Hi, Australian here living in Sydney. I'm a very happy renter. Renting in Sydney annually is way under 5% of the cost of owning a house. Even if I could afford

Hi, Australian here living in Sydney. I'm a very happy renter. Renting in Sydney annually is way under 5% of the cost of owning a house. Even if I could afford to buy a house in Sydney, I wouldn't dream of it. It's much more economically sensible to rent. The money I save in opportunity costs from renting is huge. I can invest the difference between rent and mortgage repayments and don't need to be concerned with maintenance and other costs of owning. Check out https://www.youtube.com/watch?v=Uwl3-jBNEd4 https://www.youtube.com/watch?v=Uwl3-jBNEd4 for more info.