Weekend Reads – Must read articles from the last week

There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month.

Each Saturday morning I like to share some of the ones I’ve read during the week.

We hope you’re having a wonderful Easter Break, enjoy some weekend reading…and please forward to your friends by clicking the social link buttons.

The long and the short of it: eight reasons why short men come up short

We’ve long heard of the ‘short man syndrome’, but according to  The Conversation, short men have more than just an a stereotype personality trait to be concerned with.  15117863_l

Spurned by women, more likely to end up in jail, doomed to earn less, destined to languish in poorly paid jobs, plagued by feelings of inferiority and coming up short where coming up matters most, you’d think life had dealt the short straw to short men.

And maybe it has.

Short men tend to be poorer

The rapidly diminishing segment of the population older than I am will remember the celebrated Frost Report “class sketch” where John Cleese, Ronnie Barker and Ronnie Corbett represent the upper, middle and lower classes in the UK — the height differences symbolising who looks up to, and down on, whom.

As far back as 1915, it was observed bishops were taller than preachers — a trend continued in the towering figure of Cardinal Pell (190 cm).

Find the full article here

Making money by splitting blocks + The ‘perfect’ investment

Another great Real Estate Talk show  produced by Kevin Turner.

In this show:

  • Michael Yardney tells us what to look for in our search for the ‘perfect investment’ including liquidity and appreciation.
  • Tim Lawless from Core Logic RP Data discusses the Core Logic-Moody’s Analytics Australian Forecast Home Value Index and its findings.
  • Jo Chivers gives us an insight into the process and reward of splitter blocks.
  • Graham Jarry who has built a business out of splitting blocks tells us how and what to watch out for
  • Sally Tindall Money Editor for Rate City discusses the findings from a study of more than 3,000 potential mortgage customers, which found an alarming number of people are opting for bigger loans with smaller deposits
  • John Lindeman tells us why the idea that property doubles in value every 8 years is false.

If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.

Student visa boom

According to the latest blog from Pete Wargent Australia’s and New Zealand’s rapid population growth is  in large part a results of a boom in student visas.

A squizz at the February international travel and migration figures from Statistics New Zealand showed that, like Australia, New Zealand continues to experience heaps strong population growth, largely due to a mean boom in student visas (albeit on much a smaller scale).

Seasonally adjusted permanent and long-term migration figures showed another hard out net gain of 6,100 migrants in February 2016, the same as the mint result recorded in January.

And I think that’s enough of the underwhelming attempt at slang.

Read the full article here

It will cost half a million dollars to send a child born in 2016 to an Australian private school

There’s no doubt that every parent wants to give their child the best education, but according to an article from Business Insider Australia, the cost of privet education has just hit new and excruciating heights.

If you have a child this year and you intend on sending them to a private high school, you better start saving.

According the latest Planning for Education Index, released by the Australian Scholarships Group (ASG), it will cost parents a whopping $468,397.

The index, which is based on the responses of 12,500 families from across the country, calculated the costs based on location, school fees, transport, uniforms, computers, school excursions and sports, is created as a guide for parents to plan for how much they will need to save for schooling across all sectors including public, private and religious.

See the full break down here.


Click here for the full article

Agent rating sites ‘a massive trap’ for sellers: Baldwin

It would seem that almost everything we do these days is online – shopping, catching up on the latest headlines even dating.

But according to the latest article in realestatebusiness.com.au the new trend in online ‘real estate ratings’ can be much more harmful than useful.

Certified Practising Real Estate Agent (CPREA) chairman Geoff Baldwin has warned that the multitude of agent rating and referral sites can be a “massive trap” for property sellers and can cost them dearly.

According to Mr Baldwin, while these sites assert that they honestly rate real estate agents in each suburb by their performance in the marketplace and a number of other criteria, sellers should be aware that there are other factors that can influence their rankings.

“Firstly, almost all of these sites are charging agents for the privilege, either through a regular monthly fee or via a significant slice of the commission being paid by the seller to the agent, often without the full knowledge of the seller,” he said.

“It is quite possible, even likely, that the top agents in an area or town simply don’t use the services of these sites, which means that the public is often in danger of being misled.”

Click here for the full article

Weekend Videos: Happy Easter

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Michael is a director of Metropole Property Strategists who create wealth for their clients through independent, unbiased property advice and advocacy. He's been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au

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