Are you better off buying a house
          
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          By: Alfie Chadwick
           Date: June 27, 2025
          Sprout
        
        
        
          
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      Australia is a place where ‘getting on the property ladder’ is touted as the best way to get ahead. But why is going into a million dollars in debt considered so good?
What would be the cost of just renting instead of taking out a loan?
With mortgages being so expensive, would you be better off using the money saved from renting on investing?