Housing Affordability – It is NOT YOUR FAULT – Life Happens

Housing Affordability – It is NOT YOUR FAULT – Life Happens

The enormity of the crisis is not for Government alone to resolve.

Hello All,

Life happens.

Housing affordability has changed over the years, once upon a time it was easier to save.

It is not your fault. Inflation, home rentals and real estate values are increasing at a greater rate than household incomes. Making saving for a deposit increasingly more difficult, even impossible.

What has been happening? For consideration: 

• Real estate prices are affected by INFLATION
  1. Example: 3% Inflation – Property $550,000
  2. In 15 years. Property $856,882 an INCREASE of $306,882
  3. Average increase $1,705 per month
  4. Click link to calculator different examples, at 4%, 5% or 6% to include potential capital growth: <insert after post> https://www.affordassist.com/fast-track-calculator/
• Inflation also effects
  1. Income: Not keeping up with inflation increases
  2. Cost of living: Renting + living expenses increase with inflation
  3. Cash savings: Year-on-year effect, saving for a deposit increasingly more difficult, even impossible
• Getting a Home Loan
  1. Has always been about the DEPOSIT
  2. NO DEPOSIT. Means No Loan. Means No Sale

For some time. Many great minds have been putting forward solution, after solution in an attempt to ease or resolve the housing crisis. Considering the well-meaning intentions of Government. Current programs are not applicable to all Australians. The enormity of the crisis is not for Government alone to resolve. The affordability landscape has shifted. Thus, the rear vision mirror does not provide the much-needed present-day solutions. New thinking, ideas and systems are needed.   

Deposit Solved. Via a community centric approach. AffordAssist has developed an innovative INTEREST FREE Deferred Deposit Solution. AffordAssist makes it possible to secure a loan with around 1%. Buy a property from willing property seller with an initial part-deposit, defer and pay the balance of the deposit without interest typically within 60-months. 100% Title Ownership.

AffordAssist is Enabling Home Ownership. Ideal for applicants:

• With an income but not the full cash-deposit (example, loans settled with less than 1%); and 
• That are struggling to settle due to low valuation or other, with AffordAssist all settlements are possible.

Click here to view website/ Apply: https://www.affordassist.com/

B2B – AffordAssist provides and manages the governance process. Are you a broker, lender, developer an agent, in affordable housing or a housing minister? Join our mission to help increase home ownership. We welcome your team work; together we can help more into home ownership.
 
Kind regards
AA