We all love a good mystery, but don’t usually expect to find one lurking in our property markets. What is the mystery all about? The riddle is about the number of listings, or rather the lack of them in our largest property markets. Listings are properties that are for sale, and when buyer demand falls,…
Many commentators hope that property market prices are on the rise again, but there’s a much more likely prospect in store for property investors, because rents are about to start rising dramatically. Property investors have two strings to our bow – cash flow and growth, and the recent media focus on prices has pushed cash…
We tend to think of ghost towns as places where all the residents have long since packed up and gone, but in China some huge cities have recently been completed – built entirely on the opposite premise, that people will arrive. One such new ghost city is Kangbashi, located on the barren steppes of Inner…
Will we have a mini boom later this year if Labor wins the election, as investors rush to buy established properties before the new tax rules take effect? Many commentators are predicting that investors will rush to buy established properties before the negative gearing and capital gains tax rules are changed if Labor wins the…
If it’s true that the best time to buy is at the bottom, then now might be a good time to buy Crypto currencies, especially Bitcoin, which has undergone a dramatic plunge in value over the last year. But will crypto prices fall further? Crypto currencies have lost more than $400 billion off their peak…
Did you know that there have only ever been three times in our history as a nation when Australian property prices suffered significant falls? They are shown in these graphs: Each of these price falls was precipitated by an economic crisis — there was the Great Depression in the thirties, the sixties Credit Squeeze and the…
Some experts tell us that property price booms are driven by low unemployment, high population increases and economic growth. They assure us that these conditions create buyer confidence which leads to increased demand for housing and price growth. History, however shows us that the housing market has sometimes performed at its best when unemployment…
Is there a product pushing culture in the financial services industry? The current sessions of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry are likely to uncover what most property investors have long suspected – that there is a product pushing sales culture within the financial planning industry which encourages…
We can expect a great deal of hype about the effect of the Commonwealth Games on the Gold Coast housing market. But to understand the longer lasting effects that such international events have on local property markets we need look no further than the Sydney 2000 experience. The site of the Olympic Games at Homebush…
Many experts and analysts are worried about the apparent oversupply of units in Sydney and Melbourne, but I predict that we are actually heading for an acute shortage of unit rental stock in those cities. Housing obeys the same laws of supply and demand as other commodities and while rental supply is about to decline,…