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  • Profile photo of PizangPizang
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    @pizang
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    Hello C2,

    Yes, I have heard from a friend of mine that lived and worked in Japan that "working hours" were long but didn't necessarily include work. Many of the people she worked with would actually sleep at their desk!

    She also said it was quite common for people to jump in front of trains and that when this happened they would simply remove the body and send a bill to the family of the deceased to compensate for the business lost.

    Profile photo of PizangPizang
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    @pizang
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    I read something that Terry Ryder wrote and he was saying that a one degree temperature rise would mean that severe weather events (storms, cylones etc) which would normally happen once every 300 years would happen every ten years.

    With that in mind, another problem affecting property could be rising home insurance premiums

    Profile photo of PizangPizang
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    Thanks LA,

    That puts things in perspective. Ross Gittens wrote a piece this morning that’s saying that Australians are working much longer hours than they used to. Second only to Japan if I remember correctly.

    FYI :

    http://www.smh.com.au/news/opinion/a-radical-idea-work-less-live-more/2007/03/13/1173722468319.html

    Have a great day! [biggrin]

    Profile photo of PizangPizang
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    @pizang
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    Thank you for all your thoughts.

    But let me ask you this: I certainly don’t deny that being rich means being rich in time. ie having the financial capacity to spend your time the way you want to. But is the financial goal you set for yourselves time related or number related?

    For example, Dr.X, what goal are you striving for: having x amount of dollars in your bank account or having x amount of hours more to yourself in your week? I think it would be easier to measure a number in dollars rather than a number in time.

    I hope that question makes sense [blink]

    Profile photo of PizangPizang
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    @pizang
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    Hello again,

    Thanks for both of your comments.

    LA – No, I’m from NSW.

    I’m not a huge beach-goer but I was just considering as an option for an investment. Not that I’m ready to invest right at this moment. It was just for future consideration really.

    But if they’re difficult to rent out it probably wouldn’t be worth it. Maybe if you bought a few of them, you could run a B&B. Just thinking out aloud.

    Thanks again!

    [biggrin]

    Profile photo of PizangPizang
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    @pizang
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    Hello again,

    Thanks for those comments.

    I agree with you LA in that the figures that are produced by the media can be misleading.

    The superannuation policy that’s available till July might bring some Mum & Dad investors out of the market as well thus bringing prices down.

    Just a thought. Difficult to predict this property stuff [blink]

    D

    Profile photo of PizangPizang
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    Don’t get bitter Pete, get better.

    Who cares if prices are unaffordable? Just rent and save your money and get smart at investing in shares.

    Buying a house right now is an absolute rip off, and the most over-rated “dream” I can possibly think of.

    Why anyone would want to fork out $400K to live in a two bedroom shack in Bankstown and be in debt to the bank for the rest of your life is beyond me.

    Save your money for yoursef. Don’t give it to the bank! And then you’ll have the freedom to do whatever you want.

    Daz

    Profile photo of PizangPizang
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    Typical real estate agents – siding with tenants and never looking after the owner. You should send this tory to Neil Jenman. He’s good at sorting this stuff out

    Profile photo of PizangPizang
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    Hi there,

    I read that article and thought it was rather scary. What’s even more amazing is the amount of debt Australians are willing to get into to own a house.

    Do people really think, particulaly in capital cities like Sydney and Melbourne, that getting into hundreds and thousands of dollars of debt is necessarily worth it?

    Dan

    Profile photo of PizangPizang
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    Actually, it’s a magazine ‘Your Investment Property’.

    Launching in February ’07.

    Thought it might be a good idea to find out what people actually want to read about when it comes to property investing

    Dan

    Profile photo of PizangPizang
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    Actually, it’s a magazine ‘Your Investment Property’.

    Launching in February ’07.

    Thought it might be a good idea to find out what people actually want to read about when it comes to property investing

    Dan

    Profile photo of PizangPizang
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    Thanks for those comments.

    Dan

    Profile photo of PizangPizang
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    I drive people up the wall

    Profile photo of PizangPizang
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    Thanks Simon,

    Would you be interested in perhaps providing the details of those properties for publication in a magazine?

    Dan

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    Sorry about that. February 2007

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