04 February, 2022

CBA backs ‘live now, buy later’ start-up that will ditch home deposits

 https://www.afr.com/technology/cba-backs-live-now-buy-later-start-up-that-will-ditch-home-deposits-20220203-p59tix

This may help many people however some people don’t even have $25k in the bank for a deposit. Banks still want your money and greedy realestate vendors want your money. 

I guess it is just the way it is going to be for most people, because people are desperate for a home. Rent is dead money but many are still caught up in the cycle of rent or buy. 

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