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 […]

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 […]

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 […]

It’s a lot of money to avoid teaching your kids to cook. Here’s a funny story from a recent sale reported in The AFR. A property for sale in Canley Heights Sydney sold at auction for $2.6m over reserve! That was over double the price they were expecting! You’d have to be happy with that […]

Without this, would price falls have been bigger? CBA Economists are privately a bit confused about the housing market’s current strength. We got CoreLogic’s October update last week. It showed that the pace of gains remains strong, with prices up 0.9% in the month. But there’s a puzzle. This strength is ‘quite remarkable’. The turnaround […]