The big question: rent or buy?
Mar 31, 2022
3 minutes
Renting, rather than buying, a home has been a popular strategy of Australian FIREs. They don’t get caught up in the property hype. Instead, they analyse whether it is a worthwhile asset compared with holding index funds.
Renting, argue plenty of FIREs, is cheaper than buying. There’s no stamp duty or rates to pay. Some landlords pick up a few of the utility bills, too.
A number of FIREs have invested in property but continued to rent their home.
“Many FIRE seekers commonly
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