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He has probably educated more successful Australian property investors than anyone else, but he’s not a theorist…He has been successfully investing in property since 1971, is a leading property commentator and Australia’s most widely read property investment blogger.
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Want to know the big secret of why the rich are rich? Many have studied this topic and written about it. Napoleon Hill wrote about the “16 laws of success” after studying wealthy people for 20 years in his classic book published in 1937, “Think and Grow Rich,” Tom Corley studied the rich and the…
House prices nationwide are poised to surpass previous peaks later this year, with strong migration, tight rental markets and low stock levels reversing the sharp falls of 2022 much sooner and quicker than expected according to Eleanor Creagh, Senior Economist at Proptrack. Creagh paints a picture of a market that not only dodged the major…
![[Podcast] Predicted Plummets, Real Rises – how did economists get their property predictions so wrong? With Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/MY-podcast-468-Stuart_Wemyss-03-270x200.jpg)
For more than a year the Reserve Bank hiked interest rates to the highest level in decades and there were lots of warnings about an imminent collapse of the Australian housing market. And these warnings came from banks and institutional economists as well as the usual property pessimists! Not many people expected interest rates to…
We know inflation is coming under control, but it’s happening much more slowly than the Reserve Bank would like. And part of the reason for this is that it’s fighting an uphill battle with demographics according to leading demographer Simon Kuestenmacher. Today I’m going to chat with Simon and ask him to shed light on…
One of the biggest fears people have in their lives is failure. Afraid they won’t succeed if they try something new. Fear that they might never “make it” doing what they are passionate about. Fear that keeps them from following their heart Since life is too short to let fear make big decisions for you….
In today’s show I tackle a question that’s been looming large in many conversations – should we be fearful or greedy about entering the Australian property market right now? With the property market showing signs of both opportunities and risks, it’s a challenging landscape to navigate for both seasoned investors and newcomers. These contradictory sentiments…
In today’s question-and-answer episode, I chat with Ken Raiss, director of Metropole Wealth Advisory, who shares his knowledge of property and wealth management. We’re going to discuss three of your questions about how to help your children into property, including questions about how to stop your children from squandering their inheritance and what happens to…
High property prices, escalating construction costs, and rapidly rising interest rates have pushed Australia’s housing affordability to the worst level in over 30 years, according to a new PropTrack report. The PropTrack Housing Affordability Index shows that in 2023 households across the income distribution could afford the smallest share of homes since 1995, when records…
The nation’s biggest home lender, Commonwealth Bank (CBA) has upgraded its house price forecasts aligning with the optimistic outlook shared by the other big banks. Only a few months ago in May, the CBA revised its original forecast that home values would fall 6 per cent this year, instead suggesting that prices will gain 3…
An estimated $2.6 trillion will be passed from Baby Boomers to the next generations in the 20 years to 2040 according to Philanthropy Australia. Families in Australia’s top suburbs for inheritances will hand down more than $3.3 million on average from one generation to the next, with children in Sydney’s harbourside regions edging those in…
