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.
In a world obsessed with becoming rich, true prosperity lies in “time wealth” – the freedom to control how you spend your time, unburdened by employer or work obligations that make you feel enslaved. Creating Time Wealth, however, requires an upfront investment of your time in creating an asset that can be monetized, generating a…
There is no doubt that our housing markets are facing challenges from all directions, but clearly, they have remained resilient. To better understand what’s happening, this monthly collection of charts from Cotality (formerly CoreLogic) paints an interesting picture. Cotality’s latest Housing Chart Pack shows conditions are easing as borrowing capacity tightens, with analysis of the Home Value…
They’re pragmatic, financially savvy, and quietly sitting on some of the biggest property gains in the nation. Generation X – those born between 1965 and 1980 – have become the quiet achievers of Australian real estate. After decades of focusing on work, family, and stability, Gen X now finds itself in a position of significant…
The fact is…we are hardwired to be miserable. Have you ever notice how your mind seems wired to focus on what’s wrong rather than what’s right? You could have a great day, achieve a couple of wins, get a compliment from a colleague… and yet one small problem or criticism is what sticks in your…
Why is it that some Australians feel permanently locked out of the property market while others continue to build substantial wealth? Why do certain suburbs appeal strongly to one group but leave another completely uninterested? And why do so many market commentators fall back on generational labels to explain what is, in reality, a far…
Most people think our property markets are driven by interest rates. But, they’re not. Sure rates matter, but they don’t decide when the market moves. People do. And right now, the market is being pulled by two very different types of buyers who behave in completely different ways. The two types of buyers 1. The…
For many Australians, getting into the property market has never been more challenging, so it’s no surprise that policies aimed at helping first-home buyers are gaining traction. According to Money.com.au, first-home buyer market could take until 2030 to return to peak levels following 5% deposit scheme expansion. First-home buyer (FHB) loans surged 9.7% in the…
Here’s something that might change the way you think about Australian property forever. The media keeps talking about “the property market” as if it’s one big, unified beast that either goes up or down. But that’s no longer how it works – in fact, arguably it never did work that way. What’s different now is…
The most successful property investors have a number of tools in their landlord kit bags. One of the most important of them all is using professional property managers to do the heavy lifting for them. That’s because, to create significant wealth, investors not only need to be strategic with their property purchases, but they also…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
