Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Friday, 17 October 2014

First-time buyers/first-time investors

First-time buyers have not really "gone on strike" or "gone missing" - a subject discussed here much previously, investigated further by DFA Blog - but many are buying as investors. This has certainly been the case in Sydney, though I can't vouch for elsewhere.

First-Time-Buyer-PC-Oct-2014

Source: DFA

In any case, first-time buyer numbers are understated by the statistics as discussed here - also a lead article on Sydney Morning Herald today.