Another week, another bunch of conflicting weekly emails arriving in your inbox from agents about the state of the market.
Category: Blog
Greetings friends and trolls, this newsletter has been a long time coming, my inner circle tells me it’s time to lift the vibes so here we go…
Sorry I’ve been a bit quiet lately, I don’t mean to be the town crier of doom and gloom but it’s been hard to write my normal chirpy upbeat missives in such precarious times.
Well, if you thought the brisk headwinds cooling the property market couldn’t get any fresher, this week the Labor Government delivered another blow by abolishing lending in SMSFs for residential property.
I’m not going to lie, I was struggling to write a newsletter today…it just feels so stodgy and low energy out there.
Let’s face it we are living in anxious times, interest rates are rising and uncertainty is the new black…
According to Wikipedia “tumbleweed is a dry, bushy plant that breaks away from its roots upon dying and is rolled along the ground by the wind. It is most famous for its use in Western movies to visually symbolise emptiness, desolation, or a deserted area”. They may now update this definition to include the state of the current Australian property market.
This week I wanted to start off by paying a special tribute to a much revered member of the real estate market place, the investor…farewell old friend.
At my ever popular colleague Bindi’s request this week’s newsletter “needs to be more positive”, it would seem that my last outburst spooked some of the locals.
After two highly successful stays with the family at a minimum-security 4 star compound in Fiji I finally convinced my wife that the next holiday with the kids had to be in Queenstown.