Want to know the number one secret that the wealthy use to become rich? I’ll share that in a minute, but first let me ask you…given a choice, which of the following would you prefer? One cent that doubles every day for 30 days, or $1,000,000 In my opinion, most people would likely choose $1,000,000….
Australia’s property market is facing a significant shift, with more and more investors opting to sell off their investment properties. The latest 2024 PIPA Annual Investor Sentiment Survey paints a concerning picture for the future of the rental market, with investors exiting faster than they are entering. Rising holding and compliance costs, combined with new…
If you’ve ever tried to make sense of the property market, you’ve likely found yourself staring at median house prices. It’s the statistic splashed across every news outlet, property report, and conversation around real estate. But while median prices are easy to grasp, they often fail to tell us what’s really happening on the ground,…
Australia’s property market has always been a complex puzzle, with different regions experiencing varying levels of growth, stability, and decline. Over the past year, we’ve seen this divergence become even more pronounced, with some markets booming while others have struggled. City Month Quarter Annual Total return Median value Sydney 0.3% 1.1% 5.6% 8.8% $1,174,867 Melbourne…
Today, I want to give you my thoughts on a topic that’s been dominating headlines and sparking debates across the country: housing affordability. It’s a subject that stirs up strong emotions, especially as the dream of home ownership seems to be slipping further out of reach for many Australians. But here’s the question that I…
In a recent move that signals a flexible but cautious approach, the Reserve Bank of Australia has kept the door open for potential interest rate cuts by year-end if economic conditions worsen. In its minutes for the September Board meeting, the RBA has also cautioned that it could raise rates again should inflation fail to…
Today is another of our popular question-and-answer shows where Ken Raiss, Brett Warren, and I answer a wide range of questions asked by the participants of a recent webinar. We answered questions about why the Melbourne property market is currently underperforming and when to expect it to turn around, there are a number of questions…
The great Australian dream of owning a home is slipping further out of reach for many, particularly those in the most common occupations. Recent reports paint a grim picture for teachers, nurses, and other essential workers, who now find themselves grappling with a housing market that’s increasingly beyond their financial reach. If you’ve been paying…
The debate around negative gearing is once again heating up, with a particular political party of a Green persuasion arguing that abolishing it could be the magic bullet to solve Australia’s housing affordability crisis and housing shortage. “Just slug greedy, rich property investors by reforming negative gearing and capital gains tax and it won’t increase…
When we talk about success, we often focus on hard work, talent, and determination. These are undeniably crucial elements, but as Warren Buffett, one of the most successful investors of all time, pointed out, there’s another factor that plays an equally important, if not more significant, role: luck. Buffett’s concept, which he famously refers to…