Is there still a housing shortage in Australia?

The national shortage of housing in Australia is nearly 250,000 dwellings, lower than previously estimated, but still a long way from being in structural surplus, according to ANZ Research’s latest Economic Insight.

 

The study forecasts that housing construction and underlying housing demand will see a modest unwinding of the current housing shortage in coming years. This easing will, however, challenge the short-term support to dwelling sales and price growth from the underlying supply-demand imbalance in some markets.

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How a budget can help make you Rich

How a budget can help make you Rich!

When it comes to taking control of your personal finances, the sad reality is, most people prefer to bury their head in the sand.

In fact, in a recent survey of thousands of property investors about budgeting, 54% said they had no budget at all. Imagine that – more than one in two do not monitor their spending! Read more

10 rules for true wealth building at success in property

Ten Rules for True Wealth Building

What do you need to do in order to be rich and successful? Is working hard on a daily basis enough? What else can we do to live a wealthy life?

Everyone wants to be wealthy, but not everyone know how to be. Some of us may be eager to work hard everyday, yet we still do not get our level of desired wealth. Financial Independence is about money, but have you ever considered what “true wealth” is.  That is living a wealthy life.

There is a massive distinction between being rich and miserable and not so financially strong yet being happy. Read more

Successful property investment

Successful Property Investment comes down to doing the right things

When it comes to successful property investment, often it has very little to do with the property that a person selects.

I have found that “successful people” usually become the most successful property investors.  Having the right mind set is  vital to leading a successful life as well as building a larger property portfolio.

Data from the Australian Tax Office shows that more than 1.2 million people own an investment property, (thats great that so Read more