Property Investment, Success & Money | The Michael Yardney Podcast

Well, we’re into Spring, which is traditionally a great time to buy and sell properties, but what’s ahead for our housing markets for the last quarter of 2022? Looking back on the year so far, our housing market had a lot to contend with. Coming off a once-in-a-generation property boom in 2021, our markets had to contend with floods, bushfires, geopolitical problems, a federal election, inflation, rising interest rates, and falling consumer confidence. Last year almost all property markets around Australia saw strong growth in house prices, but this year the markets were more fragmented, with the Sydney and Melbourne property, in particular, slowing down while the markets kept up their momentum. So back to my original question, what’s ahead for property for the rest of this year? That’s what Dr. Andrew Wilson chief economist of My Housing Market, and I discuss in today’s Podcast Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Spring Property Market Preview, with Dr Andrew Wilson

It looks like inflation will soar to nearly 8 percent by Christmas and be chased by interest rates that together will send people’s ability to pay for things further into reverse, halt the jobs boom, and put the brakes on economic growth. I know many people are preparing for a rocky road ahead.  But I don't necessarily agree with them. If the government and Reserve Bank get their settings right, inflation will moderate next year and slowly return to within the RBA’s target range, unemployment will hover around 4 percent, real wages will start to grow, and we will end up with that desirable soft landing. However, I'm a fan of being prepared and not having a crisis rather than ending up in a crisis and not being prepared. So once a month, I catch up with leading economic commentator Pete Wargent in these monthly Big Picture podcasts when we look at the macro factors affecting our economy and our property markets. Links and Resources: Metropole’s Strategic Property Plan – to help both beginning and experienced investors Get a bundle of free reports and eBooks – www.PodcastBonus.com.au Pete Wargent’s new Podcast Pete Wargent’s blog Shownotes plus more here: To buy or not to buy? That’s the question, with Pete Wargent   

They say blood is thicker than water, but when it comes to distributing your wealth on your death, human instinct can take on a darker side because money is involved. So, no matter what your age is, planning your estate is an important matter. Estate planning goes well beyond drafting a will, so no matter how young or old you are, I think you will benefit from my chat with Kevin Raiss today. Estate planning involves arranging your assets and circumstances in such a way as to ensure that your beneficiaries after your death receive from your assets maximum use and enjoyment at a minimum cost in taxes and heartache. And you can’t start this too early, so in today’s podcast, Australia’s leading property tax strategist Ken Raiss and I explain what estate planning is and what you should do about it. Links and Resources: Michael Yardney Ken Raiss, director Metropole Wealth Advisory Have a chat with Ken Raiss to ensure you have the correct asset protection strategies in place – click here In turbulent times like we’re experiencing, why not get the team at Metropole on your side to give you holistic property and wealth advice– find out more here Shownotes plus more here: Estate Planning matters you really must understand, with Ken Raiss

Today I’m going to share two interesting topics with you. First, I’m going to explain to you why I don’t believe the current round of property naysayers and I hope by the end of today show you won’t believe them either. Then I’m going to be chatting with leading artificial intelligence expert Dr. Catriona Wallace who has been recognized by the Australian Financial Review as the most Influential Woman in Business & Entrepreneurship. Dr. Wallace predicts robots will be a key part of business teams by 2030. You probably listen to this podcast because you want to understand more about property investment, success, and money, so what does artificial intelligence have to do with all this? Well, by the end of today’s show, you’ll find out. Links and Resources: Michael Yardney Dr. Catriona Wallace If you’re keen to buy your next home or investment property why not get the team at Metropole to build you a personalised   Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Why I never believe the property naysayers (and you shouldn't, either)

Today I want to share some top wealth-creating insights that Brett Warren and I gained at Wealth Retreat. This is Australia’s number one learning and networking event for already successful property investors, business people, and entrepreneurs, which we held on the Gold Coast in March. As I spoke to many of the attendees from previous years, I was blown away and humbled by the feedback as they explained how Wealth Retreat had changed the way they handle their investments, business, and in fact many aspects of their life and how it was the best event they had ever attended. So, what did they learn? That’s what we’re going to discuss today. Wealth Retreat 2022 Lessons This year’s Wealth Retreat on the Gold Coast has now been and gone. There were 100 successful property investors, business people, and entrepreneurs in the room. And while they learned some great lessons from the world-class presenters up on stage, they also learned from the other guests over the 5 days. After all, how often do you find yourself in a room full of successful, like-minded people, that walk and talk the same language? Opportunities like this are few and far between and not to be missed. So today, I’m joined by Brett Warren, national director of Metropole who’s been to Wealth Retreat over a dozen times, to see what lessons he learned, or re-learned, that he could share with you. Links and Resources: Michael Yardney Brett Warren – National Director Metropole Property Strategists Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get a bundle of eBooks and reports = www.PodcastBonus.com.au Shownotes plus more here: Critical investment lessons we learned at Wealth Retreat 2022 with Brett Warren

Negotiating is a part of living; we do it all the time. When you walk down a crowded street, you negotiate the path you take. A couple negotiates their relationship before and during the marriage.  And of course, negotiation is one of the skills developed by all savvy property investors and businesspeople. Over the years, I’ve noticed that some people are very good at getting terrific deals. Most others simply get what the other party is willing to give. What’s the difference?  In my mind, it’s that the first group knows how to negotiate. It's more than that; they know how to influence and persuade others to do what they want. So today, I discuss the topic of negotiation, influence, and persuasion with Mark Creedon, founder and CEO of Metropole’s Business Accelerator Mastermind. Links and Resources: Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Why not join Metropole’s Business Accelerator Mastermind Learn more about Mark Creedon – Business Coach to some of Australia’s leading entrepreneurs  Get a copy of Mark’s new book here – Have a Business, not a Job Get a bundle of eBooks and reports – www.PodcastBonus.com.au Shownotes plus more here: Top negotiation tactics you must learn to succeed, with Mark Creedon

What’s really going to happen to our property market? Are they going to crash like many economists and market commentators suggest? I recently read a headline suggesting the recent unemployment figures will be the final knockout blow for our housing markets. Now I agree the RBA will keep ramping up interest rates, which will further stunt consumer confidence because, of course, that’s what it is intended to do. And yes…property values will fall, but how much will they fall, and how worried should you be? That’s what leading independent financial advisor Stuart Wemyss, and I discuss in today’s podcast. To make things clear, we are not eternal optimists, and I believe will offer you a realistic view of the risks ahead and the supporting fundamentals. I hope that at the end of today’s show, you’ll be able to sleep a little better. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart’s Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Shownotes plus more here: How scared should you be about the property crash ahead? With Stuart Wemyss

Australia is in the middle of a rental crisis. But interestingly, in the month of July, asking rents for houses didn’t increase. Is the end of the rental increase after the spectacular rent increases of the last year or so? Far from it, and in today’s podcast Dr. Andrew Wilson and I discuss some interesting unintended consequences that are going to occur from the various governments’ interference in our housing markets that will affect our rental markets. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us. Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Here’s why our rental crisis will only get worse, with Dr. Andrew Wilson

What makes an A-grade Home? That’s one of the questions we answer in today’s question-and-answer podcast with Belinda Botzolis. We also answer the question of whether this is the right time to buy, sell, or hold – which is a question on the mind of many home buyers and investors. Belinda has been a valuer for over 16 years and now brings her passion and years of experience to her role as one of the Property Strategists at Metropole, and I'm sure you'll find her answers insightful.   Links and Resources: Michael Yardney Belinda Botzolis – Senior Property Strategist Metropole Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Get your bundle of free eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: Should I buy, sell or hold Q&A day with Belinda Botzolis  

If there was a baby boom in the 1950s then there must be a baby bust in the 2020s as Boomers exit the workforce. No, it’s not that the Baby Boomers are expected to die in droves in the coming decade, it’s that they’re right now exiting the workforce at a faster rate than Millennials and their successors are entering the workforce. And this has only been made worse by our locked borders because of the pandemic. To understand what this means for our economy and our property markets today I’m joined by leading demographer Simon Kuestenmacher who’ll give us insights into his latest research into what’s ahead. Links and Resources: Michael Yardney Simon Kuestenmacher - Director of Research at The Demographics Group If you’re keen to buy your next home or investment property why not get the team at Metropole to build you a personalized Strategic Property Plan – this will help both beginning and experienced investors. Get a bundle of eBooks and reports here:- www.PodcastBonus.com.au Shownotes plus more here: Demographics suggest that there’s going to be a skills drought, with Simon Kuestenmacher