Being Hopeful is a Common Trait Among Self-Made Millionaires. Feeling Hopeless is a Common Trait of the Poor One common denominator that kept many of the 177 self-made millionaires in my Rich Habit study pushing their ball up their hill, particularly the Dreamer-Entrepreneur millionaires, was hope. Without hope, all desire and motivation are lost. You…
It’s no secret that parking can add value to a property. But rising population density is now making the humble parking space a sought-after feature. In his recent column in Switzer, John McGrath examines what people have been willing to pay to park their cars. This is a question that will never have a definitive…
Potential sellers are often told that spring is the best time to sell their property and at first, this seems a no-brainer. The weather is warming up, gardens look their flowering best and buyers are returning to the property market in droves after hibernating during the long cold winter. Sellers are also frequently warned that…
When was the last time you calculated your net worth? In my mind, it’s an important part of building your wealth, because without knowing your net wealth position it’s a bit like steering a ship without a compass. You don’t really know where you are along the journey. Calculating your net worth is like taking…
According to my Rich Habits Study data, finding a career success mentor in life was the fast track to success. Career success mentors teach you what to do and what not to do, what works and what doesn’t work. They teach you the career habits that will help you succeed and they forewarn you about…
Right now, human population growth is doing something long thought impossible – it’s wavering. It’s now possible global population could peak much earlier than expected, topping 10 billion in the 2060s. Then, it would begin to fall. In wealthier countries, it’s already happening. Japan’s population is falling sharply, with a net loss of 100 people…
Our recent research on Australia’s future demographic shape helps to pinpoint an imbalance between the type of housing that is being built and what our key buying groups want and can afford. 6 district buyer segments in our market Young renters First home buyers Upgraders Downsizers Retirees The aged care market Our work suggests that…
Welcome to another episode of the Michael Yardney Podcast, and today we’re exploring a topic that affects us all: how the way we live has changed. My guest today, Lucinda Hartley, who has been named one of Australia’s 100 most influential women, is a serial founder, technology leader, leading expert in social trends shaping the…
Sydney is home to some of Australia’s (and even the world’s) most expensive properties. Its notoriously robust real estate market has remained impressively resilient, with property values defying predictions and steadily rising over the past 18 months. Sydney has led the current property upturn – prices started to rise in January 2023 at a time…
Just three weeks ago, Reserve Bank Governor Michele Bullock declared interest rate cuts unlikely in the next six months. But if there was any doubt about what was going to happen to global interest rates, the US Federal Reserve chair Jerome Powell removed it on Saturday. Before an audience of central bankers from around the…