Young Professionals are more likely now to rent close to the city and buy investment property.
Young renters keen to maintain certain lifestyle factors are increasingly looking to buy investment properties in more affordable suburbs and rent closer to the city.
The ‘rentvestor’ trend was identified in a white paper released by LJ Hooker as one of the key trends for under 30s in the property market.
“This buyer is currently renting and loves their lifestyle and doesn’t want to relocate from the area where they are presently living,” the report says. See full story on this link http://goo.gl/ysb8fb.
~ Lime Property Solutions
