Money magazine Comments - Ask Paul: Should I buy an investment property or a home? "Any advice on how I could get my foot into the property market as an investor?" Lucille asks Paul Clitheroe. "Or should I aim to purchase my own place as an owner-occupier?" https://www.moneymag.com.au/feed/latest?story=179808302 Wed, 23 Apr 2025 18:23:09 +1000 Wed, 23 Apr 2025 18:23:09 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: Should I buy an investment property or a home? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Mark Mollenhauer ()

Paul - it's inspiring to see practical encouragement for those trying to get into the property market. I'm just curious though - you didn't mention the Federal Government's First Home Guarantee scheme or any of the other First Home Buyer benefits that could help Lucille (and others like her) reduce the deposit hurdle or avoid LMI (I'm assuming she is a FHB). Is there a reason why these weren't brought up? Would love to hear your thoughts on how these programs fit into the overall strategy for someone in Lucille's position.

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]]> Mark Mollenhauer () Wed, 23 Apr 2025 18:23:09 +1000