Single mum Kyra Mayfield’s bold pitch to buy a home amid housing crisis
Single mum Kyra has saved $80k but still can’t afford a roof over her children’s heads – so, she’s made a bold pitch in the hopes of a lifeline.
SA News
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A desperate single mother has taken to social media in an ambitious bid to put a roof over her children’s heads, saying it was now “nearly impossible” to buy a home on one income.
Business owner Kyra Mayfield, 32, has put the call-out on social media for a bold pitch – asking if any generous landowners would be prepared to subdivide.
With the rent for her Goodwood hair tattoo studio Hype SMP costing $600 per week, Ms Mayfield said it was simply not doable to balance the costs of a home with her work.
Ms Mayfield and her two children, Amani, 11, and Jye, 9, have been living with her mother since she separated from her partner three years ago.
“Rental costs had just soared and we just couldn’t make it work off a single income,” she said.
“I would have had to give up on the business to rent a house.”
While juggling children and her own business, Ms Mayfield had managed to save $80,000 to put toward a place of her own, but said she was turned away by most mortgage brokers.
With the stress of housing insecurity taking its toll on her family, she decided to attempt an unconventional path to home ownership.
“If someone has a large amount of land and wants to subdivide me a little teeny section of it, please chuck me a message,” she wrote.
Her post quickly picked up hundreds of comments, with many sending messages of support.
Ms Mayfield said she recognised the chances of finding land for $80,000 was “absolutely wild”, but hoped her “crazy shot” would pay off for her children.
“In today’s time, trying to afford the lifestyle you wish to have for your children as a single mum is nearly impossible,” she said.
“If I had the opportunity to get some land and build in my own time it could change our lives … I understand $80k for land in today’s world is far fetched but you never know until you put yourself out there.”
The 32-year-old said she had received a number of messages since putting herself out there, but nothing promising yet.
“I have so many ideas to expand my business, which is booming, but I can’t really spend any money until I sort out our living situation – it’s like a catch-22,” Ms Mayfield said.
“It’s frustrating to not be able to get into the market the traditional way, but it’s pretty much impossible to find a home for anyone who’s single these days.”
Financial stress for women has been felt across the country this year, with a report by Great Southern Bank finding women have been hit harder by rising living costs.
Last month, director and finance broker at JP Mortgages James Paterson said he “very rarely” saw single mums searching for homes as prices and interest rates made repayments on one income near-unreachable.