As dwelling values fall and fewer transactions are occurring across the housing market, participants such as agent, lenders, state governments and brokers that are reliant on housing turnover may becoming somewhat concerned. Despite dwelling values having only recently started to fall, the number of settled transactions in the housing market has been trending lower since…
Sydney and Melbourne’s house prices could slide by up to 9 per cent if Labor gets into power and introduces its planned property tax changes. At our annual Wealth Retreat Conference over the weekend one of our guest speakers Doron Peleg, CEO of RiskWise Property Research and a regular author here at Property Update discussed a report…
Everyone knows that location is critical when selecting an investment property that will outperform. But what makes a good location and why are some locations better prospects than others? When I started investing around 40 years ago the emphasis for homebuyers was largely affordability and proximity to infrastructure. The outer fringes of our capital cities…
After having trained many investors to improve their skills in the sharemarket, I have tried to work out why some people succeed, and why others go onto become net losers. I’ve seen people with superior intellect go onto decimate their superannuation funds completely. On the other hand, some people who have not been so gifted…
If you want to become a better investor, this week’s show is for you. Today I’m going to chat with you about two important topics that will be relevant whether you’re a beginning investor or a seasoned pro. Firstly, I’ll talk about the 7 habits of highly effective investors. I’ll look at the 7 habits…
It almost seems that every day brings with it new lending policies, doesn’t it? Interest rates are changed for investors and interest-only lenders, while loan to value ratios seems to be more fluid than a retreating tide. While it can be difficult to understand the current lending landscape, that doesn’t mean that finance is not…
Despite calls for families to embrace unit living in Sydney, the reality is they are severely unaffordable and require more than nine years of household income to achieve, according to the latest analysis from RiskWise Property Research. The RiskWise analysis clearly showed that even when families were ready to compromise and move into reasonable size…
I used to pride myself on how little maintenance I required. “Workout? What’s that?” I joked. “Exercise? I thought you said extra fries.” I drank all the coffee all day long, then switched to alcohol, then ordered a chili cheese dog and smugly judged all the Crossfit crazies who jogged by me, huffing and puffing. “These…
The Royal Commission has highlighted the need for property investment advice regulation, amidst the myriad revelations of dodgy operators and unsound financial advice, according to the Property Investment Professionals of Australia (PIPA). While planners are subject to regulation, the provision of property investment advice generally remains a free-for-all, according to PIPA chairman Peter Koulizos. In fact, anyone can…
There are certain habits that help you to respond positively and constructively to negative life events. These Response Habits get you back on track and enable you to respond to those negative life events in a way that alters the trajectory of your life forever: Self-Improvement Response — When a wrench takes you off track, that…