All in all it's just a… another brick in the wall!

Fri, 5 May 2017
February 11, 2015
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Market Comment

All in all it's just a… another brick in the wall!

Struggling to get a leg up into Sydney’s booming housing market? Here’s a way. There’s a new little fintech in the market place, called BrickX that acquires properties then divides the total equity into10,000 units called Bricks that are then on-sold individually to investors.

This allows the small time investor to enter the property market by “buying a brick” that costs anywhere from $69 a brick for a one bedroom unit in Sydney’s north to $158 per brick for a debt-free house in Melbourne. What a great idea! Www.brickx.com.au

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