Rent for fun, buy for the future family - Mary Holm

Q. I feel there must be others out there like us, who have woken up to the fact that, while they earn reasonable money, they can't afford the $350,000 plus required to buy a freestanding house in central Auckland, with the prospect of having children.

Monday, September 1st 2003, 8:15AM

by The Landlord

We are a newly married couple aged 31. We spent our twenties travelling and exploring work options. We are both now settled in the slightly fickle freelance world of the film and TV industry.

Because of work contacts this requires us to live in Auckland (otherwise we probably wouldn't).

We rent a great house in an inner-city suburb, which we think is cheap at $320 per week.

We have managed to save $40,000 in six months, which is in an interest-earning cheque account...

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