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Here’s what’s happening to new house construction and what it means

Capital city house construction levels continue to increase, enhancing overall national new home supply and providing the prospect of rising activity for an underperforming economy. Latest ABS data reports that the number of capital city building approvals for houses increased by 5.0 percent over November to 6,818 and was also up by 4.3 percent compared…

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Ask Michael Anything [video] – Is this a good suburb?

In this video series we answer your questions of Michael Yardney.  Watch Michael discuss what makes an investment grade suburb and what makes a better investment – established or off the plan. This weeks question: I’m looking at buying a 2 bedroom apartment as an investment. Do you think Caulfield in Melbourne as a good…

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I spent 5 years studying rich people — here are the top 4 ways millionaires earn their money

It seems to me that people could save a lot of time, aggravation, and money (and also limit risk) if they knew exactly how millionaires made their money. In my Rich Habits Study , I interviewed 233 wealthy individuals (177 of whom were self-made millionaires) with at least  $160,000 in annual gross income and $3.2 million in net assets….

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