Are you thinking of buying an investment property when Labor implements its negative gearing tax changes? Will negatively geared investment properties still be good to invest in and what impact will buying one have on your hip-pocket? If Labor win the upcoming election and abolish negative gearing, then here are some of the things that you should be considering before you … [Read more...]
Banking Royal Commission – the Winners and the Losers
Hasn’t the last week been eventful for us property investors! I want to talk about the banking Royal Commission (RC) because the outcomes have a huge impact on our economy, the housing market and healthy competition. If you didn't listen to my recent webinar about all of this, you can do so via this link. In my webinar, I discussed in detail who the winners and the … [Read more...]
[PREDICTION] Property Market Collapse and how to prosper from It!
In my last blog post, “Collapsing Property Investment Market and How to Turn it Around”, I discussed the effect of all the changes currently happening in the property market and the impact it is having on property prices. It seems that the property market is having to deal with a barrage of negativity coming from all directions, making it impossible for it to sail through … [Read more...]
Brace Yourself for a Collapsing Property Market and How to turn it around
My recent blog article about property prices falling by 20% received an overwhelming response, both positive and some negative. Those most upset with me were the Queensland property developers trying to flog their sub-standard projects to unsuspecting Sydney and Melbourne investors. And I’m sure you will agree with me when I say that the care-factor was low… lol. Anyway, … [Read more...]
Property prices predicted to fall by 20%
Did you get a chance to read the article in the Financial Review on 26 October 2018 titled ‘More than 350,000 households at risk of negative equity’? It’s a very enlightening article especially for first home buyers purchasing property on the fringes of capital cities. This is where most house and land packages are being sold to first home buyers and due to the lack of … [Read more...]