Pete Wargent blogspot
Co-founder & CEO of AllenWargent property advisory, offices in Brisbane (Riverside) & Sydney (Martin Place) - clients include hedge funds, resi funds, & private investors.
4 x finance/investment author - 'Get a Financial Grip: a simple plan for financial freedom’ (2012) rated Top 10 finance books by Money Magazine & Dymocks.
"Unfortunately so much commentary is self-serving or sensationalist. Pete Wargent shines through with his clear, sober & dispassionate analysis of the housing market, which is so valuable. Pete drills into the facts & unlocks the details that others gloss over in their rush to get a headline. On housing Pete is a must read, must follow - he is one of the better property analysts in Australia" - Stephen Koukoulas, MD of Market Economics, former Senior Economics Adviser to Prime Minister Gillard.
"Pete Wargent is one of Australia's brightest financial minds - a must-follow for articulate, accurate & in-depth analysis." - David Scutt, Business Insider, leading Australian market analyst.
"I've been investing for over 40 years & read nearly every investment book ever written yet I still learned new concepts in his books. Pete Wargent is one of Australia's finest young financial commentators." - Michael Yardney, Australia's leading property expert, Amazon #1 best-selling author.
"The most knowledgeable person on Aussie real estate markets - Pete's work is great, loads of good data and charts, the most comprehensive analyst I follow in Australia. If you follow Australia, follow Pete Wargent" - Jonathan Tepper, Variant Perception, Global Macroeconomic Research, and author of the New York Times bestsellers 'End Game' and 'Code Red'.
"Pete's daily analysis is unputdownable" - Dr. Chris Caton, Chief Economist, BT Financial.
Invest in Sydney/Brisbane property markets, or for media/public speaking requests, email email@example.com
Tuesday, 16 July 2013
UK property prices record all-time highs after 7 consecutive monthly rises
In truth it's been a two-speed story all along.
In cities such as London and Cambridge in the populous south-east property price gains have barely skipped a beat over the last 5 years and analysts expect this trend to continue.
It's why I have always advocated prime locations where property demand is highest.
In Britain, those who opted for medium-density dwellings including flats, townhouses and maisonettes in the quality suburbs in and around London have seen their property portfolios outperform.
Those who opted for higher-yielding detached housing in the north of the country where demand has been much lower (in particular because of the migration to the south-east of the country) often remain in negative equity many years on.
It's a salutary for property investors no matter which country they are in - you need to identify areas where there is little land for release and population booms can create housing shortages. And the south-east of Britain has this coming in spades.
The UK newspaper headlines have quickly reverted from "housing doldrums" to "housing in the south-east is unaffordable" seemingly almost overnight.
Full article here: