G’day, Welcome to another episode of Ask Kevin Young, this week I’m asked if I have any tips for investors incase of a future global financial crisis. Funnily enough the 2008 GFC didn’t affect Australia, so as an Australian property investor there isn’t too much to worry about. The Great Financial…
G’day In this weeks episode I’m going to discuss when Brisbane’s property prices are going to take off. Currently, Brisbane’s growth is sitting on the ground floor compared to some other major cities in Australia. The media has spun this by saying the growth has been going back 4% each year, but…
G’day, In this weeks episode I'm in Sydney to discuss what's known as the grey haired campaign & if you should be using your kid's signatures to increase bank lending to help them get a foot in the property market? The main problem is that the banks are putting a credit squeeze on Grey Haired…
G’day! Tania noticed that I sold a property on Driftway Drive in NSW, and was wondering if it was due to issues the property has. I sold because I'm being squeezed by APRA. Watch the video to find out how. Happy Investing! Regards, Kevin Young
The Rudd years gave us the trifecta of bad leadership, Rudd, Swann (Treasurer) and Stevens (RBA Governor). Have we got any better now? Turnbull; we’re still waiting to find out how he is going to shift our 10% underemployed to jobs. Remember his predecessor, Abbott, was going to be the…
This was in the media earlier this week – an offer for as little as $100 for a share in a residential property. The only winner here is the promoter who is going to take 2.75% of each and every $100. Those who put the $100 in will find it very difficult to get any money out. The property would…
When the northern hemisphere financial crisis hit, Obama moved to prop up the mortgage originators called Fannie Mae and Freddie Mac by some $251 billion as some mortgage holders left their properties and posted the keys back. By keeping both these institutions alive with these funds the economy was…
Last week we went through my wish list for the RBA to action! This week I want to talk about our economy and how we can make it more efficient so that we can employ more people. If you have worked your full hours for the week according to your award and you have been asked to work more hours you are…
The Question You All Want Answered About Rates I've just finished meeting you all at our workshops in each of the capital cities and this would be the most popular question - "should I fix?" Personally I say NO! Firstly as above, the banks are sitting on fatter margins and can afford a better rate…
The papers regularly tell horrific stories of people who have lost hundreds of thousands of dollars on investments that could have been avoided with correct advice. A young couple were awarded investors of the year by a reputable property magazine, but it turned out later that they had invested in a…