WOMEN, FINANCIAL SECURITY & GROWING YOUR WEALTH

According to CoreLogic s third annual Women & Property report, there has been a slight increase in the number of women homeowners in Australia over the past 12 months. So, why are more women buying property, and why are they tending to buy apartments? Well, there are a few reasons.

Firstly, women are increasingly concerned with attaining their own independent �inancial security.

Over the past two decades, single career women have become an in�luential buying force in the property market. This is smart, especially when you consider the sad statistic that the fastest-growing cohort of homeless people in Australia is women aged over 55, according to the Australian Human Rights Commission. Clearly, women are seeing real estate as a good path to take in creating long-term �inancial security.

That’s just one very good reason why it’s great to see young women attaining home ownership as early in their lives as possible. It s not just about �inancial security, but also health and wellbeing. Of course, that goes for men, too.

Notice It said property ownership there, not home ownership. That reference was in recognition of the fact that many young people are getting around a�fordability challenges by rent vesting . That s Scan