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.
Every now and then, a set of statistics comes along that appears to be about one thing, but actually tells us something much bigger. The latest Australian Bureau of Statistics figures on marriages and divorces might seem relevant only to couples planning a wedding or navigating a separation. But if you look beyond the headline…
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What if the greatest threat to your property investment success isn’t choosing the wrong suburb, paying too much or getting your timing wrong? What if it’s your inability to remain disciplined when the headlines become frightening, the forecasts turn gloomy and everyone around you starts questioning whether property is still a good investment? Over the…
There is a dangerous tendency in Australia’s housing debate to assume that anything that makes life harder for property investors must automatically make life easier for first-home buyers and tenants. It’s a good political argument that sounds appealing, particularly when housing affordability is such an emotional issue, but housing markets don’t work in isolation. Investors,…
Buying a property can be exciting, but it can also be stressful, even when market conditions favour buyers. At present, many Australian property markets are experiencing softer conditions, stock levels are healthier and there is less competition than we have seen in recent years. On the surface, that may make buying seem easier. However, having…
When I was about six or seven I wanted to play the drums. My parents went out and bought me a small snare drum along with a pair of drumsticks and brushes (I still can’t use brushes, but that’s another story). I remember the day my father brought the drum home, it was shiny silver…
Australia’s housing market has entered a new phase, and the consequences are likely to extend well beyond homeowners watching the estimated value of their property decline. According to a new NAB Economics report, national dwelling prices are expected to fall by around 7% from peak to trough, following growth of 8.8% during 2025. NAB forecasts…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
Did baby boomers become wealthy because they were better investors, or were they simply born at the right time? It is a confronting question, because millions of Australians who bought property, invested in shares and contributed to superannuation over the past 40 years enjoyed one of the strongest financial tailwinds in modern history. From the…
Overnight success is very rare. Success takes a long time. In my Rich Habits research, I learned there were three traits that were common among all successful people. Trait #1 Laser Focus Laser Focus is the ability to concentrate for long hours at a time. It is also the ability to quickly pivot and shift to…
Everyone says they want housing to be more affordable. Politicians campaign on it, journalists write about it, and young Australians desperately need it. But after watching our housing markets for over five decades, I’ve come to believe that most of the people saying it don’t actually mean it – at least not when they understand…
