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.
So enjoy for some weekend reading…and please forward to your friends by clicking the social link buttons.
More illegal investors ordered to sell up
Smart Property Investor reported on foreign investors having to sell their illegal purchases, in the wake of the foreign investment crackdown.
Five foreign investors who unlawfully hold residential property in Australia have been ordered to sell their properties.
Treasurer Hon Joe Hockey MP has announced that five foreign investors from four different countries who unlawfully own six residential properties across Australia between them have been ordered to sell up within 12 months.
“The investors linked to the five divestments voluntarily came forward to take advantage of the amnesty I announced in May.
“They now have 12 months to sell the properties, rather than the normal three-month period, and will not be referred for criminal prosecution.”
Foreign investors who have illegally purchased residential real estate in Australia have until 30 November to turn themselves in and avoid being referred for criminal prosecution.
Property investors head to Brisbane | Suburb due diligence | How to build a 170+ property portfolio? | How to reduce your investment’s risk? | Is there a bubble in Australian property?
Another great Real Estate Talk show produced by Kevin Turner.
This week listen to:
- Michael Yardney details property is not without risk, but here’s why you shouldn’t avoid property investment entirely
- Nathan Birch is a young investor with over 170 properties in his portfolio. Hear his amazing story.
- Garth Brown gives a solicitors view on the conditions on agency agreements.
- Bryce Yardney explains how to choose a location for property development and where he sees many aspiring developers go wrong.
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If You Don’t Do These Now, You’ll Regret 10 Years Later
Lifehack featured this excellent article about how to avoid regrets later in life.
1. Put your health and wellness above everything else
Take care of your body so that you have the opportunity to lead a long and full life.
2. Take the time to do the things you love
You will never regret taking a vacation, engaging in a new hobby or spending a day with those who make you happy.
3. Stop taking life so seriously
Find humor in something everyday, and laugh, laugh a lot!
4. Always say what you need to say
Make sure those around you know each and every day how you feel.
5. Open up your mind to possibilities
Look at your life with fresh eyes and you’ll find improved relationships, more excitement, and less resentments, anger and bitterness.
6. Follow your own path—live a life true to you
Doing or being anything other than yourself will leave you feeling lonely, depressed and hopeless.
7. Stop living in the past
The past doesn’t exist except as a memory, it’s a mental story and it can’t be changed.
8. Accept the things you cannot change
Take “what if”, “should have” and “why me” out of your story. Move on.
9. Practice mindful living
Mindful living will in fact slow down time; it will enhance the present moment and fill otherwise mundane days with awe and joy.
10. Stop chasing money, fame, and possessions
Stop chasing material possessions, there is no real happiness there, only an endless pursuit.
11. Always practice gratitude
“Gratitude unlocks the fullness of life.
It turns what we have into enough, and more.
It turns denial into acceptance, chaos to order, confusion to clarity.
It can turn a meal into a feast, a house into a home, a stranger into a friend.” — Melody Beattie
Pay attention to all of the sources of love in your life and you’ll develop a growing sense of abundance of how much beauty surrounds you each day.
“Sea of green”
Pete Wargent briefly reported on a new high for Australian home values.
On CoreLogic-RP Data’s Index prices in Melbourne and Sydney have accelerated over the past quarter to an astonishing pace, though this index probably lags.
Prices are reported as up for the year, quarter…and even the day…for all capital cities in the index.
Who has the most to lose if interest rates rise and property prices collapse?
The Australian Financial review reported on who would have the most to lose if interest rates rise and property prices collapse.
Analysis by actuarial firm Rice Warner suggests that the wealthiest Australians will suffer most if property prices tumble.
Both asset classes, arguably, are sensitive to interest rates.
If rates rise, property prices could fall, potentially also dragging down the share prices of Australian banks.
The wealthiest 5 per cent of Australians have well over 50 per cent of their wealth tied up in property, while individuals in between the 50th and 75 percentiles have just a quarter of their wealth invested in property.
“A high proportion of private wealth is dependent on the value of property which, in turn, is dependent on the current low interest rates,” says Mr Stevens.
Another way of looking at the Rice Warner analysis is that directly held property investments are equivalent to about 65 per cent of Australia’s $1.8 trillion of superannuation assets as of June 2014.
Weekend video: Amazing Facts to Blow Your Mind
Time for some more interesting facts to make your head explode!
Now you can sound even smarter around your friends with these simple but super fun facts about life!
Blogs you may have missed this week:
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