While property price falls have been capturing widespread media attention, it is crucial for buyers, sellers, and owners to contextualize these figures. So let’s start by looking at what has actually happened to property prices. Of course the decrease in borrowing capacities caused by increasing interest rates has impacted home values, leading to a consistent…
Tight supply, rising interest rates, and reduced borrowing capacity dampened Australia’s property market in 2022, with prices falling from their pandemic-induced peaks. Prospective sellers have been sitting on the sidelines, delaying decisions to see how high inflation and rising interest rates will affect the market. But Domain’s latest house price report shows that while property…
We are all looking for the “one”. There’s no argument about that. In one of his regular columns in The New Daily, demographer Simon Kuestenmacher explained how to use Census data to help you find a partner. He noted that love, or at least relationships, is also a numbers game. And as you read on…
Most people are completely oblivious to their behaviours, habits, and thinking as well as the behaviours, habits, and thinking of others. Many studies have been performed on this unusual human tendency. The researchers even have a name for it – Inattentional Blindness. The main cause of this Inattentional Blindness is the brain’s inability to multitask…
Australia’s COVID-induced whirlwind love affair with the country’s hottest regional cities has run its course with values declining sharply as vendor discounts climb and days on market blow out. CoreLogic’s Regional Market Update, which examines Australia’s 25 largest non-capital city regions, shows 13 areas recorded an increase in house values over the year to January…
The profile of risks facing the world is evolving constantly. Events like last year’s invasion of Ukraine can send shockwaves through the system, radically shifting perceptions of what the biggest risks facing humanity are. Today’s graphic summarizes findings from the Global Risks Report, an annual publication produced by the World Economic Forum (WEF). It provides an…
Towards the end of each year, the ABS releases data on the number of births and deaths across the country. The birth data generates significant interest, and more so this year as the fertility rate increased for the first time in many years. While the number of births, and the fertility rate, are important social…
Faced with the prospect of little price growth on the horizon, property investors are starting to see innovative get-rich-quick schemes being promoted which offer huge returns. It has always been true that if the property market can’t generate a return for investors from market-driven growth, then investors can make some growth themselves. We have traditionally…
Are you experiencing some challenges in your life at the moment? Who isn’t? It may be with your finances, your property investment, your business, your relationships, or your health. Well, my guest today, Dr. Arun Dhār, wants you to know that Your Mess has a Message. Now you probably subscribe to this podcast to learn…
There’s a lot of media as to where our housing market is headed. In my opinion, whilst much of the current slide in median values is due to a slowdown at the upper end of the housing market, this market has a big future. Here are five reasons why: 1. Current sales activity Table 1…
