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I dont know about you but who wants to invest in a country thats just had a serious outbreak of Xeanophobic attacks that have left 50+ dead in their wake and many fleeing for the boarder. I suggest South Africa have the World cup taken away from them because amidst their cry of being a rainbow nation they not only voted Zuma into power as the head of the most popular and ruling political party. Not to say Zuma is a bad man, since his election the Rand has spiralled double what the Zimbabwean Dollar did in its demise. Apparently Zuma sparked these attacks by promising to get 'rid' of the foreigners once he is in power. Who knows he may decide to go the Mugabe route and repossess everything too. Mbeki is in hiding half the time after he came under fire for supporting the tyrrant next door. The Rand is officially trading at 1:8 with the US nad steadily spiralling. Maybe Zuma can save that by taking a quick shower just as he did to protect himself after raping an HIV positive young lady. Violence ans crime seemd to be on a rise. What else should I dare to ask.
After all that if you are still deciding to invest in South Africa. Go ahead. You wont find me there just yet. I'm afraid of getting linched for being a foreigner.
I'll sit this round out. Not saying the country is not beautiful but the underlying factors have much to be desired of.Thanks Richard… , Is it that obvious…..? I dont hear you or anyone else giving me any suggestions.
If anyone else has any information on good fractional ownership deals please let me know. I am all ears and eyes. As this is a forum for people to share ideas and advice on investing I'm sure its the best place to get advice from people who are in it, have been through it and have information they think is would help me out. As for the Richards please save it. Daniel. Thanks for the info. If I decide to take it up I will let you know. But its a brilliant idea. Being a first time investor in fractional ownership I am still shopping around. As I said I love what I have seen of your properties.
Thanks. Sounds great. Will definately look into it. I'd heard of this before but didnt have enough information. Also saw a spread you had in Wanted magazine. Loved the look of your properties.