A long time ago in a galaxy far, far away… Actually it’s much closer to home than wherever Star Wars was set. It’s happening right here and right now. People looking for their first deal and just not finding anything. Or finding and buying the completely wrong deal for them based on their circumstances. Or […]
The end of the property boom?
You’ve probably missed this. Page 7 today of the Financial Review. Two headlines on the same page. One reads, “Sydney, Melbourne property prices hit the skids” ironically written by Su-Lin Tan. And just below, “Don’t worry, house values wont crash” by Robert Harley. I’m confused. But this is what we’ve come to expect by mainstream […]
Real property economics by an expert… (Me)
Forget all the faff being peddled by economists. This is the one thing you need to know to understand property like an expert. People like stories. It’s how we process the world. We arrange things in lines of cause and effect, and once we’ve got our little ducks in the row, we feel like we […]
RBA dishes out some inconvenient truths
Behind the sound-bites, there’s some real wisdom in the RBA latest statements. Awkward, inconvenient wisdom. Negative gearing tends to be one of those bandwagon topics. And now the bandwagon is calling for it to be scrapped. And the cheerleaders of that bandwagon we’re given a boost when the RBA came out and said they thought […]
Jump investors a game-changer
Another housing inquiry probably has no idea just how much the property investment game has changed in the past 3 years. Now, jump investors are the ones to watch. Housing Affordability – that old chestnut. Everyone loves to complain about it. No one wants to do anything about it. And if you’re a politician, what’s […]
Where newbie investors get burned
The property market isn’t what it was 20 years ago, but a lot of newbie investors are still investing like it’s 1999. Unless they understand this one simple fact, they’re going to get burned. At the risk of sounding like an old fart, the property market ain’t what it used to be. Houses are still […]
A tale of eight cities
All this talk of a bubble can’t see the trees for the forest. There is no Australian property bubble. There isn’t even an Australian property market. (Nope. You were imagining it all along.) We talk about the “Australian” property market because it’s convenient. It takes too long to go into every regional market, and so […]
PODCAST: My Personal Strategies For Picking The Hottest HotSpots in the Next 12 months
The negative gearing debate is raging again and all those poor, misguided folks who love it are flapping around like freshly caught fish trying to get themselves a good investment property. Trouble is that there’s really only one strategy they can use to make any money – finding a hot spot and hoping for the […]
Podcast: Due Diligence
If you know me at all, you’ll know that I LOVE real estate, right? You may have heard me talk about it before, once or twice. Ok, Ok, I’m playing with you, but here’s the thing… There are a ton of strategies for making money with property that are great, but failure can occur at […]
Do we really love apartments?
“An apartment construction boom shows just how much Aussies love apartments now.” Really? ‘Love’ is a strong word. If you look at where new property is being built right now, it seems to tell you that this is the dawn of the age of apartments. A lot of people say this is because there’s been […]