Latest / Brick to the Future: Property Investment Show
Season 4, Episode 62: Why Paying LMI is an Investment, Not a Waste of Money
Listen Now for a breakdown on leveraging lenders Mortgage Insurance (LMI) to overcome barriers and secure your spot in the property market!
In this episode, we dive into the challenges young Australians face in today’s property market. With median house prices across capital cities now reaching $855,877 (up from $596,018 in 2019), saving a 20% deposit has become a daunting task. Rising living costs, inflation, and low household savings make it harder than ever to achieve homeownership.
Key Topics Covered:
Challenges of Saving for a 20% Deposit
The average deposit needed is now $159,000—a 50%…
The skinny
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