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Call it the reverse of the great Australian dream. Soaring property prices are creating a nation of young landlords who live the new Australian dream of investing in property before they purchase their own homes.
Fresh figures from Martin North's Digital Finance Analytics, released on Friday, show more than half of first home buyers in NSW and one in three first home buyers in Victoria are investors.
It is expected for the first time that more first time buyers are will be investors, rather than owner-occupiers by the end of this year.
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