How to Buy Your First Home in Australia Right Now | Glen James & Rachelle Kroon

Priced out of Australian property? Residential Mortgage Broker of the Year, Aaron Christie-David, sits down with Glen James (Money Money Money) and broker Rachelle Kroon to say young first home buyers are giving up too soon. Glen and Rachelle have written a book for first home buyers, and they say it still stacks up after the budget. Aaron has known them both for more than a decade. He doesn't agree with everything they say. They get into the 1% rule for spenders, why a four-year deposit plan beats doing nothing, holding growth assets for the long haul, negative gearing after the budget, parental guarantees versus the bank of mum and dad, and why Glen, a self-confessed filthy renter, looks at a 15-property portfolio and asks one question: what's the equity? Plus Bunnings, Uber Eats, Morgan Housel's The Psychology of Money, and the line between ambition and ego. Whether you're saving your first deposit, helping your kids into the market or sitting on a portfolio wondering when to sell down, this one's for you. "Isn't that better than waking up in four years and going, I've done nothing?" Aaron Christie-David: @aaronc_d Built Different: @_builtdifferentpodcast Glen James: @moneypodcast.aus Rachelle Kroon: @rachellekroon_money Book: https://www.amazon.com.au/Quick-Start... ⏱️ CHAPTERS 0:26 The book for first home buyers 7:17 How long should you really hold a growth asset? 12:07 The best investment you'll ever make is in the mirror 18:27 Can't afford it, or don't want it enough? 19:47 Why young Australians are giving up on a home 24:55 The 1% rule for spenders 38:23 100 properties under 40: smart or stressed? 51:05 Parental guarantees and the great divide 56:54 Rent vs buy, from a filthy renter 1:00:09 Biggest money tip, biggest money regret 📩 Book a chat with the Atelier Wealth team: https://calendly.com/atelierwealth/in...[EP]-glen-james-rachelle-kroon