Owning a home has been part of the Australian Dream for decades. It was a sign of attaining a certain level of wealth, and the stability that comes with it. And for many, it was a great investment.
Tagged With renting
Disruption is messy. That's the point - a business rethinks the rules of its industry and forces everyone to scramble and regroup, including customers. Now every purchase you make becomes a choice between two kinds of economy. Buy all your books on Amazon and your local bookstore could disappear; order UberEats and - what!? - your local restaurant might go under. Rent an Airbnb and, yep, you're raising people's rents. But, says The Atlantic's Derek Thompson, only a little.
You have problems, I have advice. This advice isn't sugar-coated - in fact, it's sugar-free, and may even be a little bitter. Welcome to Tough Love.
I've lived in a lot of rentals, so I've had to get good at making temporary customisations to apartments to make them feel a little more like they're mine. I know I'm not alone in needing to make a rental feel like home, so if you want to turn your place into something that welcomes you after a long day, here's what to do.
In an industry first, rental search site Rent.com.au has added NBN status to its full listings, making it much easier to find a property with access to super-fast broadband. With a click of a button, prospective renters can see whether a house or apartment currently has access to the NBN - as well as the type of technology being used. The number of connected homes is higher than you might think.
If you're thinking of planning a holiday somewhere in the US for more than a couple of nights, renting a place through services like Airbnb can save you some money. These are the states that give you have the best and worst deals on short-term rentals.
Owning rental property is a great way to generate passive income. If you're not sure how to pick a property or determine what rent should be, use the one per cent rule as a guide.
There's plenty you can do in your rental to make it more like a home without spending a ton or running afoul of your landlord, but if you want some more substantial upgrades or changes, you'll need their help. Have you ever convinced a landlord to pay for upgrades or renovations?
After saving up for a long time, I recently bought a home, which caught some of my friends off guard. "I thought you were anti-homeownership," they said, because I think renting is underrated. Even as a homeowner, I still think renting is underrated. That doesn't mean buying is a bad decision. The rent vs buy debate is just silly overall. It ignores the enormous grey area that exists between the two options.
You might not own your place, but you still want it to feel like home. Problem is, a lot of apartments are bland and cookie-cutter. As a renter, you can't exactly take down a wall or upgrade the appliances in your kitchen. There are, however, a few easy, landlord-friendly upgrades to make your rental feel more like home.