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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.

CW

THERE ARE OTHER OPTIONS!

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

Nickelodeon

1. Take advantage of Squatters Rights

Fox

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.

E!

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.

CBS

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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