Richmond Dinh
👤 SpeakerAppearances Over Time
Podcast Appearances
That's the only logical reason how people can afford property.
Right.
You know, because $1.2 million average house price for average income of only $90,000.
Oh, my God.
It doesn't even make sense.
Yeah, that's a 12x.
Yeah.
Yeah.
So when people need a deposit for a home, they're going to put down 250K.
They're getting old money from somewhere.
Right.
They're getting it from their parents who bought a property when it was 20K, like 30 years ago.
That's nuts.
Yeah.
That's right.
Yeah.
Well, I bought my first property when I was 24.
Yeah.
So just out of university.
And I built up a really good portfolio to 12 properties.