A friend of my father’s dropped by. He was ‘proud as punch’ that his son had settled on his first home – a $750,000 two-bedroom house in a blue-ribbon Melbourne suburb.

More homes unsold means more choice for buyers, meaning sellers will eventually drop their prices – as we’re experiencing right now.

“I’m going to sell my apartment”, announced my girlfriend. She may as well have been asking me to pass the butter, she was so cool, calm and collected – like a female Donald Trump (but with much, much more hair).

What we’re seeing in world share markets is a slow motion car crash that neither side appears willing to avoid: much of Europe is being held together by a pilsner and a baguette, and the Americans are racing towards their next debt ceiling (and an election)…

Lean in a little closer. Today I’m going to show you how to become wealthy for life. Even in these turbulent economic times. And I’m not just giving you my ‘opinion’ – it’s all backed up by rigorous research.

‘Right now it’s better to rent than buy.’ If only it were that simple.

Negative gearing is really just a socially acceptable way of saying ‘I’m losing money’. So how much are you out of pocket?

My husband and I bought our home nearly five years ago. We borrowed more than the house was worth. We’ve got ourselves into a really bad position, and we want to know what steps we can take to get ourselves out of this mess!