![[Podcast] Governments passing the buck for the housing crisis, blaming property investors, with Nicola McDougall](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/07/MY-podcast-581-Rental_crisis-Nicola-McDougall-1-270x200.jpg)
For years, the dream of homeownership has seemed increasingly out of reach for many. But what of those who can’t even afford to rent Social Housing? Waiting lists are overflowing and the number of available dwellings just needs to catch up. Today Nicola McDougall, chair of the Property Investment Professionals of Australia (PIPA) joins me…
![[Podcast] Property Investors are Fleeing the Melbourne Market, with Mike Mortlock](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-Podcast-580_Investors-exiting-the-market-with-Mike-Mortlock-270x200.jpg)
Today, I look into an issue that’s causing ripples across the Victorian rental market and beyond. It’s the exodus of landlords. Joining me today is Mike Mortlock, Managing Director of MCG Quantity Surveyors, who recently wrote a detailed report about this. Not surprisingly, the problem isn’t just confined to Victoria. In general, many property investors…
Be careful – observing the change in median property prices may not be as useful as you think. So here are the main things you need to understand before you draw any conclusions from the regularly reported changes in median prices. How is the median house price calculated? The median house price is essentially the…
The new year is a neatly appropriate time to start something great. Of course, no greatness comes without hard work, so why not set up your mind and take a look at some wise hard work motivational quotes for work? These quotes have helped many and they will definitely lighten up your mood and direct…
There will be a 21 per cent jump in the number of millionaires in Australia over the next four years, mirroring a trend in developed and developing nations, according to the latest UBS Global Wealth Report. The number of adults worth $US1 million ($1.48 million) or more is expected to grow in 52 out of…
![An Idiots Guide To Drinking Coffee [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
If you’re like me you enjoy your coffee first thing in the morning. But maybe that’s not such a good thing! Science has figured out how to drink coffee for maximum benefit, and chances are you’re doing it all wrong according to this infographic from Art of Wellbeing Coffee is no longer understood to be generally…
Do you enjoy your coffee? I know I do, so I was pleased to read that moderate coffee consumption is linked to both mental and physical health. A study published in The British Medical Journal (Poole et al., 2017) shows that moderate coffee intake reduced depression risk and lower levels of Parkinson’s and dementia. I knew I was…
There are 11.1 million dwellings in Australia with a total value of around $10.3 trillion and at any time there are over one hundred thousand properties for sale. And now that the markets have moved to the next phase of the property cycle, strategic investors are back in the market actively purchasing properties knowing the…
![[Podcast] Only 4% of poor people become rich, why is it so hard? With Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-579-poor_become_rich-Tom_Corley-270x200.jpg)
Today we’re going to dive into the world of wealth creation and breaking the cycle of poverty. Joining me is Tom Corley, who’s dedicated his career to understanding the behaviours that separate the rich and the poor. According to Tom’s research, only 4% of people born into poverty become rich. Now, that’s a shocking statistic….
The size of the average new owner-occupier mortgage in Australia has hit a record high, as borrowers sign up for bigger debts than ever before. ABS lending indicator data for the month of May, shows the average new owner-occupier mortgage clocked in at $626,055, the highest level in ABS records. This is despite the fact…
