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,…
Our property markets couldn’t look more different from this time last year if they tried. Gone are the frenzied buyers gripped by FOMO, housing markets where prices rose by $1200 a day, and auctions that routinely finished millions of dollars over their reserve. Last year’s scenario of never-ending price rises has been replaced by rapid-fire…
Today we discuss how long (and why) it takes a property investor to become financially independent. You may not like the answer. This is part of a series of How to Avoid the Common Investor Mistakes videos, so that you won’t make the same errors in the beginning investors to. Watch as we explain: It…
Australia’s annual inflation rate eased to 6.8 per cent in August, after peaking at seven per cent in July. The ABS released its first monthly inflation indicator, which was a media release with some limited information for July and August ahead of the full first release for the indicator alongside the Q3 CPI on 26…
It’s been an interesting month full of economic news. Recently the latest US inflation figures spooked the markets as there was no sign that underlying inflation is abating. Then back home, Reserve Bank Governor Philip Lowe warned that a deteriorating global economy would make it hard for Australia to achieve a “soft landing” due to…
I keep careful track of consumer confidence because it’s a good indicator of what’s ahead for our economy and property markets. And currently, consumer confidence is up by 1.8pts to 87.8 – the highest in nearly four months since late May this year. This increase has mainly been driven by improving sentiment in regard to…
With so many mixed messages currently surrounding property I thought I should give you some insights based on my close to 5 decades of experience in property and having built what some would suggest is a very substantial property portfolio. According to our big banks, Australians must brace for the worst housing correction on record…