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.
Recently I was considering the concept of limited resource thinking. It is often the case that a business may be held back by the owners having limited resource thinking. What exactly does this mean? A business owner may think they are unable to grow or expand because they have limited resources. Those resources may refer…
![[PODCAST] Why You Should Ignore Most Property Data – Insights from Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-podcast-615_Stuart-Wemyss-02-270x200.jpg)
Today, we’re talking about property data. We’ve all heard the saying, “The numbers don’t lie,” but what if I told you that relying too much on property data could actually lead you astray? That’s exactly what my guest, Stuart Wemyss and I talk about today. If you’ve ever felt overwhelmed by the endless stream of…
All bets are off for a November RBA rate cut despite a drop in Australia’s annual inflation rate from 3.8 per cent to 2.8 per cent in the September quarter. The Consumer Price Index is now at the lowest level since the March quarter of 2021, and well below the peak of 7.8 per cent…
With inflation finally under control, the Reserve Bank now has no option but to cut interest rates. I’ll explain why this could lead to the biggest property market boom ever. When high population growth creates a shortage of housing and the purchasing power of property buyers increases, the inevitable result is a housing boom. These…
Lately, it seems like everyone’s pointing fingers at migrants for the mess we’re in with housing, but let’s be real—blaming newcomers is just an easy way out of facing the real issues. It’s easy to understand why: with headlines constantly highlighting record immigration numbers and skyrocketing house prices, it’s tempting to make a connection. However,…
Many property investors and homeowners are eagerly awaiting the day when interest rates begin to fall, hoping it will ease the burden of higher mortgage repayments and boost the property market. But if you’re expecting an imminent rate cut, you might want to reconsider your timeline. It seems that we could be waiting longer than…
Generation Alpha, born 2010-2024, is the first generation to be entirely born in the 21st century. This positions them uniquely as they face challenges distinct to their era. Unlike older generations, who did not encounter global events like the COVID-19 pandemic during their formative years, Generation Alpha’s experiences profoundly influenced their outlook on life. This…
Looking at buying your first investment property? Or maybe your next one? I’m sorry to say, but there’s no generic, one-size-fits-all approach to property investment. Residential real estate, as with any other investment vehicle, requires an individualistic approach. In other words, you must identify and address your own specific needs, goals, and circumstances in order…
Somebody said you have to love what you do, but that’s not necessarily true. What is true is that you have to love the opportunity. The opportunity to build a life, future, health, success and fortune. Knocking on someone’s door may not be something you love to do, but you love the opportunity of what might be behind…
![[Podcast] Forget Median Prices! Discover the Real Way to Gauge Housing Affordability with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-Podcast-614-Demographics_decoded-with_Simon_Kuestenmacher-270x200.jpg)
Today we’re going to talk about why medium prices may not be the best gauge for housing costs. Now, if you’re like most property investors or people interested in property, apart from auction results, medium prices are probably the most quoted statistic, but maybe they’re not the right way for you to judge how our…
