Broken Hill has been in contraction since the GFC albeit slowly, however, that may well accelerate as the commodities boom comes to an end. The investment opportunity in Broken Hill was a decade or more ago. When a towns major employers are the health sector and retail you have to ask yourself ‘do you feel lucky?’

All fixed..

Make offers anyway but with a price that makes the numbers work. It’s how you learn to negotiate. You get to see how and what agents and sellers react to. Every offer regardless of how far below asking or how it turns out will teach you something.

And if an agent tries to tell you the seller won’t accept an offer just tell them to present it…[Read more]

LOL …Pot Kettle Black

We’re in an experiment. We have amatuer IT enthusiasts trying to figure out how to make an open source platform with third party plug-ins work while trying to maintain a functioning forum.

What you and McNight fail to realise is that the members of a forum, regardless of who provides it and their motivations, invest…[Read more]

You just described ‘everyone’ selling books CD’s DVD’s seminars, courses, rare qualifications etc that has anything to do with the finance, RE, shares etc to basically the whole ‘lets get rich and be millionaire’ clique.

The problem is you can’t stop people from being stupid. How many diet books and programs are sold each year to wanna-be-thin…[Read more]

The question is implied. You’ll have to do a refresher in mind reading, anticipating questions and reading between the lines. I thought you legal types were good at that sort of stuff ;-)

As I’ve alluded to many times China’s boom is over and it’s now in the bust phase. How that will shake out and what form it will take is difficult to define but one thing is for sure Chinese property ‘will‘ be a leading cause of their decline.

Goodluck with that. Site is actually getting worse. Under the ‘Last Post’ column the title of the thread and who posted is mismatched now.

The text view option in the text box has disappeared so we’re stuck with BB code options only. Not that the text actually worked properly anyway. When you cut and paste into it it brings html formating code…[Read more]

Good advice.

The problem for many though is that ‘serious‘ investors tend to have long acquisition phases in portfolio development. That invariably requires high leverage rates as PI’s try to build as fast as they can. In a high growth market that makes sense as one tries to capitilise on growth spurts before they fall back or collapse. The…[Read more]

PMI (production) is crashing

and wages are falling…

everything must be alright

Had a mate many years ago who was made a paraplegic after a vehicle accident. He reckoned after 12 months you adapt and get used to it.

….and now here comes the crackdown on the use of iron ore to finance failing and frankly insolvent  bankrupt steel mills. This will continue to push the price of ore down. It will be felt indirectly through loss of State and fed govt revenues which will translate into increasing pressure on budgets that will invariably need to be cut. Interest…[Read more]

How China’s Commodity-Financing Bubble Becomes Globally Contagious

Which means that far from merely crushing exporters who suddenly are dealing with Chinese importers who have torn apart contracts, obviously with no recourse, suddenly China’s entire “hot money” laundering infrastructure which as explained over the weekend, has gold performing an…[Read more]

I know some people like these sorts of jobs but having done many different things in my life time commission sales absolutely sucked. Stressful, extremely poor cashflow (and often low incomes), long hours, high expectations from employers but above all the attrition rate is one of the highest in any industry.
If you’re looking to make a dollar…[Read more]

What he’s asking is will the bank allow him to change the status of his security from cash to land and what would the conditions/restrictions/complications be in doing that.

 
Commiserations ;-)

Try page Zoom in the interim (Ctrl+Scroll wheel) or Control Panel/Display/…. you’ll find resolution, text size, brightness etc there.
You may also find shortcut brightness controls on your Fn keys at the top. Mine for example are Fn+F8/F9

Nope.

Nope.. Read this
http://www.tampabay.com/news/business/realestate/walking-away-from-florida-mortgage-doesnt-always-clear-debt/1059927

Forget recourse vs non recourse. It wasn’t the cause or reason for the severity. Like I said default rates where only slightly above trend. There where warnings for years prior that the US property market…[Read more]

From a technical point of view this site has never been that great. Like you said the previous version had a lot of functionality problems that never got fixed even after many requests. This new version isn’t any better and may actually be worse. Implementation has been a disaster in anyone’s book. If McKnight ran his empire the way he runs this…[Read more]