As Australia’s population soars, living or investing in strata complexes has become an increasingly popular option for people of all ages and walks of life. It’s estimated that at least 16% of Australia’s population lives in strata-titled properties, with this figure expected to continue growing rapidly in the coming years. While strata living continues to…
Finding the perfect rental property in Cyprus can be a challenging endeavor. This article aims to simplify your search by reviewing the top five marketplaces for rental properties on this beautiful island. We’ll explore each platform in depth, highlighting their pros and cons to help you make an informed decision. Remember to check out screenshots…
One of the most common quandaries every tenant and landlord finds themselves in is, “Who should foot the bill when it comes to repairs and maintenance?” As a tenant, you might be wondering, At what point should I stop fiddling with the wrench and call in a professional? Or as a landlord, you might be…
Reaping the rewards of tech revolutions, market booms, and more, the last decade has seen a remarkable increase in the global number of millionaires. In 2022, 1.1% of all of the world’s adults were millionaires, up from 0.6% in 2012. In today’s visualization, we dive into the world’s growing millionaire population using data from this year’s Global Wealth…
Construction is a $ 360 billion dollar industry in Australia. It’s what builds the homes we live in, the offices we work in, and the hospitals, schools and critical infrastructure that bind communities together. However, it has an Achilles heel: insolvency. According to data from the Australian Securities and Investments Commission (ASIC), 2,170 construction businesses…
![You’d never believe how these big tech companies started [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/technology-792180_1920-270x200.jpg)
I’m sure you’ve read that as many as 80 to 90% of new companies that start-up fail. And those that continue on many fail further down the track Rarely does a business take a straight run at success, and that includes the likes of Apple, Facebook, Samsung and their fellow tech giants. Yes, even geniuses…
![Global risk of housing bubbles deflates sharply [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/06/Booms-and-bubbles-270x200.jpg)
The global risk of housing bubbles has decreased sharply in 2023. A report released last week by Swiss bank UBS concludes that out of 25 cities surveyed, only two were at risk of a housing bubble this year, down from nine in both of the two previous reports. The data shows that even places known for…
Heritage conservation has been blamed for making the housing crisis worse by standing in the way of new, higher-density housing. But protecting heritage and increasing housing should be complementary objectives. Heritage suffers when not enjoyed by our growing communities. Housing suffers when not shaped by our communal heritage. YIMBYs and NIMBYs are usually on opposing…
You make decisions all the time. Most are small. However, some are really big: they have ramifications for years or even decades. In your final moments, you might well think back on these decisions — and some you may regret. Part of what makes big decisions so significant is how rare they are. You don’t…
Getting into a tizz about who is responsible for what at a rental property is a headache no one needs – and one many landlords and tenants experience. Misunderstandings about responsibilities for tasks around the property – from gardening to appliance repairs – are commonplace. If you’re wondering why a landlord insurance provider is talking…
