Final Thoughts
Would-be homebuyers are getting squeezed on both sides of the property ladder—both on the entry and exit levels. First-time homebuyers often struggle to afford deposits and mortgage payments. At the same time, older retirees find that renting is a more affordable option, especially when they factor in taxes, insurance, and maintenance costs.
Investors have a wide range of options available to them. Certainly, if money is not an issue — i.e., an investor is buying with cash or making a sizable down payment—then they are in an enviable position with a vast tenant pool from which to choose.
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