Today’s podcast initially started as a regular question and answer session with Ken Raiss where we answer your queries, but it ended up being a discussion on the role of property investors based on a comment made by a friend of Ken’s who said that “property investors are the scum of the earth feeding off…
How would you cope if interest rates rose a further 1%? Well according to the semi-annual RBA Financial Stability Review most Aussie households would manage to cope well. Of course, that’s against what the media is telling us about severe mortgage stress leading to Real Estate Armageddon You see… only around a third of households…
When you’re overly focused on the future and always want to accomplish more, it’s very difficult to be happy today. After all, it is never enough. I see many people who want more, who want to have a better life. And it’s not just more money or more properties. Some want more degrees or academic…
Many investors I know got started by reading one of Robert Kiyosaki’s books. I know I learned a lot from him. While his property investment concepts don’t necessarily translate well to Australia, there are many other financial lessons I learned from him years ago. I also enjoy reading Kiyosaki’s quotes. Here are some of my…
Property investment has lost its appeal for 45% of Queensland investors, according to the latest Property Investor Sentiment Survey by PIPA. The survey found many investors are selling up, and quite a few feel they are longer in control of their assets. I’m sure you’ll still find my chat with Nicola McDougall, Chair of the…
I always keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And recently consumer confidence fell 2.4pts to 82.2 and is now a large 24.8pts below the same week a year ago. In addition, consumer confidence is now 8.1pts below the 2022 weekly average…
One of the best parts of being involved in the property markets is that I’m continually learning. However, one of the things I’ve learned from history is that we don’t learn from history. How often have you heard people say this time is different when really it isn’t? Some things just don’t change. In today’s podcast, I…
Who do you ask for property investment advice? With so many mixed messages and vested interests, who can you really trust? And in today’s property markets, there are very few advisers who have the perspective of having lived through and successfully invested in several property cycles and understand how to take advantage of the current…
It’s been an interesting few weeks full of economic news which has led to a lot of uncertainty about the future of our economy and our property markets. If you’re a regular listener you’d know that once a month I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts when we…
We are now in the cooling-off adjustment phase of the property cycle. And if you believe most of what the media tells you, it’s all to do with interest rates. But I don’t agree. So, to help you understand what’s ahead for our property markets and why the markets won’t crash like some are suggesting,…