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15 May 2017 |
While saving for a home requires cutbacks on luxuries, which is something you’re no doubt sick of hearing, it’s definitely okay – and important even – to have at least one thing you indulge in. Life is short after all, so it must be enjoyed!
23 February 2017 |
As lenders adjust their investment mortgage rates to abide by the regulator's lending rules, investors can expect bigger differences between the rates on offer.
20 February 2017 |
"Affordability, that's what we've got on offer here today," announces the auctioneer of a two-bedroom flat 12 kilometres from the CBD with a guide price of $650,000.
"For those entering the market, and for investors, it ticks all the boxes," he continues, opening a frenzied bidding session that doesn't stop until $780,000.
12 February 2017 |
In 2016, Cleveland Basketball great LeBron James made over $US77 million between his pay ($US23 million) and endorsements, Forbes reports. New York Giants quarterback Eli Manning made $US45 million, and LA Dodgers pitcher Clayton Kershaw made $US32 million.
There’s no question being an elite pro athlete pays very, very well.
12 February 2017 |
A mildly elevated level of stock in Sydney and Melbourne was not enough to satisfy cashed-up buyers, as the usually quiet months of January and February kicked off with strong clearance rates.
The clearance rate in Sydney hit 84.8 per cent while Melbourne's rate reached 75.4 per cent, according to Corelogic's preliminary tally. Domain's numbers were similar at 84 per cent for Sydney and 79 per cent for Melbourne.
11 February 2017 |
With a record number of new homes approved, Melburnians might think renting is getting easier.
But here is what the city’s rental picture actually looks like: rents are at record highs and rising faster than incomes, the number of vacant properties is shrinking and properties defined as “affordable” to those on low incomes are disappearing.
11 May 2015 |
A comment about SMSF investing into shopping centres implies the potential dangers of going for yield in tough investment times.
17 March 2015 |
Property trusts are doing well, although there are some concerns in the office market. They may offer diversification options.
17 December 2014 |
Australia has had a debt fuelled explosion in housing prices, which has created a generational divide and made the Australian economy, and banks, dependent on the housing market. The lesson of crises, meanwhile, is that they are usually caused by excessive debt.
10 December 2014 |
Property buying for investment, rather than owner-occupying, is running at a furious rate. There are signs that the regulators will soon move to make it more difficult.
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