Airbnb has revolutionised the short-stay industry. Launched in 2008, it now eclipses the world’s biggest hotel chains. In Australia alone there are about 100,000 listed properties. But in dealing with both a digital platform and a private owner (or “host”, in Airbnb-speak), your legal rights as a renter (or “guest”) can be unclear – at…
There is a saying that success breeds success and this is no different for property investors. The vast majority of successful investors that I have met over my many years in the industry have shared many traits and commonalities. They all also share a desire to provide a better life for themselves and their families…
We know inflation is coming under control, but it’s happening much more slowly than the Reserve Bank would like. And part of the reason for this is that it’s fighting an uphill battle with demographics according to leading demographer Simon Kuestenmacher. Today I’m going to chat with Simon and ask him to shed light on…
One of the biggest fears people have in their lives is failure. Afraid they won’t succeed if they try something new. Fear that they might never “make it” doing what they are passionate about. Fear that keeps them from following their heart Since life is too short to let fear make big decisions for you….
In today’s show I tackle a question that’s been looming large in many conversations – should we be fearful or greedy about entering the Australian property market right now? With the property market showing signs of both opportunities and risks, it’s a challenging landscape to navigate for both seasoned investors and newcomers. These contradictory sentiments…
We all know that we shouldn’t allow our emotions to rule when making property decisions. But let’s be honest… It’s hard not to let your heart rule your head when buying your investment property, and even harder when buying a home That “gut feel” isn’t usually perspective- it’s often fear or excitement. A while…
In today’s question-and-answer episode, I chat with Ken Raiss, director of Metropole Wealth Advisory, who shares his knowledge of property and wealth management. We’re going to discuss three of your questions about how to help your children into property, including questions about how to stop your children from squandering their inheritance and what happens to…
High property prices, escalating construction costs, and rapidly rising interest rates have pushed Australia’s housing affordability to the worst level in over 30 years, according to a new PropTrack report. The PropTrack Housing Affordability Index shows that in 2023 households across the income distribution could afford the smallest share of homes since 1995, when records…
The nation’s biggest home lender, Commonwealth Bank (CBA) has upgraded its house price forecasts aligning with the optimistic outlook shared by the other big banks. Only a few months ago in May, the CBA revised its original forecast that home values would fall 6 per cent this year, instead suggesting that prices will gain 3…
An estimated $2.6 trillion will be passed from Baby Boomers to the next generations in the 20 years to 2040 according to Philanthropy Australia. Families in Australia’s top suburbs for inheritances will hand down more than $3.3 million on average from one generation to the next, with children in Sydney’s harbourside regions edging those in…