Making sacrifices to buy property

ACCORDING to Mortgage Choice’s annual Investor Survey, 69.4 per cent of investors admitted to making sacrifices to buy property — up from 68 per cent in 2015.

CEO John Flavell said with property prices rising across most markets, he wasn’t surprised to hear a greater percentage of investors were forced to make lifestyle sacrifices.

“Data from CoreLogic found property values climbed 8.3 per cent across the combined capital cities during the past 12 months,” he said.

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