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.
How are our housing markets going to finish the year? To many people’s surprise, despite higher mortgage rates and generally poor market sentiment, our property markets have performed well this year. After a rocky 2022, many “experts” anticipated home prices to drop further this year, but in early 2023 the market reset and prices have gone…
The dreaded “Not In My Backyard” reaction of homeowners who have the temerity to object to neighbourhood changes they never voted for (or were even asked about) is reaching plague proportions if you believe what some urban designers and planners are saying. This scourge of the NIMBY is threatening the progressive development of cities, they’ll…
What does Australia’s surging population mean for our housing markets? It’s old news now…Australia is experiencing a population boom due to increased migration. But this is creating a serious problem…With very few available homes and rising costs, can we accommodate everyone? According to the Australian Bureau of Statistics (ABS), in 2022 the population grew by…
![[Podcast] The Silent Art of Negotiation: Understanding Body Language with Allan Pease](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/10/The-Silent-Art-of-Negotiation_Understanding-Body-Language-with-Allan-Pease-270x200.jpg)
We’re living in a world where words often fail us, where what’s unspoken sometimes matters more than what’s said. In the intricate dance of business and negotiation, understanding body language can be an exceptional advantage. It can help you read situations accurately, handle conflicts effectively, and build genuine relationships. My guest today is Allan Pease,…
With the nation feeling the pressures of a housing crisis, some believe the Australian government needs to ease housing demand by limiting international migration. To others, this sentiment comes across as xenophobic. They dismiss it outright, based on moral grounds. How can a nation of settlers, built on unceded Indigenous land, contemplate the notion of…
Those who know how to manage money make it their slave. Those who do not, become its slave. In my research, I discovered specific money habits of the rich that they used to accumulate enormous wealth. Put Money to Work Accumulating money is good but it will not make you rich. You must put money…
The Victorian government will expand its vacant residential land tax to the entire state from 2025 as part of its plan to ignite construction and tackle the housing supply shortage. The tax is charged at 1% of the total value of the property and is currently only applied to existing residential properties located in the…
Are you looking to get into property investment, or maybe you’re keen to add to your existing property portfolio? With all the mixed messages in the media many Aussies are wondering “should I buy, should I sell, should I hold”? Well, maybe you should buy an investment property… But maybe you shouldn’t. Fact is, I’ve…
Is your mortgage stressing you out? Well, you’re definitely not alone. According to Finder’s Housing Market Report: Navigating Refinancing in 2023, with home loans at their most expensive in the last 11 years, Aussie mortgage payers have reached a breaking point. In fact, data from the research unveils that 62% of those who are planning…
I don’t know about you, but I am losing count as to how many new homes the federal government is promising to build over the next five years. At the time of writing, it is up to 1.2 million – or 240,000 per annum – between 2024 and 2029. The Albanese government will give the…
