It seems as though there are always stories about the challenges of housing affordability in the media. And this seems to be dividing us into a nation of those who are property owners and those who believe property will always be unaffordable. During booming market conditions it was all about being priced out of 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. Visit Metropole.com.au
There were only 778 properties taken to auction across the combined capital cities this weekend, a few more than last weekend when 665 auctions were held, but considerably less than the 1,718 auctions conducted this time last year. The combined capital city preliminary auction clearance rate was recorded at 72.7% across 545 auction results reported…
The more you know about the most common mistakes that other property investors make, the better your likelihood of building lasting wealth. In this series of short videos, Brett Warren and I discuss the common mistakes we’ve seen investors make. Today we discuss every investor’s dream of “buying low and selling high” to maximise gain….
There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week. The weekend will be over before you know it, so enjoy some interesting reading. 6 key reasons why…
Australia’s official unemployment rate fell last month from 7.5 per cent to 6.8 per cent. The result surprised basically most economists, including those at Treasury and the Reserve Bank, who were expecting the unemployment rate to deteriorate again. So what happened? According to the Bureau of Statistics, the number of employed persons increased by 111,000…
How soon will the global economy recover from COVID-19, and in what shape will that occur? The OECD has slashed its forecast for Australian GDP growth in 2021, saying shutdowns associated with Victoria’s second wave of COVID-19 will drive a much weaker than expected rebound. In its latest economic outlook, the OECD upgraded its growth…
The media seems to love bad news more than it does good news. All over Australia we are bombarded with bad news, and nowhere is the more bad news more interested in my home city of Melbourne. But when we look back at the many bad news predictions about property made earlier this year by…
Read, enjoy and be inspired, even if you’re not a leader today because one day you will be. 1. “To add value to others, one must first value others.” – John Maxwell 3. “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you…
We all know that real estate is a long-term investment. So, what were the best-performing suburbs over the last couple of decades? They may not be the ones that you’d first think of. Today’s I chat with Bret Warren about what made certain suburbs outperform over the last couple of decades. I’m also going to…
Why were all those property pessimists wrong? In fact, why are they becoming more positive about property? Of course it wasn’t just the usual band of Negative Nellies making dire predictions of significant property price falls earlier this year, it was also some credible economists suggesting property values could fall by up to 20%. Yet…