As a property investor it’s important to keep a careful eye on employment statistics . When people are confident about their employment prospects and their financial futures, they’re more likely to make significant purchases such as property. And if they’re not…property markets tend to stall. Just look at those states where jobs growth is poor…
Australian’s who spent up big on their credit cards over the holiday season are about to receive a nasty shock! RateCity analysis of RBA data shows Australians are estimated to have put a whopping $28.6 billion on their credit cards in December. This equates to a spend of $3,679 per cardholder in just one month….
What lessons can a smart property investor learn from past cycles? With our property markets now at a more mature stage of the cycle, it seems appropriate to reflect back on previous cycles to look at some of the lessons. It would be a pity to have lived through challenging times in property without learning some lessons…
