Every now and then in life, we find ourselves nodding along, agreeing with decisions, following plans, or chasing goals that – if we’re brutally honest – we don’t actually want. Not because we’re weak. Not because we’re confused. But because we assume everyone else wants it. That’s the Abilene Paradox in action – a strange…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
Most investors say they’re long-term investors. But then they check auction clearance rates every weekend, worry about the next interest rate decision, chase the latest hotspot, and get distracted by whatever the media says is working right now. And that’s a problem, because real wealth rarely comes from the investment that looks exciting today. It…
There is more conflicting information about property right now than at almost any point I can remember. Turn on the news and you will find someone warning that prices are about to fall. Scroll a little further and you will find someone else forecasting another year of growth. Somewhere in the middle of all that…
Today’s podcast is a little different as it is a replay of a discussion I had with Joey D’Agata on the Property Strategy Podcast about the evolution of my investment philosophy and the lessons learned over the five decades I’ve been involved in property. We explored my investment philosophy and how my thinking has evolved…
Turn on the news or check out social media morning and you’d be forgiven for thinking the property market is on borrowed time. Interest rates, housing affordability, cost of living pressures, geopolitical tensions and now the budget change – the list of worries seems to grow faster than property values. Yet, after watching markets move…
For years, we’ve been told that property investors are the big winners when it comes to tax breaks. I’m sure you’ve heard the narrative: investors get negative gearing, capital gains tax discounts and all sorts of incentives that ordinary Australians don’t receive. But when you step back and look at the numbers objectively, that story…
Most Australians think short term. They’re wondering what they’ll do this weekend, what’s for dinner, or how to stretch the next pay cheque. And most beginning property investors aren’t much different. They obsess over today’s interest rate rise, this week’s media headline, or whether their investment property will be cash flow positive right now. But…
Turn on the news or scroll through your feed and you’ll see the same pattern playing out again. Confident forecasts, persuasive arguments, and a steady stream of opinions about where property markets, interest rates, and the economy are heading next. Some say prices will fall. Others insist we’re on the verge of the next upturn….
Australia seems obsessed with generational warfare. Baby boomers are accused of pulling up the ladder behind them. Millennials complain they’ve been locked out of the property market. Gen X feels forgotten. Gen Z believes they have inherited an impossible future. And politicians, commentators and social media influencers are only too happy to keep the argument…