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Evidence is that there is some down-sizing. However most BB are only just retiring now. 60-65 is not the age when too much space and maintenance becomes an issue. Wait another 5 years. Also remember that lots of people are basically forced to downsize because they can't afford to...

For a FP to be good they need to be very competent at a wide range of things. To give a client a custom plan, rather than just telling everyone to invest in a balanced fund or to buy an IP in a blue chip suburb on a 95% lend with an IO loan, takes more than 10 minutes of research...

I'll try to articulate my point. Being good at a job is irrelevant. Getting an interview at a good workplace (good pay and conditions) is often the hardest step. Uni grads get judged very quickly (few minutes at most) by what is written on their CV. There is still a stigma (probably...

Try to get an articles place at one of the prestige law firms with that degree. Try to get a grad place at a big 4 accounting firm or an investment bank. I'm exaggerating a bit. However my underlying point is that due to its lower prestige it isn't exactly a draw card.

Couple of points in favour of Rowville. 1) Sun glare is a real factor. Its part of the reason why traffic slows to a crawl over the westgate some days. You simply can't see when the sun is bright and directly in front of you low to the horizon. 2) There are no Uni's in the West. Vic Uni...

Cost to factor in. Staff time taken to do a deal. Remember it takes a couple of years for a bank to recoup the setup costs of many mortgages. Managing a massive portfolio. What to keep, what to sell, what to repair, etc... Good staff aren't cheap. Actual cost of a staff member can be as...

One factor that has kept Australia from the excess' of other countries is that we have comparatively higher interest rates and inflation targets. Our inflation target is 2-3%. US is 1-2%. Europe is more like 1%. Retail Interest rates here have usually been 2% or more higher than in the...

Market is definitely flat in the places I have looked. Indicators: 1) Lots of passed in properties 2) No big results in my area 3) No low prices being reported as sold (maybe not reported). My theory is that sellers have mostly set their reserve and aren't going under it. Buyers are...

But not constricted supply of immigrants? The issue with supplying credit often comes down to interest rates (Econ101 you can fix the supply but not the price or you can fix the price but not the supply). Governments all over the world like the idea of low interest rates because it promotes...

What about putting your cash in a term deposit which pays you more inflation? Property investment relies on getting capital growth above inflation. This is a reasonable expectation. However it then means that residential property is likely an ever increasing fraction of national asset...

Landlubber, I disagree with you. For a negatively geared investment to be success it requires someone in the future to buy at a higher price. If the number of properties sold every year is constant then the amount of dollars entering the market has to increase every year so that prices keep...

Also remember that all repairs etc... have to get paid for by the other couple. It takes a fair degree of trust to be prepared for that level of financial entanglement.

Partly you have to wait for the magic of compounding to take hold. Two years of ok CG and rental growth makes a difference. Two years of 4% wage inflation helps. Investing a large $$ amount relative to your income in IPs over a short period of time requires a certainly personality type...

In terms of long-term upside I think a house has more possible options. e.g. extension or sub-division or sell to developer. Units have already had the development potential captured so you would want a higher rental return I think. However houses being larger usually have the potential...

Just looking at the Lilydale/Belgrave trains lines in the east. To get a 3bdr house with backyard within walking distance of the station under $500K I suspect you are looking near stations beyond Ringwood. Maybe Bayswater or Boronia. Definitely Croydon area. Ringwood itself is tricky...

It would change the dynamic of new property investment. Basically the price of a property would be X times the rent, where X is based on a long term fixed interest rate. This is roughly the case in some european countries where there in basically no population growth. The problem would be a...

Simple thought. Over a reasonable horizon housing should rise at a minimum inline with inflation. Its pretty tricky to see the ups and downs whilst in the middle of them. 3% a year price rise is about $15K a year. Even if things got flat for 2-3 years, on your 5 year timescale it seems like...

Any limit of immigration can only be set if you close the NZ backdoor entry. 50,000+ Kiwis a year (with degrees from good unis) moving to Melbourne and Sydney is a big chunk of the migration population. Limiting family migration will be really popular when upper middle class people who want...

3bdr unit in Maidstone for low 300s sounds suspiciously cheap to me. I don't know the area so maybe that is normal. My experience is that in many areas (other than the country) if agents are quoting something will rent for $X per week but sell for less the $X thousand they are fibbing...

Remember that in the 70s there was what was referred to as hyper-inflation in most of the anglo-sphere. Double digit annual inflation for years. Also remember that what broke the inflation cycle was brutal interest rates (15+%) that led to the late 70s recession in the US and brought Regan to...