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.
Amongst the myriad property statistics available these days is one that sometimes is given too much attention if you ask me. I’m talking about median prices, which on a good day, can show property investors which suburbs they can likely afford to buy into. However, on a bad day, some people think they’ve made big…
Buying a property can be a real thrill. Walking through open homes, signing yourself up to a significant loan, becoming a landlord – it’s enough to get even seasoned investors a little giddy with the excitement of it all. Then… then the property just sits. And waits. Every now and then you check in and…
Happiness is a human construct, an abstract idea with no biological basis. But this is something to be happy about. The huge happiness and positive thinking industry, estimated to be worth US$11 billion a year, has helped to create the fantasy that happiness is a realistic goal. Chasing the happiness dream is a very American…
Freshly baked cookies on the counter to create a warm family feel… A fruit bowl filled with lemons and limes to draw attention to the chic bar set-up… Even a staged bottle of champagne on the balcony to show you how you could be living in the lap of luxury. These are just some of…
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With property values rising for 15 months in a row and talk of interest rate cuts on the horizon, is the Australian property market gearing up for a new boom in property prices this year? Well, there are clues in the news as to what’s ahead, which I’m going to discuss in this month’s Big…
Here’s something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May 2022. On each occasion, its rationale was that by making borrowing more expensive, it would…
I spent many years studying the rich and the poor in my Rich Habits Study and found that there were twelve problems almost everyone has to contend with in life: Health Problems Financial Problems Family Problems Neighbor Problems Home Repair Problems Car Problems Addiction Problems Job Problems Relationship Problems Death or Disability Problems Time Management…
When you think about the word “free” what does it mean to you? For some people, it means the freedom to do whatever they want — whether that’s financial freedom or having no ties so you can travel the world. For others, “free” means something that costs you no money. But, of course, nothing in…
Running a country as vast as Australia is no easy feat. To keep things streamlined, we’ve established three tiers of government – a clever distribution of power ensuring that no single entity holds all the reins. It’s a system where responsibilities are smartly delegated: think waste management at the local level, healthcare at the state…
Moving or upsizing to a bigger house is a significant financial decision. Perhaps you feel too cramped where you are, have received a financial windfall, or simply have itchy feet; it might be tempting to buy a bigger house. But bigger properties come with higher costs, and it’s not just the higher mortgage repayments. Before…
