Daily we see sombre images from conflict zones like Gaza, Ukraine, Haiti and along the Coup Corridor in Africa. These evoke a mix of compassion and concern. For many, the sight of fellow humans fleeing from violence and upheaval provokes empathy, yet it also sparks apprehension, particularly among residents of affluent and much more secure…
Look what’s happened to property prices!
Knowing what you know now, who wouldn’t have liked to buy their parent’s house for what your parents paid years ago?
Are you looking at buying your first home in Australia in 2024? It can be exciting, terrifying, daunting, frustrating, and expensive – all at the same time! Property markets are strengthening by the day, with prices in most states close to or surpassing their COVID-19 pandemic peaks. While the strengthening market and climbing property prices…
On today’s episode, I chat with Brett Warren about asking the right questions before buying that next property because doing that can make all the difference between a profitable venture and a costly mistake. I’m sure you’ve heard me say before that property investment is a process, not an event, and the property that you’re…
Foreign cash flowing into Australian homes has surged by an additional $400 million, according to new figures, solidifying Queensland as the new hot spot for overseas investors. Data from the Foreign Investment Review Board (FIRB) for the October to December 2023 quarter shows 1,580 residential real estate investment proposals worth $1.9 billion were approved. The…
When will we reach peak humanity? When will the largest number of people ever walk on planet Earth? And what does it actually mean for Australia? Firstly, the simple question is where do we get that population projection from? The most famous big-picture global population projection figures come from the United Nations population division. They…
Australians are going without everything from prosecco to private health insurance as cost of living pressures persist, according to new research by Finder. Their survey of 1,012 respondents revealed more than 1 in 2 (54%) – equivalent to more than 11 million people – admit the cost of living has had a negative impact on…
“Our greatest glory is not in never falling, but in rising every time we fall.” -Confucius As children, we are programmed to believe that failure is bad. If you fail a test, it negatively impacts your grade for the course. Fail enough tests and teachers start calling parents. Parents then yell at their children to…
Demographics will drive our destiny and that’s why it’s important for property investors and business owners to understand the changing demographic trends, including population forecasts. I recently attended a great webinar by demographers Informed Decisions – id.com.au Here are some of the takeaways from that session, but you can register to watch the full webinar…
Not that long ago there were two Australias. The Haves and The Have Nots. Tall Poppies and the Rest of Us. But now there appear to be three Australias. 1. Tenants There are roughly one-third of Australians who are tenants suffering from double-digit rental increases, while at the same time experiencing sharp falls in real…