Make sure to ‘die with zero’ for optimal happiness – that’s the idea behind Bill Perkins book – Die with Zero. In short, Perkins wants to rescue you from over-saving and under-living. So let’s dive into a challenging yet enlightening perspective on retirement, personal finance, and life priorities, inspired by Simon Kuestenmacher’s article in The…
Articles by Michael Yardney
Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.
Over the last ten years, changes in Australia may have seemed gradual, but they’re shaping the nation our children will inherit. Recently Australia’s leading demographer, Simon Kuestenmacher, wrote a series of articles for The New Daily delving into what these shifts mean for our future. So let’s look at some of his thoughts… The Millenial…
2024 is shaping up to be an extraordinary year for established “family-friendly” apartments (what many of us call “flats”) in Melbourne. These aren’t your run-of-the-mill units; we’re talking about properties that exude unique charm, offer generous space for comfortable living, and are nestled in neighbourhoods where heritage protections ensure the preservation of character. These factors…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates really peaked now and when will they start coming down or will the RBA raise rates again in 2024? Will affordability issues cause a round of distressed sales and prices to fall or even a property market crash in…
You’d have to be living under a rock not to know that apartments have underperformed houses in the last decade or so, so today I explore the reasons behind this trend, its implications for investors, and what future trends we might anticipate with independent financial advisor, Stuart Wemyss. We also discuss what criteria you should…
Want to know where interest rates are heading? You may not like the news | Property Insiders [Video]
Most property investors would give their second garage to know what’s going to happen to interest rates, wouldn’t they? While earlier this year many commentators thought interest rates would fall by the middle of the year, now the narrative is that interest rates will remain higher for longer than we had hoped. Even as wars…
What lies ahead for Australia in the next 10 years? Well, Simon Kuestenmacher highlighted a chart that is pivotal when forecasting the next ten years in Australia in his column in the New Daily. Its simplicity belies its significance in understanding our nation’s future housing demands and consumption shifts. It juxtaposed Australia’s current demographic profile…
I keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And the latest ANZ-Roy Morgan Consumer Confidence report shows it dropped 3.2pts to 80.3 this week to its lowest level so far this year. The index has now spent a record 64 straight weeks…
To help you understand what’s ahead and if our property markets are going to keep rising or going to slow down or even go backward, as some property pessimists are still suggesting, in today’s episode I want to outline the dynamics and the economics of Australia’s property markets and what causes property values to increase…
Despite the challenges of cost-of-living pressures and high-interest rates, property prices just keep rising. This trend is driven by a number of factors, including a chronic shortage of new homes at a time of strong population growth, high building costs, and a tight rental market, all of which boost housing demand. The shortage of new…