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Hi All AMP have a calculator on their website that calculates a rent vs buy scenario based on your financial details. www.amp.com.au/au/3column/0,2338,CH3638%255FNI9790%255FSI56,00.html?via=AMPAUTopNav This is a good way to model the cost benefits to suit your particular situation...

Hi Cat I will still be choosing to rent and invest in IP's, mostly based on Spidermans summary per below. I am also going with Options 3 & 4, I did consider buying my own PPOR but worked out for now I would be worser off and better off renting where I like and investing the rest. I did...

I rent also, my share of the rent is half that of a mortgage repayment of a property similar to what I would like to live in. As long as you put the extra money to good use, invest elsewhere for solid capital gains and income then it is worthwhile. The downside of renting would be if you...