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How this Millennial plans to get wealthy even as a ‘forever renter’

How this Millennial plans to get wealthy even as a ‘forever renter’

What if the great Australian dream could be rewritten to exclude home ownership? Young people like Rosie Wilson are giving it a red hot go.

Owning property is no longer a top priority for young investor Rosie Wilson. 

Lucy DeanWealth reporter

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Even if property was more affordable, Rosie Wilson doesn’t think she’d buy. The 35-year-old Adelaide woman says that by renting while investing heavily in her superannuation and ETFs, she and her partner have achieved better returns and feel financially secure.

She previously owned a property with a former partner, but after the relationship ended, and they sold, she decided not to buy again.

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Lucy Dean
Lucy DeanWealth reporterLucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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Original URL: https://www.afr.com/wealth/personal-finance/how-this-millennial-plans-to-get-wealthy-even-as-a-forever-renter-20240902-p5k76h