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.
I just finished reading an article complaining about the rich. The author was upset at the fact that 1% controlled 82% of the wealth in the world. In the author’s mind, there was something inherently unfair about this. The author, like many who are not in the 1%, felt that the wealth the 1% created…
The hopes for a December rate cut were slim leading into today’s meeting, with financial markets giving just a 6% chance of a rate cut in December. That’s not surprising given the rise in the monthly inflation indicator through October to 3.5%, alongside ongoing tightness in labour markets, where the unemployment rate has held around…
Over the years I’ve learned to challenge my audiences to turn their response to the ideas and information they receive into results. According to the Christian story, the first couple, Adam and Eve, was instructed to be fruitful – produce some results. Fruitful is kind of an interesting word; it denotes abundance. Here’s what I…
![[PODCAST] Homeownership Dreams on Hold: What’s Really Stopping Younger Generations? With Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/12/621-Why_young_people_are_putting_off_home_ownership_will_later_in_life-with_Simon_Kuestenmacher-270x200.jpg)
Today Simon Kuestenmacher and I explore why young Australians are increasingly delaying their dreams of homeownership. We’ve all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you’ll hear, there’s more to the story than just affordability. Sure, property prices present a significant barrier, but we also examine lifestyle changes,…
2024 has been quite the year for property. From interest rates remaining higher for longer than most of us would have liked to strong population growth and continued supply issues, the market has thrown us both challenges and opportunities. But overall, the markets have shown their resilience, with property values being higher in most locations…
Property investors and homeowners around Australia are eagerly waiting for the day when the Reserve Bank of Australia (RBA) decides to lower interest rates again, in the hope that lower rates will go some way to ease the burden of higher mortgage repayments and strained affordability. With the official interest rate paused throughout 2024, holding…
As we close the chapter on 2024, it’s clear that Australia’s property market has showcased remarkable resilience amid economic uncertainty. Despite ongoing challenges like rising living costs, affordability pressures, and stubbornly high interest rates, the property markets have defied expectations. Domain’s 2024 End-of-Year Wrap and 2025 Outlook provides an in-depth look at the forces shaping…
This Christmas, many Australians won’t just be decorating their homes—they’ll be struggling to keep them. New research commissioned by Master Builders Australia, reveals the staggering depth of Australia’s worsening housing crisis. Among 1,600 voters surveyed, 90% believe it’s difficult to afford to buy or rent property, while 85% agree there is a shortage of housing….
Without always knowing it, property investors are pre-programmed with a range of biases that may cause them to interpret information incorrectly and thus undertake sub-optimal investment decisions. Let’s discuss 9 of the key biases that Australian property investors must overcome… 1. Hindsight bias How many know-it-all commentators now confidently proclaim that the financial crisis and…
Bad habits impair your brain. You can tell when your habits are impairing your brain. This impairment manifests itself in bad choices, poor memory, lack of willpower, trouble sleeping, feeling lethargic during the day, uncontrolled anger, depression, poor health, and strained relationships. But, not to worry, I’m here to help. I’ve spent the past thirteen…
