Where there's smoke, there's burning questions!

Where there’s smoke, there’s burning questions!

Kevin Young Insights 0 Comments

The media love to fan a fire, and the tug-of-war on property lending has given them plenty of hot air to blow! I’ve been flooded with questions from members on many of these. Questions are good – without them you won’t get answers. So here’s my view on some Property Club member’s questions that might also be on your mind. …

Worried family

How to Outwit Bracket Creep

Kevin Young Insights 0 Comments

Each year, thousands of Aussie taxpayers are being bitten by that sneaky little tax bug known as “bracket creep”. It sucks out the benefit of pay increases and stings wage earner’s spending power. Couple this with threatened GST hikes and the APRA lending noose constraining building supply, the bug is well and truly going to bite the Government in a …

selling by a bad real estate agent

Shocked into Selling? Beware of the Advocate Agent!

Kevin Young Insights 0 Comments

“Buying property is not a risk free investment.” Last year the RBA issued this statement. It has also been reinforced by the latest figures from Core Logic who record every property sale in Australia. It showed that 10% of properties sold are sold at a loss and the average length of ownership of these losses is six years. The average …

A squeezing lemon

APRA Lending Squeeze is a Lemon

Kevin Young Insights 1 Comment

  The recent moves to restrict bank lending to investors in order to dampen price growth clearly shows that APRA have the historical knowledge of a toddler. The last property boom from 2001-04 went much higher than we’re currently experiencing, but then self-corrected as housing supply came through. The charts below expose their ignorance.     Yes, property prices are growing …

Cargo ship unloading trade items for Australians

Trade Secrets – it’s all in the charts!

Kevin Young Insights 0 Comments

If you listen to the media you’d be convinced that it’s all doom and gloom. You’d be forgiven for thinking that the country is going broke. However, if you have a closer look at our current account balance, shown in the chart below you’ll see why I think we are heading for the Golden Era. The orange line indicates the net …

Tradies in Australia

The Great Hockey Puck destined to kill an industry!

Kevin Young Insights 0 Comments

Joe Hockey has just taken one mighty swing with a deadly punt that is likely to wipe out thousands of jobs in the building industry. The latest announcement by Australian Prudential Regulation Authority (APRA) to limit investor finance in an effort to cool the housing industry is so far off the mark, it’s likely to destroy any chance our country …

alarmed about the budget

The Budget – Alarmed or armed for your Future?

Kevin Young Insights 0 Comments

This week’s budget announcement was yet another wake up call for those drifting through life hoping that Super will look after them in retirement. Those are people destined to be among the 95% of Australian retirees living a very poor lifestyle. We know the Government is gradually pushing the retirement age up. Soon it will be 70 and then 75.  …

Dead Frogs and Interest Rates

Kevin Young Insights 0 Comments

… and why Stevens needs to be sacked (as the head of Treasury was). Do you know the story about the frog in warm water? Little by little the water temperature was increased and the frog didn’t notice until – he suddenly died!  Yet, this little bit by little bit is the same practice of Glen Stevens. Ever since he …

ATO tug of war

The good, the bad and the ATO

Kevin Young Insights 0 Comments

As property investors, if we don’t pay any income tax (due to negative gearing) are we bad Australians or good Australians? I believe we are good! Why? Because the Government encourages people to not pay tax, instead creating real jobs and real tax payers. Yes. So what have Kathy and I and Property Club achieved just in the last twelve …

Stack of Australian Dollars

Budget bull

Kevin Young Insights 0 Comments

For the last two years the media has been full of the budget crisis and the need to tax, tax, tax to bring it back to zero or surplus.  I think instead of “tax, tax, tax” the cry should be “jobs, jobs, jobs”. We did have 4.3% unemployment before the RBA’s rate hike madness back in 2009 (we did picket …