Downvesting - working at taking it easy
from FLAT CHAT WRAP Hosted by Jimmy Thomson & Sue Williams
This week we introduce you to the concept of “downvesting” – no, it’s not a singlet fashioned from duck feathers, but a growing trend whereby impending retirees buy a property that they plan to downsize into but rent it out until they are ready to make the life-changing move. And we investigate the challenging concept of de-cluttering and how getting ready to move house could change your mind about moving at all. We take another look at Build-To-Rent and how one superfund, the majority of whose members work in health and social services, is investing in a BTR block of which many of the residents will be exactly that slice of essential (but often underpaid) workers. And we have a look at how the new tax proposed for short-term holiday lets in Victoria is long overdue and could and should spread to other states. That’s all in this week’s Flat Chat Wrap. ____________________________________________________ Flat Chat is all about apartment living, especially in Australia. Find us on Facebook and Twitter and the Flat Chat website. Send comments and questions to [email protected]. Register to ask and answer questions about apartment living anonymously on the website. Recorded by Jimmy Thomson & Sue Williams; Transcribed by Otter.ai. Find out more about Sue Williams and Jimmy Thomson on their websites.
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This week we introduce you to the concept of “downvesting” – no, it’s not a singlet fashioned from duck feathers, but a growing trend whereby impending retirees buy a property that they plan to downsize into but rent it out until they are ready to make the life-changing move. And we investigate the challenging concept of de-cluttering and how getting ready to move house could change your mind about moving at all. We take another look at Build-To-Rent and how one superfund, the majority of who...
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