Friends With Money #156: Unlock home ownership with friends


Can't afford to buy a house on your own?  Property pals might be your answer.

With the typical home loan repayment between $3000-$7000 per month, sharing the burden with your friends may be the key to home ownership.

This week on the Friends With Money podcast, Money's Michelle Baltazar chats with Matt Bowen, head of consumer and market insights at ING, about this new option for purchasing property. It covers:

friends with money podcast 156

  • The latest survey on home ownership
  • What is a property pal?
  • How do you start?
  • How do you protect yourself if things go awry?

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Michelle Baltazar is editor-in-chief of Money magazine and an award-winning journalist, editor and publisher. She has worked at media companies including BRW, Shares Magazine (London) and industry newspaper Financial Standard, and has written about superannuation, wealth management, investment technology and financial advice.

Matthew Bowen is ING's Head of Consumer and Market Insights. He has more than 18 years' industry experience, including more than nine years with ING. Matthew holds a Bachelor of Business (Marketing) and Bachelor of Laws from Western Sydney University