In many countries around the world, it seems like house prices have been constantly climbing. Houses fulfil a rare mix of necessity, utility, and sentimentality, and for many, also act as a primary investment to build wealth. And it’s that last angle, combined with increasing demand in many countries, that is driving housing prices skyward….
They say men are from Mars and women are from Venus, and it’s certainly true that when it comes to securing their financial future, the two sexes are worlds apart. While men seemingly have little difficulty pursuing wealth and success, societal norms and distorted perceptions often see women taking a backseat in this arena, to…
If you’re a tenant in the market for accommodation, good luck finding something to rent. And if you’re a home buyer or investor, by now you’d realise the market is on the move again. Today I chat with Dr Andrew Wilson, Australia’s leading housing economist and we discuss his thoughts about the Federal Budget and…
Demand for dwellings has seen an impressive lift in the past two months. Evidence of this can be seen through increases in the CoreLogic Home Value Index, higher auction clearance rates, and a rise in the number and value of housing finance commitments reported by the ABS. What will the impact of rising demand have…
Property investors are always looking for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can find potential boom areas before the growth starts. One well-tested way to do this is to find links between cause and effect, which is a process called correlation….
CBRE extrapolated in a report insight that Australia’s population will grow by around 4.43 million over the next decade, following a pause in immigration through the international border closures period. This will represent an increase in the Aussie population of well over +15 per cent over the decade, driving significant demand for housing, with most…
The Federal Labor government made a bold pledge to build one million new homes in five years as part of their housing accord last October. As Treasurer Jim Chalmers unveiled the ambitious plan, many applauded the effort to address Australia’s rental crisis and housing shortage. However, with the housing industry warning that high-interest rates and…
No place in Australia faces a brighter future than southeast Queensland, with the potential to secure much-needed infrastructure due to the Olympic Games. This catalyst event can bring infrastructure spending from the future into the present, creating opportunities for growth and development. However, it’s crucial that the region seizes this once-in-a-lifetime opportunity without squandering it….
Think of a time when you felt vulnerable. Perhaps you were in a hospital corridor, or an exam hall, about to be tested. Now, focus on the building you were in. What if, without you knowing, the design of that space was affecting you? We study environmental psychology, a growing field of research investigating the…
If you follow me, you know that one of the most common Growth Habits of self-made millionaires is self-education. For most of my “millionaires”, the knowledge they acquired came from one habit – Reading to Learn. Seventy-one percent of the self-made millionaires in my Rich Habits Study, read to learn, a minimum of 30 minutes every day….
