Many years ago, I hit the wall financially. I’d over-extended with multiple property projects, my employer was going broke, and I’d had to accept a 50% pay cut. Stressful doesn’t begin the describe the world I was in. A divorce soon followed, and things went from bad to diabolical. But I learned some valuable (and…
Many factors have been blamed for the booming property market in Sydney and Melbourne. Of course foreign investors have been one of the factors but now multimillionaire foreign migrants are being blamed. Recently the Australian reported that more than 11,000 “migrant millionaires” helped fuel the Sydney and Melbourne property markets last year. Australia is now…