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,…
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…
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,…
If there’s one clear lesson to take from the market chaos of the last few months, it’s the enduring value of long-term thinking. For the last 90 days or longer, we’ve been handed a masterclass in why reacting to short-term noise rarely pays off, especially in property. Headlines have swung from doom to boom and…
Imagine inviting thousands of people to a party… but forgetting to organise enough food, chairs, or bathrooms. That’s essentially what Australia is doing by ramping up migration while failing to plan for the housing and infrastructure to support it. The conversation around our housing crisis is often framed around interest rates, investors, or planning delays….
Do you know what is so interesting about success? When I look at people around me who are ultra-successful — I mean, whether it’s in their business, their investments, with money, or in their physical health or maybe it’s in their relationships —it’s not that they’re any smarter. It’s not that they’re any more talented….
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…
Why invest in property? There are lots of ways to make money and some people would argue that real estate investing isn’t really that easy.
But if you follow a proven formula it’s simple
The election may already feel like old news. The campaign ads are off the air, the polling booths are packed away, and the headlines have moved on to the next big story. But make no mistake — What happened at the ballot box is going to shape our property markets for years to come. In…
Have you ever looked around the property market and felt like someone else already owns the whole board? Like you’re playing Monopoly but your opponent passed “Go” decades before you were even dealt your first card? That feeling is real. And if you’re a Millennial or Gen Z, it’s probably more than just a hunch…