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Why ‘cheaper to buy than rent’ suburbs are everywhere

You might have thought that the endless escalation of mortgage rates would finish the notion of a suburb where buying was cheaper than renting.Not so.There are at least 40 suburbs around the nation that are both cheap and offer strong prospects for the home owner or investor. 

Terry Ryder of the Hotspotting group is Wealth Editor, James Kirby’s  guest in this episode.

Submit your questions on all things property, business and finance here – themoneypuzzle@theaustralian.com.au  

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Original URL: https://www.theaustralian.com.au/business/why-cheaper-to-buy-than-rent-suburbs-are-everywhere/audio/f99740a8bcae2495e6f4f2abed688bff