🏠 The Australian Housing Crisis has reached unprecedented levels in 2024! Watch this raw, personal journey of survival and adaptation in today's challenging property market.<br /><br />🎯 My Property Investment Journey The cost of living in Australia has skyrocketed, forcing many to make tough choices. From earning $8,000 monthly as a full-time professional to seeing my work hours slashed by AI integration, my story reflects the struggles many Australians face. Our property investment journey began in 2019, but a builder's liquidation in 2021 changed everything. Despite owning investment properties, we found ourselves house-sitting and occasionally living in tents.<br /><br />🏘️ Real Estate Market Reality Check Real Estate Australia is experiencing a severe housing shortage crisis. In Darwin, our rental property attracted 17 applicants, while Gold Coast properties now command $800-$1,000 weekly for basic two-bedroom units. Property investing in Australia has become increasingly challenging, with everyday Australians struggling to find affordable housing options.<br /><br />💡 The Bigger Picture The housing crisis statistics are staggering: Australia is falling behind by 250,000 properties annually. With 100,000 builders lost in four years and 900,000 immigrants welcomed in 2023, investing in Australian property has become more complex. The cost of life in Australia continues to rise, with grocery expenses increasing 30% in just one year.<br /><br />🌟 Creating Solutions Through Investment Our solution? Property investment in Australia through a shared housing model. Our nine-person investment property currently houses four tenants, providing affordable living costs in Australia while working towards financial recovery. This experience shows how property investments in Australia can adapt to serve both investors and those seeking affordable housing during this crisis.<br /><br />⏰ Timestamps: <br />00:00 The Reality of Australia's Housing Crisis <br />01:01 The Impact of AI on My Income <br />02:27 Our Property Journey & Builder's Liquidation <br />03:23 Living in Tents Between House Sits <br />04:04 Darwin's Property Market Reality Check <br />05:07 The Shocking Gold Coast Rental Prices <br />06:15 250,000 Properties Short Every Year <br />07:05 From Home Owner to Living in a Tent <br />08:14 Our Shared House Investment Strategy <br />09:02 Why I'm Sharing This Story<br /><br />📺 Previous Episodes: <br />EP 014: https://youtu.be/nnvmSBrNStM<br />EP 013: https://youtu.be/i4FZsTF4vOM<br />EP 012: https://youtu.be/Pwu0NeKD1Bg<br />EP 011: https://youtu.be/hRtADPtrsdc<br /><br /> ⚠️ Disclaimer: The information provided in this video is for educational and informational purposes only. Results may vary based on individual circumstances and market conditions.
