BOOM TOWN: Why The Property Market Will Boom
Rich people love owning property. They know they literally do not have to lift a finger (or spend a dime) and the value of that land will increase. They know their mates in the government will unfairly tax the majority (poor people) and with all that tax money they will improve infrastructure and amenity in...
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I always go back to good old supply and demand.   Usually it comes down to supply and demand of either or both money and property. Population growth is no different.  Common sense tells you that more people create a need for more housing.  Therefore, it will increase the demand for property.   The supply of money...
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In Part 3 of this series I’m going to touch on how government schemes always help push the market higher.  People like to blame events like booms and crashes on one thing.  It’s nice and convenient to blame one thing.  The GFC was caused by “the bankers”.  The dot com crash was “tech speculators”.  The...
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The Dubai Effect
Why The Property Market Will BOOM: Part 2 The Dubai Effect I first heard of The Dubai Effect around 4 years ago. It was a conference where demographer Bernard Salt had given a 45-minute presentation. He explained where we are and what direction our nation is headed in the context of being in a room...
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My name is Will Bell, I run a small mortgage broker business in Melbourne.  I guess you could say I’ve got front row seats to the spectacle that is the property market.  We see property market boom followed by property market boom.  In my mind history is set to repeat.  I think we will have...
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I’ve been in finance for 10 years now and feel like I can finally call my self experienced. I started out working for Westpac and after a few years I figured out that a life of slaving away trying to sell products to customers that didn’t want products sold to them was not going to get me much satisfaction.