Lately, it seems like everyone’s pointing fingers at migrants for the mess we’re in with housing, but let’s be real—blaming newcomers is just an easy way out of facing the real issues. It’s easy to understand why: with headlines constantly highlighting record immigration numbers and skyrocketing house prices, it’s tempting to make a connection. However,…
![[Podcast] Forget Median Prices! Discover the Real Way to Gauge Housing Affordability with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-Podcast-614-Demographics_decoded-with_Simon_Kuestenmacher-270x200.jpg)
Today we’re going to talk about why medium prices may not be the best gauge for housing costs. Now, if you’re like most property investors or people interested in property, apart from auction results, medium prices are probably the most quoted statistic, but maybe they’re not the right way for you to judge how our…
Victoria’s property market is undergoing significant changes aimed at stimulating buyer interest and addressing the housing supply shortfall. The Victorian government has introduced a temporary stamp duty concession for off-the-plan properties, effective October 21, 2024. The concession runs for a year and targets the state’s property market challenges. By reducing upfront costs, the Victorian government…
We are currently witnessing what could be described as the greatest wealth transfer in modern history. As the baby boomer generation begins to age, a massive amount of wealth is being transferred to the subsequent generations. Over the next decade, this generation, who rode a wave of economic prosperity for decades, is forecast to pass…
Australia’s economy has been undergoing a profound transformation over the last century, shifting from its traditional roots in agriculture and manufacturing to becoming a knowledge-based society. This shift has significantly altered the types of jobs available, the skills required, and even the locations where people choose to live and work. As we continue to navigate…
What would you tell yourself if you could go back in time and meet your younger self? What advice would you give yourself to make your future easier? Here are some of the things I tell the younger me. 1. Learn from your mistakes. Accept that you’ll make lots of mistakes along the way. They…
![[Podcast] What The Intelligent Investor Can Teach You About Thriving in Property Investment with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-613-Ken_Raiss-270x200.jpg)
Today, we’re diving into some timeless wisdom that has guided investors for decades, but with a twist—how these principles apply to property investment. Ken Raiss and I will explore Benjamin Graham’s teachings from his seminal book, The Intelligent Investor, a classic in the world of investing, often revered as the ultimate guide to building wealth….
This question is one of the most common questions I come across from beginner property investors. You see, in markets like we see today, investors, buyers, and even renters are waiting to find out whether they should take the plunge now or wait for prices to come down… or even crash entirely is some property…
![[Podcast] Believe it or not, the rich have 58% fewer problems, With Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-585-Tom_Corley-270x200.jpg)
In today’s show we discuss why the rich seem to have fewer problems and how, while money doesn’t necessarily buy happiness, it certainly can create less unhappiness. Together with Tom Corley, the co-author of my best-selling book Rich Habits Poor Habits, we challenge some common misconceptions and dig deep into why financial stability can alleviate…
For more than a decade, inflation seemed like a forgotten relic, with prices around the world staying comfortably low. Measured as the year-on-year change in the price of a basket of goods, inflation was so subdued that many investors stopped worrying about its impact on their money’s purchasing power. The slow creep of price increases…
