Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
Want to know a major influence on our housing markets for the next few decades? Well…. I believe that demographics drives our property markets and understanding the various life stages is critical to becoming a successful property investor. However leading demographer Bernard Salt suggests that it’s all changing! Gone are the days when transitioning into…
I’m going to get a little philosophical here. Bear with me. There’s an important point I’m trying to make. There are two opposing schools of thought that divide mankind. School of Thought #1: Self-Determination Drives Life Circumstances School of Thought #2: Predetermination Drives Life Circumstances Those who subscribe to School of Thought #1 believe we…
Purchasing your first home is an important decision with far-reaching implications. You’ll be significantly better off financially if you make the right choice. However, if you mess it up and buy the wrong property, you could be worse off both financially and from a lifestyle perspective. Many parents have learnt a lot from their experiences,…
Nothing excites law students like the idea of a free house. Or alternatively, enrages them. It depends on their politics. As a result, academics condemned to teaching property law find it hard to resist the “doctrine of adverse possession”. The fact that a person can change the locks on someone else’s house, wait 12 years,…
Would you be surprised if I told you that making millions, or even being a ‘savvy saver’, has more to do with your attitude towards money than how much you make or spend? Those who become wealthy possess certain characteristics that influence their relationship with money. They are more frugal and less inclined to waste…
I was watching former US President Barack Obama speak at a global event the other week, and I was struck by how charismatic he was. Whatever you think of the Obama administration’s time in office, there’s no getting past his mastery of language and the stage presence he possesses. Some people have this in spades,…
Most successful people you’ve heard of have been faced with adversity – often, that’s what led to their victory. So let’s get inspired by these quotes from some of the world’s most successful people… “Once you choose hope, anything’s possible.” — Christopher Reeve “You must expect great things of yourself before you can do them.”…
Do you know how many people own more than one investment property in Australia? Trust me – the answer will surprise you! You see, while there are just over two million investors in Australia, about 75 per cent of them own just one investment property. Only about 18 per cent own two, which rapidly drops…
Australia’s acute shortage of skilled trades is beginning to ease, thanks to a slowdown in new home construction. The Housing Industry Association (HIA) Trades Availability Index registered -0.58 in the first quarter of 2024, improving from -0.64 at the end of 2023. This welcome change marks the least severe shortage of skilled trades in nearly…
In her recent address in Hobart, Reserve Bank Assistant Governor Hunter stated that the home building industry is facing a ‘perfect storm,’ as noted by HIA Senior Economist, Matt King. “New home building is plagued by a structural undersupply of new greenfield and infill land, inefficiencies and delays in planning regimes, development approval processes, skilled…
