What should you do in the current “interesting” property markets? Is it time to be fearful or is it the right time to be greedy? I know many investors are confused with the many mixed messages the media and many commentators are delivering. On the one hand, the property market bottomed early this year…
Another bank has changed its housing forecast. ANZ Bank now expects housing prices in Australia to rise 5-6% in 2023. In 2024, they expect growth to slow to around 3%, reflecting rising unemployment and the lagged impact of past rate hikes as well as slower population growth. Then the ANZ expects housing prices to reaccelerate…
Today I’m going to share 5 ways I’m going to ensure my property investments outperform in this new property cycle. As we work our way through the second half of this year and the recovery phase of the property cycle, it’s typical to take a moment to reflect on the roller coaster ride of the…
I believe demographics are going to drive our property markets moving forward and that demographic changes, how many of us there are, how we want to live, and where we want to live are going to be more important over the long term than the short-term fluctuations caused by rising interest rates or government interference….
A policy that caps residential rents was always going to get headlines for politicians. Any suggestion to keep the cost-of-living down – now, will sound like a good idea in the current environment. But according to the REIV rent freezes and caps are a naive view of the wider economy. And I agree. Rising rents…
Wesptac Bank has recently upgraded its forecast for our housing market. Westpac now expects prices to rise 7% nationally in 2023 but the pace is expected to slow in 2024 as affordability becomes extremely stretched. Now that’s a turnaround because in April this year Westpac had forecast prices to track flat overall nationally this year, followed…
Today wealth-creation expert Tom Corley joins me to share valuable insights into the habits and strategies that distinguish wealthy people. We’ll debunk common misconceptions about the rich, such as they don’t pay their fair share of taxes or they are uncharitable. We’re going to dive deep into his findings about these seven common money myths…
If there’s one question I’m asked almost as much as which property should I buy, it’s this one: How long before I become rich? It’s human nature to want to discover the secrets of other people’s success. It’s also human nature to wonder, in the midst of all the hard work, how much longer you’ve got…
The halfway mark of a calendar year is a good time to take stock of what’s happened during the first six months of the year. Learning from the past is a key habit in helping us to navigate the financial challenges we’ll certainly face in the future. It’s only by internalising these lessons that the…
One of the most influential books I read in the 1990’s was Stephen Covey’s ‘The Seven Habits of Highly Effective People.” It’s a classic and a classic for a reason. The seven habits are really powerful things to build into your life. In a way, they’re just common sense. Like “begin with the end in…
