit 14e Managed Fund performance and fees
 
Unit 14c Managed Funds and risk
Unit 14c Managed Funds and riskUnit 14c Managed Funds and risk
Unit 14c Managed Funds and risk
 
Unit 14b Types of Managed Funds
Unit 14b Types of Managed FundsUnit 14b Types of Managed Funds
Unit 14b Types of Managed Funds
 
Unit 14a Managed Funds
Unit 14a Managed FundsUnit 14a Managed Funds
Unit 14a Managed Funds
 
Unit 13 Other Listed Investments
Unit 13 Other Listed InvestmentsUnit 13 Other Listed Investments
Unit 13 Other Listed Investments
 
Unit 12f Taxation of shares
Unit 12f Taxation of sharesUnit 12f Taxation of shares
Unit 12f Taxation of shares
 

Recently uploaded

Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxDenish Jangid
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxheathfieldcps1
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxVishalSingh1417
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfChris Hunter
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxnegromaestrong
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin ClassesCeline George
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...KokoStevan
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfAyushMahapatra5
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.MateoGardella
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxVishalSingh1417
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 

Recently uploaded (20)

Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
The basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptxThe basics of sentences session 2pptx copy.pptx
The basics of sentences session 2pptx copy.pptx
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Making and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdfMaking and Justifying Mathematical Decisions.pdf
Making and Justifying Mathematical Decisions.pdf
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17  How to Extend Models Using Mixin ClassesMixin Classes in Odoo 17  How to Extend Models Using Mixin Classes
Mixin Classes in Odoo 17 How to Extend Models Using Mixin Classes
 
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
SECOND SEMESTER TOPIC COVERAGE SY 2023-2024 Trends, Networks, and Critical Th...
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Class 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdfClass 11th Physics NEET formula sheet pdf
Class 11th Physics NEET formula sheet pdf
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.Gardella_Mateo_IntellectualProperty.pdf.
Gardella_Mateo_IntellectualProperty.pdf.
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 

Unit 4b Creative ways to own a home

  • 1. GENC3003Personal Financial Planning Andrew Hingstonandrew.hingston@unsw.edu.au Unit 4: Creative ways to own a home
  • 2. 2 Discussion “Buying a house in Sydney has become very difficult unless you are a dual-income family and plan to stay that way for the next 25 years!” What are some creative ways of achieving the goal of long-term home ownership?
  • 3. 3 Some creative alternatives Keep perspective! Just need a 2BR flat paid off by 60! Buy a small place and pay it off ASAP Move to the country (one way ticket though) Buy in Sydney outer suburbs Rent in Sydney, buy elsewhere … then swap Co-invest with family member Co-habit with other family (eg. Duplex) Buy a house then rent out the rooms