Posted at 09:30h
in
General
by Oktay Sengoz
APRA and the RBA wish has been to slow down the 2 main property markets in Australia, Sydney and Melbourne without impacting the rest of Australia and they have achieved it. You see, if the RBA just increased the cash rate across Australia, which is what they...
Posted at 09:26h
in
General
by Oktay Sengoz
There are two major problems with super funds in Australia, which are costing Australians $3.9 million per year.
People usually have multiple super funds
People have their super in chronically underperforming funds
Let's start with the first problem.
Each super fund account has annual fees and default...
Posted at 11:15h
in
General
by Oktay Sengoz
A month-long compulsion to buy something, anything, for everyone.
How many times has a child opened a gift with a whole lot of excitement. Enjoying the process of unwrapping the gift and then 5 minutes later forgetting that they even received the toy in the first...
Posted at 09:06h
in
General
by Oktay Sengoz
If you look at any real estate agent's website or just simply visit real estate.com, you will notice there are many properties listed for sale. When you apply simple supply and demand equations there are more people trying to sell than people willing to buy....
Posted at 10:29h
in
General
by Oktay Sengoz
Australians are in love with granny flats, and why wouldn't we be? They provide a secondary income, they can be low cost and they should increase the value of your home right? We have seen the popularity of granny flats soar in recent times as...
Posted at 08:48h
in
General
by Oktay Sengoz
AFL vs NRL, St Kilda Beach vs Bondi Beach, Norton St vs Lygon St. There has always been a rivalry between Sydney and Melbourne. Melbourne is known to be the sporting capital and Sydney is known to have all the landmarks. The competition between the...
Posted at 09:55h
in
General
by Oktay Sengoz
You don't want to be that person that purchases an Investment Property and then realises it's no good, then you try and sell it and no one wants to buy it.
Whatever the industry, when times are good in business, you attract of a lot of...
Posted at 10:34h
in
General
by Oktay Sengoz
There is one benefit to the softening housing market and the media shoving headlines down our throat about house prices dropping 40%. That benefit is that first home buyers or people trying to get back into the property market can now see an opportunity to...
Posted at 09:46h
in
General
by Oktay Sengoz
You probably know how I feel about the media by now, however, on Saturday, we received a good news story for a change. Our clients who we met at a free Lunch and Learn educational event we host on a regular basis at different WeWork...
Posted at 11:30h
in
General
by Oktay Sengoz
You may have read in my previous blogs that I am no fan of the media and how they influence our views on various topics, especially the property market. I have been in this industry for over 17 years now and I have never agreed...