Where to buy a first home in LA, SF, Seattle and Vancouver

Head out from Australia’s Eastern Seaboard across the Pacific Ocean and you’ll soon find yourself on the western shores of North America. Here, within the American states of California, Oregon, and Washington – and then over the border Vancouver, British Columbia, Canada – a phenomenal change is being seen in local real estate markets underpinned by tech-driven business and/or the rising purchasing power of investors from Asia.

Just as daily news in the booming Australian property markets of Melbourne and Sydney perpetually talk of the growth and competition within Australia generated by investment from wider Asia (and especially China), so too is investment across the North American West Coast bringing about some exciting changes. By contrast, it is also providing a real challenge to first-time home buyers seeking to enter the property market and acquire their first home.

Yet, within a number of the hot button real estate cities there do remain some neighbourhoods and pockets of land where a good first home can be found at a price removed from the heights depicted in the headlines. So, let’s look now a little more in-depth at the West coast market with a city by city overview of Los Angeles, San … Click to continue reading

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7 Great Books to Grow Your Real Estate Knowledge


Seven is surely a lucky number if you’re rolling the dice and betting big at the casino. Yet, for those who seek to pursue a more prudent investment strategy – and one with better odds overall! – seven also is a great figure for the number of books you can read to begin to grow your understanding of real estate and property investment.

So, lets look now at the ‘Magnificent Seven’ you can read to build your investment knowledge from the ground up. These books are all authoritative yet easy to read, detailed yet not dense, and all easily acquired online. Here we go..

Rich Dad Poor Dad by Robert Kiyosaki

This is a famed yet foundational text to read for anyone keen on growing their wealth and investment portfolio over time. While not exclusively focused on real estate, it is very much a rite of passage for anyone who is interested yet may feel overwhelmed when first seeking to learn more about investing and building up their wealth throughout their life.

Though the book’s title may at first appear less-than-stellar, the lessons detailed throughout the book are provided in a autobiographical fashion that makes Kiyosaki’s writing come across as … Click to continue reading

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Melbourne and Sydney property markets vs the World


Large-scale investment from Asia and particularly China is not confined to Australia. Yet, skim some local headlines on your phone or pick up any Sunday morning paper and you’d be hard pressed to find a mention of the word that is crucial to any report on the trend: context.

New York. Where a huge Chinese investment boom is also occurring. Picture: supplied.

New York. Where a huge Chinese investment boom is also occurring. Picture: supplied.

Certainly, both the Melbourne and Sydney property markets have been going through a certifiable surge in recent months and years. Yet, neither Melbourne nor Sydney nor wider Australia is unique in this regard. At all.

Simply put, foreign investment by Chinese investors is immense the world over right now. From Melbourne and Sydney to London,  New York, Toronto and beyond. Chinese investment is big business. To most this is not news, but now and then some of the more sensationalist coverage in Australian media deploys a ‘blind spot’ this reality. So, here now a ‘just in case’ overview…

The “China Challenge” for Australia’s economy

For those yet to encounter the debate surrounding Chinese investment in Australia it is largely is as follows. While Australians may welcome the economic growth and greater wealth that comes Click to continue reading

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Drones: The challenges of UAV regulation in Bayside and beyond (PII)

by Ed Kennedy

This is part II of the Unmanned Aerial Vehicle (UAV) article, following on from my conversation with Nicolas Pette, owner and operator of drone company Drone Under last week. Part I here: http://www.baysidecitizen.com/?p=483

As it stands the wider industry has presided over some considerable growth in a number of areas in recent months, and particularly as it relates to real estate, the environment and recreational use – all areas that may have a notable impact on the way Baysiders live, work and play. This is because the use of UAV has revolutionized -for the better – the way real estate agents are able to show off high-rise apartments, farmers ability to observe crops and land, and amongst recreational uses, provided a whole new way to film daily adventures. By contrast, the challenges surrounding the use and regulation of drones remains considerable.

One of the chief concerns going forward shall be the safe use of drones – especially by recreational users- and especially as applies to circumstances surrounding emergencies. Numerous incidents have been reported in recent months surrounding drone users letting their devices take flight while a police, fire, or ambulance emergency is underway. While CASA has issued

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Over our heads? Unmanned Aerial Vehicles and the issues surrounding free flight

by Ed Kennedy

Drones are a big business right now. Since their emergence on the market in recent years, Drones a.k.a Unmanned Aerial Vehicles (UAV), have been taken up and adopted for use by an array of Baysiders.

To many, these machines are used for recreational tools, and often seen in compliment to the ‘mini action cameras’ – such as Go Pro – that allow people to film their often high-octane adventures.

By contrast, for an increasing number of filmmakers, documentarians and entrepreneurs, these aerial cameras represent a new frontier when it comes to building a brand and business.

Yet, there is also a downside to the rise of the availability of these drones with security, privacy and even logistical concern – due to the sheer amount of new UAVs in the sky posing a potential problem to those on the ground.

With it understood the Civil Aviation Administration Authority (CASA) is set to re-examine the laws surrounding drone flight in Australia – currently viewed by critics as minimal and insufficient –an examination of this new and oftentimes not yet fully understood area of aviation is worthwhile.

Nicolas Pette, is one such example of a local who ‘taken to the

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