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.
Buying a property is one of the biggest transactions you’ll ever make. It’s one that you’ve probably saved and prepared for a long time and are eager to make happen. The problem is, among all the activity, buyers are unaware that scammers are out there, lurking and waiting. Real estate scams are commonly related to,…
Estimates suggest there will be 25 million of these by 2100. Take a guess what I’m talking about: Is it: electric vehicles, household robots, wild elephants, centenarians, or streaming services per household? Electric vehicles. There may be far more than 25 million – estimates suggest 145 million – on the road by 2030. Household robots….
![[Podcast] Is stopping immigration the secret to solving our housing nightmare? With Ken Raiss](https://propertyupdate.com.au/wp-content/uploads/2024/05/MY-Podcast-556-270x200.jpg)
Today’s show tackles a hot-button issue in Australia: housing affordability. With skyrocketing prices and rents, and a shortage of available homes, many are pointing the finger at immigration. What if we stopped immigration? Would this be the panacea to our housing crisis? Is stopping immigration really the answer? Ken Raiss, Director of Metropole Wealth Advisory,…
Amidst Australia’s historic two-year rate hike cycle, the property market has become a picture of resilience and decline, showcasing stark contrasts across cities, suburbs, and regions. A CoreLogic Australia analysis comparing the property market’s performance two years before and after the rate hike cycle reveals that home values across the nation have risen only 2.8%…
The Victorian government is tightening its grip on rental property standards in response to a significant increase in tenant complaints. This crackdown, led by Minister for Consumer Affairs, Gabrielle Williams, and Consumer Affairs Victoria director, Nicole Rich, reminds landlords of their legal responsibilities to provide safe and functional rental properties. “Every Victorian renter has the…
The price of Bitcoin has risen 64% in 2024 so far. That’s after rising 156% in 2023! Last week, a client brought to my attention that the CEO of the largest asset manager in the world, Blackrock, suggested that crypto is a good long-term store of value. He likened it to digital gold. This might all seem like…
Can we really blame the housing crisis to international students? The answer is no according to a report released by the Student Accommodation Council which suggests that international students are not the culprits behind Australia’s housing crisis. Representing merely four per cent of the rental market, their impact is minimal compared to other, more significant…
Real estate agents perform a valuable job for both buyers and sellers, but it’s their aim to find the most buyers for properties they have listed, so their descriptions can often be a little on the optimistic side. Here’s our guide to how agents may answer your questions, and the real meaning that could lie…
We’ve all heard stories of so-called overnight successes. Well, I’m here to tell you they’re a myth. But what about the people who win the lottery or inherit a large amount of money, you may ask? I don’t consider those people to be success stories. They’re certainly fortunate — and good luck to them — but there…
Downsizing to a smaller house can sometimes feel overwhelming, but at some stage in our lives, the pros will begin to outweigh the cons. After all, downsizing your home to a smaller one is a great opportunity to save money and free up both your time and property equity. And it could help unlock some…
