‘Co-buying’ – the strategy gaining traction with Australian first-home buyers

First home buyers are going to great lengths to get on to the property ladder. 

Mortgage Choice spokeswoman Jessica Darnbrough said it had also seen an increase in first-home buyers co-buying with friends and family – from 7.9 per cent of first home buyers in 2014 to 9.2 per cent in 2016.

“Given that property prices have risen fairly consistently across most markets in Australia, it is little wonder why we have seen an increase in the number of first home buyers who are buying property with their friends and family,” she said.

For the full article see:  http://www.domain.com.au/news/cobuying-8211-the-strategy-gaining-traction-with-australian-firsthome-buyers-20161207-gt3z4y/

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