| Thursday 10th March 2011 |
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Renters can expect a rise "RENTERS can expect a rise in the cost of their accommodation of more than seven per cent in the coming year, according to a leading forecaster. Real estate information firm RP data predicts that Melbourne rents will outstrip inflation and wage growth to make the cost of renting a unit or a home higher than ever - and the competition as hot as ever in a crowded market....." read more With weekly rents increasing so much the last few years, and with more rental increases expected in the very near future, we are noticing a lot of our new home owners comment on how its not much extra to just get a Rent To Own home instead and have their weekly contribution go towards home ownership. We have a recent home owner comment they were paying $450 per week in rent, but they took up a Rent To Own home with us for just $498 per week. For an extra $48 per week they were a home owner. Are you in that boat? -- Sheree Becker - Rent To Own specialist with Rent To Own Your Home
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