Yep CRE is bubbling away while RRE barely simmers. You and I both know it takes foreign money hot off the presses and BOJ bond buying to the moon and back to get the Japanese economy to show even small signs of life. 

The hot speculative money will juice the market here and there until they think they've got all they can from it and when it goes…[Read more]

Jpcashflow wrote:
Melbourne is in a recession 

And the contraction will continue for Vic (AU in general) for the foreseeable future. Globally we have over supply and over production. As demand decreases on global increases in both unemployment and underemployment (underemployment is rising in Australia faster than unemployment) the race to…[Read more]

Your team is the foundation of a PI enterprise and you should be the keystone that locks all things together. Everything and anything can trip you up but it's almost impossible to be successful for very long without the foundation need to support your efforts. Just like a building if you put good foundations under it and aim for the best quality…[Read more]

…and the European dimension to this saga continues on its not so merry way…

France is the second largest economy in Europe and 5th largest in the world. With Holland running things …what could possibly go wrong????

jmsrachel wrote:
Didn't your mother ever sing you Doris Day "que sera sera what ever will be will be".

The old girl was a good old girl but a hard tough taskmaster. One indelible memory I have as a youngster was her standing over me after giving me one hellova thrashing for some crime I can't recall and saying,  'I'll swing for you one…[Read more]

sciencesurf wrote:

I am far from understanding the complexities of investing.

You're in good company. I don't know anyone who is including the likes of so called Nobel prize winning economists.

Quote:
I guess only experience, exposure and a bucket load of reading will change that..

It helps. Until the GFC I only had a passing interest…[Read more]

This isn't helping things…

Late 2014 things will start to get much more interesting  as iron ore prices slide and especially if China drifts into crises mode.

Jpcashflow wrote:
Hey My Freckle,
Long time no speak, I am not longer at my other company, here is my new email for you anyway jpsaila@au.hellmann.net

Jump ship or pushed??

Quote:
On Thursday their is going to be some big news with Qantas and with any one saying that the Australian economy is looking good are not only lying to other but…[Read more]

The China story continues…

…On the outskirts of Tangshan, a city of 7 million people that makes more steel a year than the whole of the United States, the hulking cranes and chimneys at the Qingquan Steel mill are frozen in inactivity. Workers unpaid for six months went on strike in October and haven’t returned.

“In Tangshan and other parts…[Read more]

sciencesurf wrote:

So by dumb as chips muppets – you mean people that invest in property?? Get over yourself.

Again you show your lack of knowledge, comprehension or understanding. Investing is widely considered to be predicated on the the 'greater fool' theory. It requires someone more foolish than you to purchase your asset for more than…[Read more]

sciencesurf wrote:

Economists are guys that know 100 ways to make love but don't know any women.

I knew there was a reason I never took economics at uni…

Nigel Kibel wrote:
You will get used to Freckle he bashes everyone just check out my posts on America lol.

Everyone is somewhat of an exaggeration. I prefer to describe it as debunking group think and other mindless musings.

sciencesurf wrote:

Fantastic blogger, in my opinion

http://propertyupdate.com.au/harry-dent-on-australias-public-and-private-debt-true-or-false-pete-wargent/?inf_contact_key=30d20c5e9e7e064b4b14f7cf62cd63640d9e5385427d297d877a01df8de2fb48

The guys a tosser.

…Anyway, must log off, heading to Darling Harbour for a swanky Indian restaurant…[Read more]

People usually try and justify their opinion right or wrong. First time I've ever seen someone justify waffling.

I'm often amused by people who offer an opinion and when asked why they say 'because'. 

sciencesurf wrote:
Working in the science field I understand the need for measured data to provide support for an observed event or process. But…[Read more]

Still on track to Armageddon…

With exports up 9% but imports up a massive 25% YoY, Japan's Trade balance pushed to its largest deficit on record. This is the 2nd largest drop in the trade balance on record – beaten only by March/April 2011 (the Tsunami and Fuskushima). The miracle of the J-Curve (the hoped for recovery in exports that will come…[Read more]

..all looks perfectly normal to me…

…looks perfectly sustainable to me…

…nothing could possibly go wrong here..

…Banks!!!!…… rock solid of course!

The area is highly dependent on ag especially vineyards with a bit of upmarket BB and golf. It's a bit off the beaten track and I don't think mining has much of an impact on it over the years. I remember talking to a vineyard manager back in the late 90's who said the town fills up with all sorts of rif raf during the picking season. It's the type…[Read more]

Yes the powers that be have everything under control. Absolutely nothing to worry about here. We're different downunder.

The Chinese on the other hand have a few problems….

China Folds On Reforms – Bails Out 2nd Shadow-Banking Default After "Last Drop Of Blood" Threats

…. but I'm sure it's nothing… 

What have we got to worry about.…[Read more]

It's fairly common approach. A see potential in B's land and thinks it can be developed but needs to confirm this before buying. Given the time and cost involved A looks for an option contract to protect his DD costs and time involved by offering to pay B compensation to wait provided the DD shows the deal is doable. A pays the option price plus…[Read more]

Catalyst wrote:
I couldn't imagine any solicitor (for the seller) allowing this.

I wouldn't engage any solicitor that tried to give me business advice or told me what I could or couldn't do. They're there to advise on the legal aspects of a transaction not its business potential.