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 ...
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 ...
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? ...
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? ...
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 ...
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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