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Is Australia really like Japan?

By Pete Wargent on 9 Jul 2013 No Comments yet, your thoughts are very welcome

Another week, another article comparing Australia to property markets in Japan. If I only had a buck for every time people said "but in Japan" – we'd definitely never experience price deflation Down Under because I would be a zillionaire, out spending like a certified madman ...

Will Property Prices Appreciate at 10 per cent Per Annum?

By Pete Wargent on 2 Jul 2013 No Comments yet, your thoughts are very welcome

I was surprised to learn that reputable buyer’s agents are still promoting the idea that property prices will appreciate at 10 per cent per annum at their seminars and home-buying shows. It seems that sometimes people almost want to hear that prices will boom interminably ...

“Land Appreciates and Buildings Depreciate” – True or False?

By Pete Wargent on 18 Jun 2013 No Comments yet, your thoughts are very welcome

It’s no surprise that with the property market on the upturn, the usual parties are back talking up investing in property in remote locations. SMH reported that Cairns might be about to "awaken from its coma," but is that bad advice? ...

Will Property be the Hottest Asset Class for the Next Five Years?

By Pete Wargent on 11 Jun 2013 No Comments yet, your thoughts are very welcome

Mark Bouris caused a bit of a ripple this week by suggesting that the Australian property markets will represent "the hottest asset class you can possibly think of" for the next five years. Of course, just as a hairdresser is probably not the best person to ask if you need a haircut, so it is in this instance, but is Bouris likely to be right? ...

The Basic Characteristics Of Property As An Investment

By Pete Wargent on 4 Jun 2013 3 Comments

I sometimes get so engrossed in analysing ABS figures, like the nerdy CA that I am, that I forget that some blog readers are new to the idea of property as an investment. Let’s take a look today at six of the basic characteristics of property as an investment and what causes prices to move ...

Fisher’s Money Illusion

By Pete Wargent on 28 May 2013 No Comments yet, your thoughts are very welcome

In 1928, Irving Fisher wrote an important book called The Money Illusion, which explained how we as humans tend to think in currency in nominal terms rather than real terms. It’s an illusion, particularly because now in the modern era we have fiat currencies ...

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