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.
Something significant is happening in Victoria’s rental market, something we haven’t seen in over two decades. And while it hasn’t made big headlines just yet, if you read between the lines, it points to a worrying trend for renters, a turning point for policymakers, and a potential opportunity for long-term investors who know how to…
It’s common for many buyers and property investors to experience analysis paralysis when it comes to buying a property. After all, it’s a complex decision and one that has a long-term impact… especially if you get it wrong. The thing is, while due diligence is essential to make sure you know what you’re buying and…
There is a debate in the world about the usefulness and the alleged obscene amounts of money earned by some professions. It’s widely acknowledged that real estate agents are not the most trusted professions in Australia. The four professions least trusted in Australia, based on the percentage of Australians (aged 14 and over) who rate…
For a long time, the popular narrative has been that manufacturing in Australia is dead. We’ve all heard the stories: Holden shut its doors, Ford and Toyota packed up and left, and what was once the proud engine of our economy seemed to stall. Even I’ll admit, I believed that story. But the reality, as…
The federal election campaign was dominated by the housing crisis. But the real power to solve it rests with the states. In Victoria, reforms are underway that promise a bigger boost to the housing aspirations of younger generations than anything that occurs in the federal parliament. Yet these reforms are now under threat of being…
The rich are not necessarily happier than normal folk all the time, but I bet they are happier more often. That’s because money does make a difference in people’s lives. It removes a lot of our worries and allows us more time to spend with our families or on activities that make us happy. Likewise,…
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Interest rates are falling again. After years of rate hikes, mortgage stress, and a cooling economy, the RBA has now dropped interest rates for the second time this cycle and there are more rate cuts to come. But what does this actually mean? Is the worst behind us—or is this a sign of deeper cracks…
We like to think we’re rational human beings. However a few days ago I shared with you the concept that we are in fact prone to a group of cognitive biases that cause us to think and act irrationally, and this affects many of our investment decisions. Even thinking we’re rational despite evidence of irrationality…
Rentvesting has become an increasingly popular strategy for wealth creation, especially as a response to the challenges of home ownership in major Australian capital cities. This approach involves renting where you desire to live while investing in property. It has emerged as an alternative to traditional home ownership, particularly with the rising issue of housing…
After all these years in property I’m still surprised at how investors decide which property to buy, but it doesn’t surprise me why so many don’t get past their first or second property. You see… many buy for emotional reasons, and while others think they’re investing in property, for some they’re really speculating. By definition,…
