Today, we’re diving into a topic that’s making waves in the property market. I’m joined by Julie Toth, Chief Economist at PEXA, to discuss the findings of their 2023 Cash Purchases Report, which sheds light on a startling trend: over a quarter of residential properties in Australia’s eastern states were bought with cash in 2023….
I’ve often said that demographic changes will be more important in shaping our property markets in the medium to long term than the ups and downs of interest rates or the vagaries of our economy, so I’m pleased to have leading demographer Simon Kuestenmacher back on the show. Simon is a co-founder of The Demographics…
If you knew you would die in 10 years, what would you do today? When I read this question on the Internet a short while ago it made me think, because I recently turned 71 and it’s a realistic timeframe for me to consider. Everyone has seen the shorter-term versions of this question, like what…
Does everything happen for a reason? To be honest I’m not sure, but I know that when I changed my outlook on life and started looking for lessons from not only the fun things but also the unpleasant experiences in life, I became a different person. I became more positive and I functioned at my best….
Common wisdom seems to suggest that you should diversify your investments. But is this correct? In my opinion, it is wrong, in fact, I remember reading Napoleon Hill’s great book Think and Grow Rich many years ago where he also said that successful people specialise in one area they don’t diversify. On the other hand,…
In an unexpected turn in the Australian property market, Adelaide and Perth are now nearly as pricey as Melbourne for the first time in up to 15 years, according to recent data. According to the latest CoreLogic Home Value Index, Adelaide’s median dwelling price jumped to $734,173 in March, a 1.4% increase, while Perth’s median…
In today’s episode, I’m going to share two lessons with you. The first is five ways I’m going to ensure that my property investments outperform this cycle. Hopefully, I’ll be able to give you some ideas for your investments as well. Next, I’m going to share one thing you need to change to become a…
Recently one of my nephews, who has taken a keen interest in property investment, asked: What’s the worst advice you’ve ever been given on real estate investing and what’s the best advice you could give me? The worst advice I explained that the worst real estate investment advice I was given was that property investment…
I’ve often said that any problem money can solve isn’t a problem – it’s just a question of how motivated you are to find the funds and get it sorted. But there are lots of things that money can’t buy, and when we’re so focused on those dollar signs we can find ourselves missing out…
It’s going to be a busy week for most of us – a short week at work and lots to organise. So to help kick your week off, here’s 10 inspirational quotes from some of the masters of investment, business and personal development. 1. “In expert tennis, 80% of the points are won, while in…
