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5 Foolproof Ways To Own Real Estate In Sydney

These are tips Joe Hockey forgot to mention.

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Last Tuesday, our fearless Treasurer, Joe Hockey, shared some wise words with us regarding rising housing prices.

ABC 24 / Fairfax Media

Many Austraiians found his remark "insensitive" and "out of touch".

Columbia Pictures

But let's be real, guys. Hockey wasn't totally wrong. He was just incomplete.



So here are 5 alternative ways to get into the first home buyer's club.


1. Take advantage of Squatters Rights


PROS: That quote is straight out of the property law doctrine of Adverse Possession. #legit

CONS: Just like real estate investment, you're in this for the long term. So get ready to channel your inner Shawshank.

2. Marry rich.

Def Jam

PROS: Dat Money! Worst case, you co-own a mansion or are bequeathed a property in your own name.

CONS: If the only reason you're getting married is to be a home owner, brace yourself for an imminent divorce. (Which might be just as lucrative tbh.)

3. Live at home forever.

Columbia Pictures

PROS: That house will one day be yours. Mark my words.

CONS: Putting up with nagging disappointed parents. Also doesn't work if your parents aren't homeowners.

4. Injure yourself somewhere fancy and sue for damages.


PROS: The more famous the defendant, the more they will do to make this go away. Including give you all the money to buy your own house.

CONS: You might actually have to hurt yourself physically for this to work.

5. Move to Canada.


PROS: They have a city called Sydney, too! And their market is significantly cheaper than ours.

CONS: Their housing market is post bubble burst so you'll be around a bunch of sad Canadians which is never fun. Also, you'll have to import your own vegemite.

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