The Renter

RE­NAE SMITH, 33, PR DI­REC­TOR

GQ (Australia) - - GQ INC. -

“I’ve owned a house be­fore, but when my former hus­band lost his job, we strug­gled to make re­pay­ments. It was a mas­sive bur­den. When we sold, it didn’t oc­cur to me to buy again. Sav­ing for a home, then hav­ing a mort­gage and rates seems like a night­mare. You don’t want to spend life slav­ing away, just to own a house. Mort­gages are pro­hib­i­tive; they re­strict you from trav­el­ling, from hol­i­days, from re­lo­cat­ing. I love the flex­i­bil­ity of rent­ing and the has­sle-free life­style it of­fers. I have a lovely pent­house apart­ment in New­town, Sydney, and I use Airbnb to rent the front room out to help pay the [over­all cost]. We ad­ver­tise for peo­ple want­ing to stay long-term. Through summer it pays about 75 per cent of my over­all rent. Through win­ter, it pays about half. It’s a fan­tas­tic sit­u­a­tion – if I go away, the Airbnb lodgers even feed my cat.”

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