When we went past the USA in terms of homeowners with maximum square acreage all over the world, there was no denying that our penchant for McMansions was not a myth. The objective yardstick proved this clearly. Where the growing population of the world, dispersed around the city and suburbs, dreamt of indulging in small spaces close to the well-heeled zones- full of amenities and facilities, we Australians were quite fulfilled with having big backyard spaces and barbeque zones.
Archives for January 2015
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Real Estate Mistakes You Did Better Avoid
Very few property investors succeed in realising the potential they had seen in the market while jumping in it. Some of course lack the discipline, the Due Diligence and the hang of the craft itself. Others get driven by the herd mentality seeking safety in numbers. There are still others who fail to grasp the topic objectively and are trapped by bust-worthy myths. Fathoming real estate is no child’s play and it can give you those real awkward ‘blooper’ moments. Let us look into a few real estate mistakes we did better avoid in the year 2015.
Free Trade Agreement to Boost Chinese Real Estate Investment
An article on The Adviser talks about Australia entering into a Free Trade agreement with China and this, if anything should further boost entry of the Asian giant into the Australian real estate. Australia gives an impression of regulatory transparency, stable economy and less red tape; together this makes for a perfect recipe and substantiates why many look to invest here.
In-demand sites may see prices rising further due to competition between Chinese investors and the local ones. There is no denying that the Australian dollar is helping the Asian cause.
You can read the original article here.
Shy Away from Apartments with Foreign Investors
In an article for the website Property update, Michael Yardney talks about the risk of investing in apartment properties that have a fair percentage of overseas owners. In fact, Yardney recommends owner-occupiers against buying in apartments that are dominated by investors.
Understanding Local Dynamics is the Key to Property Investment
National averages give you a decent impression of how things are going over the national scene. Yet, investors, who are worth their salt, will tell you why it may not be enough. You need to have a tight grip over the local dynamics before you think of property investment. Aren’t the reasons simple enough?
Foreseeing 2015 Property Market Trends
In an article for the Switzer Daily, John McGrath expresses his lack of bullishness about Sydney’s property market prospects in 2015. He does not expect the market to take a reverse turn but certainly anticipates a mellow down in prices.