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.
Before COVID-19, Australia had a steady flow of about 235,000 people coming in each year. But when the pandemic hit, they closed their borders, and almost no one came or left for two years. If the pandemic hadn’t happened, we would have had about 470,000 people moving in during those two years. In February 2022,…
Believe it or not…being wealthy is a choice. I’m not sure when I first really understood this, but when I got” it, it made a big difference to me. I probably read it first in a Robert Kiyosaki book. However, I do remember thinking – “That can’t be true. It’s not that simple. You can’t…
Overseas migration is frequently being called out as one of the primary factors influencing the housing market. In the face of high-interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. National home values have increased 7.2% in…
Location, location, location! I’m sure you’ve heard about the importance of location. In fact, you’ve probably heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. During the recent property boom, any and every property sold, but we’re now seeing a flight to quality…
Commentators often refer to the price of property relative to household incomes. For example, it is estimated that property in Melbourne and Sydney now costs more than 10 times the median household income. But is this really a meaningful measure if it is, property cannot continue to grow at a faster rate than incomes (a…
Generation Z (born between 1995 and 2009) were shaped in their formative years by the rise of digitalisation, and more recently, the behavioural shifts caused by a worldwide pandemic. There are currently almost 5 million Gen Z in Australia, comprising 19% of the national population. As they continue to enter the workforce over the next…
You’ve heard the story about the goose that laid the golden eggs, haven’t you? I believe it was an Aesop’s fable. Well, imagine that you can go to a store and say: “I’d like to buy a goose that lays an egg please. One that will pay me a 10% return on its purchase price.”…
Here are a dozen powerful quotes from highly successful people to give your productivity a kick-start this week. Please add your favourite quote in the comments section below: 1. “Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” – Francis Of Assisi 3. “Obstacles are those frightful things…
If you’re looking to get into property or move up to the next rung of the property ladder, here are some words of advice. Property investment is simple, but not easy, and that’s not a play on words. It’s not something you should enter into lightly, but for some reason, that’s what a lot of…
Engineers know that for a building to remain structurally sound for many decades it must have strong foundations. It doesn’t matter how good a building is above the ground, if the foundations are substandard, the building won’t last. The same is true for building wealth. There are several foundational matters that investors must optimise before…
