Why Equity Mates Thinks the Next Generation Won’t Own Homes

Update: 2024-09-15

Description

Why do Alec and Bryce from Equity Mates think the next generation won’t own homes? In this episode, we have a chat with Alec Renehan and Bryce Leske, the co-founders of Equity Mates Media, to explore why more young Australians are steering away from the idea of property ownership and leaning towards investing in shares instead.

We discuss how the wealth gap between those who can get financial help from family and those who can’t is influencing this shift. How is this gap making property less accessible for younger generations? And why are many looking to the stock market as a more viable option for building wealth?

Throughout the episode, we cover the challenges young people face when trying to enter the property market and what they’re considering as alternatives. Alec and Bryce share their insights from years of working with young investors and reflect on the changing attitudes towards property and investing.

If you’re curious about how investing mindsets are evolving, this is an episode you won’t want to miss. Tune in and let's dive right into it!

Episode Highlights:

00:00 - Introduction

01:05 - Who are our guests for today?

02:22 - Why is Equity Mates so successful as a podcast?

04:04 - How do you balance finance discussions and compliance?

08:12 - Are young Australians moving from property to equities for wealth building?

11:12 - The psychological security of property ownership

13:31 - Has international investing become more popular due to US tech success?

20:03 - Is bad advice also common in your industry due to people seeking easy solutions?

23:53 - How the focus on behavioural finance has changed their understanding of investing

26:49 - Lessons from investment errors reflect the serious impact of choosing the wrong path

31:15 - How Alec & Bryce balance their core investment strategies with new investment ideas

36:41 - After a recent purchase, did your perceptions of property investing change?

40:33 - The benefits of using a buyer’s agent and the importance of expert advice

50:05 - Is it true that the best property deals are reserved for those who pay for early access?

56:19 - Do you have a notable property investment fail story?

About Our Guests:

Alec Renehan and Bryce Leske are the cofounders of Equity Mates, Australia's #1 finance and investing brand for young Australians. They met at university and both developed a passion for investing. As they spoke to friends and family about their interest, they realised a lot of people faced the same challenges. So, they set out to record their journey of learning to invest, in the hope others would join them. Equity Mates Investing Podcast was started in 2017 and in the years since has grown a community of young investors in Australia and around the world.

Connect with Alec and Bryce:

Website https://equitymates.com/
Alec Renehan’s LinkedIn https://www.linkedin.com/in/alec-renehan/
Bryce Leske’s LinkedIn https://www.linkedin.com/in/bryce-leske/
Equity Mates Investing Podcast https://equitymates.com/show/equity-mates-investing-podcast/
Get Started Investing Podcast https://equitymates.com/show/get-started-investing-podcast/

Resources:

Visit our website https://www.theelephantintheroom.com.au
If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
Work with Veronica: https://www.veronicamorgan.com.au
Looking for a Mortgage Broker? https://www.flintgroup.au
Work with Chris: chrisbates@flintgroup.au

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!