Canna Campbell

That's not true.

Like there are lots of ways to make money.

Property, residential property is not the be all and end all.

And hopefully the blessing in disguise behind this, not that I agree with the changes, but perhaps it's to get people to start looking at other asset classes and maybe diversifying more.

Well, obviously, it's to start saving.

But I think once you've started saving, you can actually see, all right, I'm getting there with my deposit.

Go and speak to a mortgage broker.

They will give you a really good mortgage broker.

They will give you an idea as to what you can afford.

and what your budget is and what are the mortgage repayments going to look like.

And you might get there and go, oh my goodness, there's no way I want that responsibility or that's going to dent my cash flow too much or I can't maintain any type of lifestyle with that responsibility.

Having that's really important because then you go, okay, I need to either save more or I need to, you know, maybe the goal of buying property to delay it or extend it a little bit.

So that's really important.

And of course, doing your research.

You make so much of your money when you buy, particularly with property.

You know, because if you can buy well, of course, then that growth there is going to be a lot sooner for you.

So getting to know the real estate agents in the area that you want to buy, asking them, you know, particularly if this is for an investment purpose, ask them what are renters wanting?

Do they want, you know, a bathtub because a lot of young families, you know, are renting these types of properties?

Or is it a lot of sort of elderly people that want, say, a level floor, no steps, or they need the importance of a lift?

If you're going to be buying property, residential property, you've got to think of it as a business.