There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month.
Each Saturday morning I like to share some of the ones I’ve read during the week.
Monday will be here before you know it, so enjoy for some weekend reading…and please forward to your friends by clicking the social link buttons.
APRA changes stamping out ‘marginal’ investors
Smart Property Investor reports on claims that APRA changes have affected investment lending.
Recent changes to investor lending may be having the positive impact of preventing risky investors from entering the market, a leading property commentator has claimed.
The APRA lending crackdown is preventing ‘marginal’ property investors from entering the market, according to CoreLogic RP Data senior research analyst, Cameron Kusher.
“It means those marginal people coming into the investment space that possibly shouldn’t be in a position to invest in property in the first place are now not going to be able to do so and, from a financial stability point of view, that’s a good thing,” Mr Kusher told Smart Property Investment’s sister title, Mortgage Business.
Read the full article here.
Where is the next Sydney | Developing your team | How to avoid being gazumped | “The deal of a lifetime” Properties | Quit your job & work in property full time | Seller vs. Buyers Market
Another great Real Estate Talk show produced by Kevin Turner.
In this show:
- Michael Yardney says it is possible to quit your job and live off of your properties – but not easy.
- Margaret Lomas answers the question ‘Where is the next Sydney?’
- John Lindeman discusses the tipping point when we can see a market turn from a sellers market to a buyers market and vice versa.
- Property investor and developer, Nhan Nguyen, shares some wisdom about developing your team.
- Solicitor Rob Balanda has some great advice on how to avoid being gazumped
- Buyers Agent Damian Collins outlines why he is wary of properties offering ‘the deal of a lifetime’.
If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.
14 Unusual Ways McDonald’s Did Business in the ’60s
Mental Floss published this interesting list, which shows just how much times have progressed since the 60’s!
Here’s 7 of them.
1. The didn’t hire women
McDonald’s refusal to hire women lasted until franchise operators began insisting on a gender-balanced staff in the mid-to-late-‘60s. Even then, Kroc ruled that female employees be “flat-chested” and not work the grill since they didn’t possess the “stamina” for such intensive labor.
2. They’d wash your windows
Several McDonald’s promotions in the early 1960s promised a free windshield wash for drive-in patrons.
3. Nothing was frozen
One of the company’s most often-repeated talking points in 1960s media was the fact that everything arrived fresh to stores: meat came refrigerated and potatoes were shipped whole. Not anymore.
4. Entire meals cost 45 cents
A burger, fries, and shake set visitors back two quarters, with change back. The chain liked to brag that an entire nuclear family could eat there for just over two dollars.
5. Kids are six burgers a week and it was a good thing
McDonald’s liked to brag that kids had become burger-munching maniacs, telling press that children devoured 6.2 of them per week in 1966.
6. You couldn’t sit down
With an average transaction time of just 50 seconds, McDonald’s didn’t really have the time or resources to put into washing dishes.
7. The introduced Hamburger University
Opening in a restaurant basement in 1961, the school offered majors in “hamburgerology” and minors in fries.
See the full list here.
Why are people coming Down Under?
The significant depreciation of the Aussie dollar has encouraged a record 7.2 million short-term visitors to Australia over the past year.
But why are people coming?
The main reason is for holidays (3.24 million), and ever more so from China and its provinces.
Increasingly, though, folk are also coming to Australai to visit their friends, families and relatives, with more than 2 million people falling into this category.
The other huge growth area is for education, with a smashing 451,000 education arrivals in the past year, a massive annual increase of well over 17 per cent.
These figures suggest a boost for tourism economies such as the Gold Coast, Sunshine Coast and Tasmania, for example.
The latest available government data shows that the boom in foreign students is overwhelmingly a capital city dynamic.
Published in 2000, It’s Getting Better All the Time: 100 Greatest Trends of the Last 100 Years, by Stephen Moore and Julian Simon is a great book about how life in America and throughout the world consistently improved during the 20th century.
Here are six lessons from the book:
1. The gains in leisure time are extraordinary
2. Medical care was a joke until the last half-century
3. Education was a huge trend of the 20th century
4. Food productivity exploded
5. Life is safer
6. Doing OK isn’t hard anymore
See the full article here.
Weekend Video: Is This Glass Half Empty?
Are you an optimist or a pessimist?
Blogs you may have missed this week:
Subscribe & don’t miss a single episode of michael yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to michael yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.