Core Logic have just released their February data. The headline says it all: ‘Housing values surged’.Recall that rather than just looking at dwelling values, I prefer to look to the fineprint of the data to see what’s happening to house prices, given they’re the biggest
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Why I’m Afraid Of Bubbles
What an incredible time to be alive. I can’t help thinking that hundreds of years from now people will be studying the emergence of the coronavirus, and wondering what it was like to live through it, much like we wonder what it might have been
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Market Update – January 2020
Core Logic have released their December data. It was generally good news across the board, except in Hobart and Darwin where house values declined slightly.Recall that rather than just looking at dwelling values, I prefer to look to the fine print of the data to
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Drought, fires and ScoMo…
I own 1,500 acres of land at Bindi, in East Gippsland, Victoria on which I’m planting a large carbon sink forest; a multi million dollar investment towards helping the environment – air, soil, water and animals.At the time of writing there is a large bush
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Market Update – November 2019
Here’s the latest summary of price trends around the country based on Core Logic’s latest housing price index data. I’ve also included August as I had missed last month.Recall that rather than just looking at dwelling values, I prefer to look to the fine print
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Purpose vs. Popularity
Kim Kardashian West reportedly has 150,000,000 followers on Instagram. That is roughly seven times Australia’s population. Astonishing! She is part of a new group of celebrities known as ‘influencers’ – people who can impact others, and who can make or break businesses, simply via their
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Property Market Update – 6 September 2019
Spring is here, and with it the news that the property market is showing signs of recovering in Sydney and Melbourne. I’ve now updated the capital city table based on Core Logics latest housing price index data.Recall that rather than just looking at dwelling values,
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Theory: A Valuable Life Lesson
I’m proud of my 15 year old daughter, Cassie, as she’s landed her first job.It’s working on the cash register at the local greengrocer. It’s a pretty good gig, and she’s enjoying earning money that she is saving to pay for an overseas trip she
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Property Market Update – 8 August 2019
Yikes! All the talk about a US vs China trade war is making my head spin. You can’t help but think that a game of chess is happening behind the scenes, and we are but mere expendable pawns in it.In any event, the Aussie real
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Theory: Taking A Closer Look At Profit
I might be showing my age here, but Castrol once ran a famous TV ad that said “Oils ain’t oils”. In a similar vein, this month I wanted to spend a moment talking about making money in real estate under the banner that “Profits ain’t
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