Patrick Bright's Blog

Blog

13 May 2010
Are you in the know?? Real estate experts discuss changes to foreign investment rules

Do you know who you’re competing against when buying a home or investment property after the Federal Government announced even more changes to the foreign investment rules on April 24?

What impact has the foreign investment rules had on our real estate market over the past 16 months and what impact will the new changes have going forward? How has it affected supply and prices and what’s likely to happen in the near future...

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5 May 2010
Bringing back stricter rules for foreign investors in Australia is a good thing!

There’s been plenty of discussion in recent months about the increase of foreign buyers pushing up Australian real estate prices in established areas after the Federal Government relaxed the regulations last year.

You don’t have to be a rocket scientist to understand that relaxing the FIRB laws was always going to increase demand and apply pressure on prices to rise for the limited stock that is available already. After realising the consequences of its decision the Federal Government has announced more changes – some reverting back to the previous policy position while others are new...

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3 December 2009
Q. I noticed a story on Today Tonight about buying property in the USA this week. It seems very cheap, what are your thoughts in regards to this?

A. With any property or other investment purchase you’re taking a risk. If you want to increase that risk then buy in an area that you’re not familiar with - and if you really want to take your risk to the extreme then buy in another country...

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16 July 2009
Beware the low interest rate lure

Don’t go overboard with the current low interest rates. Whilst rates are at 49-year lows, remember that they won’t stay at these levels for the long term...

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8 July 2009
Don't trust all you see online

With our busy lifestyles it’s easy to take short cuts to speed up the process. In real estate I’m finding more and more buyers are relying heavily on internet searches to find their new home or investment property. While the real estate internet sites are a good starting point they cannot replace physical inspections...

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