![As the Rich Get Richer, the Poor Get Richer [video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/11/THE-RICH-ARE-GETTING-RICHER-1-270x200.jpg)
The rich are getting richer, and the poor are… also getting richer. There’s a lot written about how the rich are getting richer, about income inequality and about how much wealth “the top 1 percent” own. This typically examines wealth in the context of a single country. But when you consider a global perspective, you’re already in…
We’ve been here before – concerns about our capacity to house a large population are not new. But lately, hostility to rapid rates of population growth is gaining traction. There have been calls for a population enquiry and former PM Abbott has called for immigration (and hence population growth) to be slashed. He joins a…
![[Podcast] Why Rational People Like you Make Irrational Investment Decisions](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/06/yardney-template-1-ep42a-270x200.jpg)
Are you where you want to be financially? If not, what’s holding you back? That’s what we’re going to talk about in today’s show. Are you where you expected to be at this stage of your life? Would you like to move further? If you’re like most Australians, you’re probably not where you expected to…
The financial services Royal Commission established at the end of last year is starting to have an impact on property prices. And it is clearly affecting our property markets. Let’s do a quick Q& A to understand what’s going on…. What is the financial services Royal Commission? The Royal Commission into Misconduct in the Banking, Superannuation…
Dwelling values are falling and fewer transactions are occurring across the housing market which should create alarms for market participants such as agent, lenders, state governments and brokers that are reliant on housing turnover. Despite dwelling values having only recently started to fall, the number of settled transactions in the housing market has been trending…
![[Podcast] The Rules of Property Investment – 1st Birthday Show](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/06/yardney-template-1-ep52a-270x200.jpg)
Today is the first birthday show of the Michael Yardney Podcast. Rather trying to come up with something new, I decided to try and distill the information, investment philosophies, tips and tricks that I and my guests have shared with you over the past year into one jam packed show. As you listen to today’s…
Undersupply of dwellings has led to a sharp increase in property prices in Sydney and Melbourne and ‘a co-ordinated strategy’ is needed to solve the resulting housing affordability crisis. The sharp rise in dwelling prices in Sydney and Melbourne particularly over the last few years largely reflected that the supply of housing had been unable…
Look how our housing markets have changed over the last 25 years. A quarter of a century ago the great Australian dream was to own a home in the suburbs with a front and back yard. Today more home buyers are trading their back yards for balconies and courtyards. They are trading space ( a…
A perfect storm of a declining economy, the end of the mining boom, a slow employment market, low wage growth and less than 1 per cent population growth has had an alarming impact on the Western Australian property market. Add to that large dwelling oversupply, particularly units, and the result is negative capital growth for…
In choosing not to impose restrictions on bonuses and commissions, the government left untouched the incentives for inappropriate financial advice and lending decisions. Clinton Free, UNSW and Hannah Harris In a bid to fend off the Financial Services Royal Commission, the government introduced the Banking Executives Accountability and Related Measures Act (BEAR) last October. This legislation comes into effect next week. But it is questionable whether it would…
