Finance & Fury Podcast

Welcome to Finance and Fury, the Say What Wednesday edition   Hi Louis, My wife and I a looking for ways to buy a home, given some credit history and income stability challenges. I was hoping to get your thoughts on Rent-to-own arrangements. I really enjoy your podcasts, thanks for doing it.   Thanks Cameron!   What you need to know about rent-to-own home schemes Rose out of current market conditions - A perfect storm of rising living costs, “low and slow” wage growth and increasing house prices – task of saving for a deposit for a $800k place takes longer than $200k place alternatives - rent-to-own schemes is becoming a choice for people looking to buy a place   What is rent-to-own? Rent-to-own schemes - leasing agreements that afford renters the right to buy a home at the end of a pre-determined rental period, at a price agreed prior to signing the agreement Sets in stone the future sale price - means you may potentially buy a home for a cheaper price can also work against the buyer, if the market e