In today’s complicated economic climate, many investors are sitting on their hands and waiting to see where the chips fall. I can understand why. Times aren’t what they used to be, there’s talk about a world recession and the “R” word is also being used about the Australian economy. Sure some housing markets have turned the…
We all love a good mystery, but don’t usually expect to find one lurking in our property markets. What is the mystery all about? The riddle is about the number of listings, or rather the lack of them in our largest property markets. Listings are properties that are for sale, and when buyer demand falls,…
Over the years, I’ve worked with thousands of investors and I’ve found that most fall into one of three categories. I’m going to explain what those categories are and let you work out which one you fall into. I’ll also explain why one of those categories tends to be more successful than the other two….
Yet another Sydney off-the-plan development has been identified as shoddy – bringing the total number of new buildings with major defects to a staggering four in past 12 months. Off the plan Sugarcube-Honeycomb, Erskineville buyers have been locked out after fears the developer didn’t clean up the toxic land beneath the new complexes which were…
Are you considering buying a property in your Self Managed Superannuation Fund? It has become more and more popular over the last decade as people opt to take control of their financial future. I must firstly state that if you are considering exactly this, it is important to get advice from an appropriately licenced advisor…
New homeowners have been slugged a staggering $10.5 billion in repair costs over the past decade as poor construction standards have left them battling leaks, cracks and other problems. Financial comparison site Mozo’s Property Pain – Building Defects Report 2019 also found most new and newly renovated apartment and house owners have been plagued by…
Not all property investors are successful. Some fall on hard times because they don’t research the market, some ignore good advice and make a serious error of judgment, while others listen to self-professed experts who don’t know what they are talking about and have very little experience. If you are looking for bad advice as…
What would you rather have right now? An approved 150 unit inner city development site? Or an approved 150 lot greenfield land subdivision anywhere within the urban footprint? The answer says much about future challenges for housing development in Australia. The rapid deceleration of the apartment market in Australia should come as no surprise. The…
In today’s technology age, property forecasters are armed with all of the information in the world. So why do they keep getting property market predictions wrong? That’s one of three topics I’ll be discussing in today’s show. I’ll also be talking about some recent statistics that explain a segment of the property market that you…
No-one could forget the horrifying images broadcast from London’s Grenfell tower in June 2017, where 72 people tragically lost their lives and more than 70 others were hospitalised, due to cheap flammable aluminium-polyethylene cladding that had been installed on the exterior of the building. The 24-storey building had originally been built in the 1970s, but…