Before Gary joined I Love Real Estate he thought property was nothing more than an opportunity to buy a home. Originally buying a home to live in, he was forced to sell it at a LOSS of $30,000. A huge amount of money at the time, the loss made him completely rethink his long term […]
Why this property came in $300K over reserve
This was a great result, built on a property’s ‘potential’. So the auction market is clearly pumping so far this year. It’s had a cracker of a start and suggests that price growth should remain strong through the year ahead. The data on clearance rates is positively bullish. Eager buyers are keeping pace with the […]
Revealed: the big mistake about wealth
Once you understand what wealth actually is, the game changes. What does it mean to be wealthy? This one of those words in the English language that is as common as mud, but everybody hasn’t a different understanding of what the word actually means. We all know it’s a good thing. We all want to […]
From Burnt-Out Corporate Accountant to Full-Time Property Mum Thanks to Commercial Properties
“Not only have I replaced my income, we are also halfway to replacing my husband’s income.”
RBA gets a free kick: the economy in pictures
See the world through the eyes of an economist: mortgage drift, politician property ownership and taxes. This is what caught my eye this week. First up, the average interest rate that Aussies are paying on their home loan is still rising. This is even though the RBA has stopped hiking rates. It’s because of cheaper […]
T-Bomb: Why we get stuck in bad patterns
Truth Bomb Tuesday: Where did these patterns come from anyway? Why do we get stuck in behavioural patterns that don’t serve us? Maybe you grew up in a household where money was always a drama, and now you tighten up and get a shame response every time we talk about money. Or maybe you grew […]
We’ll be lucky if things are only this bad
The construction crisis goes from bad to worse. I’m a little surprised more people aren’t talking about this. We are supposedly in the middle of what is possibly the worst housing crisis in the country’s history, and construction levels are collapsing. At a time when we should be building more houses than ever, it looks […]
T-Bomb: Be honest. Who’s problem is this really?
Truth Bomb Tuesday: If you can get past this blind spot, life becomes easier. How many of the rods on your own back are of your own making? I think this is one of the big blind spots that people have. We create dramas for ourselves, and then forget that we just have the power […]
Housing shortage hits 150K… at least!!
These numbers will raise an eyebrow or two. So Australia just hit a new milestone. According to the ABS’s population clock, we’ve just clocked up our 27 millionth Aussie. As the Analytics firm Mccrindle note, this is well ahead of schedule: “Australia has reached 27 million, more than thirty years ahead of predictions”: “Australia’s population […]
One chart to explain the boom in property this year: the economy in pictures
See the world through the eyes of an economist: listings, income and pricey English houses. If you want to know why house prices are going up this year, in a single picture, then it’s this one. This chart shows the dramatic fall in total listings available in the national property market since COVID. There is […]