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 […]

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 […]

T-Bomb: Why I don’t have problems anymore

Truth Bomb Tuesday: the name we call things matters. Here’s a little challenge for you this year: Never say the word ‘problem’ again. I’ve been playing with this one for a while. I don’t like problems. They feel heavy. I don’t like the way they sit in my mind. And so I’ve decided I don’t […]

The key drivers of property in 2024

I tell you what to expect this year OK, put away the leftover Christmas pudding it’s time to get serious. What’s the outlook for property in 2024? I’ll get into the numbers in a separate post, but in this piece I wanted to outline the key themes that are going to drive the property market […]

Make money a tool not a target this year

How to set yourself up for the year. So… 2024. Strap yourselves in, here we go. Now, I tend to think that in some ways, these are the most important weeks of the year right now. Now that the Christmas craziness is behind us, and before all the craziness of the year really begins, there […]

Would you bid on this hoarder home?

Yes, the market’s hot, but there’s still opportunity in this deal. I’m going to tell you why property the best way to create wealth from scratch. And look, I’m assuming you’re something like an average Aussie household. If you’re a hedge fund starting out in the game looking to deploy your first billion, then property […]

The overlooked reason why we can’t build more houses

People don’t get the connection here. There’s a reason why we can’t fix the housing shortage. People think it’s easy. We just need more houses so build more houses. Well, first, building a lot of houses isn’t easy at all. There’s land release and zoning and a whole bunch of things that need to happen […]

What is the property capacity gap?: the economy in pictures

See the world through the eyes of an economist: Property, borrowing capacity and rents. Corelogic released their market update for October last week, so let’s keep our focus on the property market this week. First up, prices were up a solid 0.9% in October, with both houses and units now performing strongly. That’s now the […]

T-Bomb: Fail fast, fail furious

Truth Bomb Tuesday: Mistakes are a cost of doing business. “Wow. You work so fast.” I was messing around with my messaging system while a friend was over the other day. I didn’t know what I was doing, but I was trying to figure it out. Click that setting. Have a look. Youtube what that […]