Friday 29 July 2011

If there is a will, there is a way!

Posted to Letters to Editor, Monash Weekly" on 29/7/2011
Title "If there is will, there is way!"

http://www.monashweekly.com.au/content/letterstotheeditor/

Many people are experiencing financial hardship, small business operators facing business closure and house owners will hand the houses back to the banks.

I understand very well because I worked 3 jobs to support myself through university. I later owned and operated a small business and hit the 80's downturn. With determination, I survived those tough times.

Keep calm or else you won't be able to see clearly, even if there is light at the end of the tunnel. Seek advice, seek help - don't just think about it, you must talk about it or no one will know that you are doing tough and need assistance.

I once wrote a blog as follows:

Las Vegas is situated on the arid desert floor of Nevada, USA. World Islands of Dubai are artificial islands off the coast of Dubai, built with 386 million tonnes of rock to form the foundations. Eskimos reside in the circumpolar region with sub-zero temperature without being frozen. Man can now fly to the moon without wings.

If there is a will, there is a way!

Good luck, you'll be right mate!

Monday 18 July 2011

House prices spiral upwards

Posted to Monash Weekly (18/7/2011) on 18/7/2011 at 11:15 PM
Commenting on "House prices spiral upwards"

http://www.monashweekly.com.au/news/local/news/business/house-prices-spiral-upwards/2229881.aspx

The title of the report should be "House prices spiralled upwards". Readers should be made aware that changes in government policies on investment by overseas investors coupled with numerous interest rate increases during the second half of 2010 retarded the property price growth, and in fact reversed its direction in recent months. It must also be noted that increase in median price signals the high-end market properties are up for sale, probably from those who once can afford more luxurious life-style but now have to join the common people in experiencing mortgage stress. Buyers beware!