Is Australian property still the wealth-building machine it’s often made out to be? Or have some of the forces that drove its huge run over the past few decades started to run out of steam?
Tash chats with new co-host Jack Tossol, a former financial planner and content creator, about the case for and against property. They unpack affordability, leverage, diversification, rentvesting, private equity and why buying a home can be as much an emotional decision as a financial one.
In this episode:
🏠 Why Jack thinks some of the tailwinds behind Australia’s property boom, including falling interest rates and rising workforce participation, may be harder to repeat
🏠 Why property doesn’t necessarily need to crash to disappoint investors, and how long periods of flat prices can matter too
🏠 The trade-offs that come with property, including debt, maintenance costs, illiquidity and having a large amount of wealth tied to one asset
🏠 Why Jack prefers rentvesting for now, and how renting can offer more flexibility if work or life takes you somewhere new
🏠 How leverage can make property powerful, while also magnifying the consequences if things don’t go to plan
🏠 Why Tash and Jack are cautious about treating buyers’ agents, mortgage brokers or social media personalities as automatically qualified sources of property advice
🏠 How Australia’s focus on housing compares with other ways of building wealth, including shares, businesses and private equity
🏠 What Jack would consider if he had $50,000 to invest, and why your borrowing capacity, goals, time frame and appetite for risk matter more than following a blanket “property versus shares” rule
The big takeaway? Property can still play a role in building wealth, but it isn’t the only option and it isn’t automatically the best one. Before taking on a large loan, it’s worth understanding the costs, risks and alternatives — and making sure the decision fits the life you actually want.
Disclaimer:
Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.
Tash Invests Pty Ltd is a Corporate Authorised Representative 1317713 of Rask Licensing Pty Ltd. Read the FSG available from https://tashinvests.com/links
Pearler is an Authorised Representative 1281540 of Sanlam Private Wealth Pty Ltd AFSL 337927. Read the FSG available from https://pearler.com/financial-services-guide
If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.
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