Just because you’ve taken the leap from homeowner to property investor, doesn’t mean your financial fortune is assured. In fact, it doesn’t even mean that you will start making a profit in the short term, or that you are on your way to owning a sizeable portfolio. The reality is around 20% of those who
After all these years in property I’m still surprised at how investors decide which property to buy, but it doesn’t surprise me why so many don’t get past their first or second property. You see… many buy for emotional reasons and while others think they’re investing in property, for some they’re really speculating. By definition,
Yes – they’re back again. Those who say we’re in a property bubble. Including economist Christopher Joye, director of Yellow Brick Road, who wrote in the Australian Financial Review that Australia’s housing bubble leaves others far behind. He found that since the end of 1995, Australian home values have experienced total capital gains of 283
Baby boomers are often touted as one of Australia’s most prosperous generations. They are living longer than previous generations, retiring later, and are commonly labelled as the beneficiaries of Australia’s growing property market. But according to the latest research, a third of Australian baby boomers won’t be able to afford their retirement.
We’ve enjoyed a few good years in property but now as this real estate cycle matures and uncertainty surrounds the extent of the potential for future capital growth, it’s appropriate to remember that it is not so much the outside world that defines our success, but the place we take in us as investors.