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.
More than 26,000 properties have hit the market in the last four weeks as the traditional spring selling season takes hold
The spring selling season has started with a bang according to a news.com.au report:
According to CoreLogic RP Data figures there are now 92,296 properties listed for sale across all capital cities.
The number of new listings is at its highest level since March with additional 8371 sellers keen to take advantage of rising prices in Sydney listing their homes for sale in the past 28 days.
But it is not the capital city with the most properties for sale. Melbourne takes that honour with 26,676 properties listed for sale and an extra 7830 listings added in the past month.
In Brisbane 4206 new listings have been added to bring the total to 16,078.
In Hobart another 370 properties have been listed with a total of 1913 properties and in Darwin 180 new listings means there are 1514 properties for sale.
See the full article here:
Slowing population growth & property market | Dodgy Chinese-manufactured products | Shocking predictions about the Australian property market | Smart investors strategies | What is a caveat? | Managing a strata unit
Another great Real Estate Talk show produced by Kevin Turner.
In this show:
- Michael Yardney discusses whether the population growth slowdown poses a risk to our economy and pull the rug out from under our property markets?
- Michael Teys from Block Strata asks us why would you want to look after your own management, whether it is a single property or the the strata management of a block?
- AMP Senior Economist Shane Oliver explains his prediction of a 7.5% downturn in the Australian property market.
- Shannon Davis explains the best way to buy off the plan – if you are set on it
If you don’t already subscribe to this excellent weekly Internet based radio show do so now by clicking here.
Foreign property investment, multinational corporate tax crackdowns stepped up
The Australian Taxation Office is investigating over 500 property purchases by foreign buyers according to a report by ABC.
This includes multi-million-dollar homes purchased by students with no income, while the Federal Government has also introduced legislation to limit tax avoidance by multinational firms.
Treasurer Joe Hockey held a joint press conference with the Tax Commissioner, Chris Jordan, to provide an update on the Government’s foreign real estate investor crackdown and its new legislation to restrict corporate tax minimisation.
The properties now under investigation have a total value of more than $1 billion, according to Mr Hockey, who said he has already signed several further divestment orders for properties ranging in value from $265,000 to $8.1 million.
The latest properties that will be sold under the crackdown are located in Queensland, New South Wales, Western Australia and South Australia, and are owned by people from Singapore, Indonesia, the UK and China.
The owners have twelve months to complete the sales.
Read the full article here.
Max Memory Boost By Combining Two Easy Methods
PsyBlog recently reports on an interesting study.
The study theorizes that rewards combined with naps can help you learn, a new study finds.
When memories are linked to rewards, researchers found they stick better in the brain.
Adding a short nap afterwards can provide an extra boost.
Read the full story here:
Weekend Video: WOW! Most People FAIL at this… (mind trick)
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.
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.