About a month ago I wrote an article about how the stories we tell each other help promote increasing house prices through misinformation.
My $100,000 increase in house price was actually a big loss due to $273,000 in home ownership costs […..]
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 […..]
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 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 […..]
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 […..]
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.