According to Cotality’s March housing report, it’s $322 a fortnight cheaper to buy a unit in inner-city Melbourne than it is to rent one.
Who pays rent by the fortnight? If they said saving $644 you would know it’s per month, if they said saving $161 you would know it’s per week, so lets use fortnight amounts as clickbait
Who pays 644 a month in Melbourne, i reckon if you have 650 a week, it’s a shit or tiny place, or below average rent.
But yes fortnightly or even monthly is unusual
I get paid fortnightly so i pay rent fortnightly makes sense to me, paying a weeks rent when you get paid fortnightly is asking to risk being short every second week, if you are paid monthly same thing pay in 4 weekly payments or monthly, also where are you finding 161$ a week rent, not in melbourne i would imagine, i pay 525 a week and im in greater sydney area not even in the city AND my rent is absurdly cheap for the area
They’re just comparing rent with mortgage repayments. But not maintenance on the property, rates, body corporate, opportunity cost on your deposit and stamp duty.
