831 is rentvesting dead? borrowing capacity case studies, lending landscape & what to do now

So let, let's maybe start with our journey as rent-vestors, 'cause we are pro-rent-vesting.

Uh, and we have been since inception really.

Yeah, and look, and we all know I was a rent-vestor, but probably not as some big investor plan.

I was a rent-vestor out of necessity-

Were you?

... to enter the market.

And I think in today's world that's pretty prevalent for people who can't afford to get into the property market otherwise.

Okay, so let's sit there for a bit.

You mentioned out of necessity, property prices in your area meant that you couldn't buy your owner-occupier.

Absolutely not.

Yeah.

I absolutely could not afford to, to buy where I lived.

Mm.

And so I rented a small apartment, which is what I could afford at the time on a single income, and I bought an investment property in a regional area.

Okay.

So without showing your age, how long ago was that?

It was 22 years ago.

[laughs]

22 years ago.

So same, same.

Yeah.

We fast-forward 22 years and the same problem's occurring.

Well, I think the same problems are occurring for people on double incomes now.

Mm.

You know, on a single income back then it was very hard, but I think even for people on double incomes now-