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 […..]