Housing

Rent prices are linked to income, not house prices

Rent prices are linked to income, not house prices

Previously I’ve written about the hidden costs of home ownership, that housing is not the dream, so called property gurus, and false housing stories. Anyone would think that I am against home ownership.

I am not against home ownership. I am for maths and facts.

So that brings me to today’s short post based on a common misperception of current and wannabe landlords […..]

Where are all the property gurus?

Where are all the property gurus?

When was the last time you read an article about hose prices in New Zealand? My guess is it hasn’t been too recent.

Up until last year there were articles daily. “Record house prices”. “I made $500,000 flipping property”.

Banks, property developers, property investors, and real estate companies were all actively promoting content on our computer screens. Where have they all gone now? It’s been extremely quiet […..]

How housing stories create fire

How housing stories create fire

Just over a month ago I published an article about the sale of my apartment. I have had a couple of clients and readers comment that I must have done well from the sale.

Well here I am to pour fire over popular opinion of housing. The housing market is so hot because of all these stories we tell ourselves. I made $100,000 in 10 years sounds pretty exciting doesn’t it? But it doesn’t tell the whole story […..]

The plight of millennials

The plight of millennials

The difference between millennial's and previous generations is not minor. The difference is the world is currently a much tougher place financially.

I can hear boomers spitting out the coffee as they read the opening sentence. “Honey, I can’t believe what I am reading. Look what this clown is saying about those entitled, selfie taking, avocado eating, Laté drinking, slackers. He is saying they are the same as you and I were at that age. Unbelievable […..]

Millennials - stop eating all the avocados

Millennials - stop eating all the avocados

In 2017 an Australian rich lister named Tim Gurner made headline news proclaiming that millennials can’t afford homes because they spend too much money – mainly on avocados apparently!

“When I was trying to buy my first home, I wasn’t buying smashed avocado for $19 and four coffees at $4 each

I don’t know if I am supposed to be offended. You see […..]

Deciding the "pay off mortgage or invest" debate

Deciding the "pay off mortgage or invest" debate

Lucky you, three posts this week.

I was invited to do a guest post at the ESI Money blog where I discuss the decision to pay off the mortgage or invest. Check out the comments as well for more thoughts on the matter.

While here, check out the ESI Money millionaire series of interviews. If you want to increase your net worth there is no better way than to learn from those who have already done it.

Have a great weekend.