Tag speculation

Palatial Profits

photo credit: eb0la An interesting read in today’s Age: Palatial Spreads Kept Empty? That’s Rich Ghost mansions and land banks are sometimes held by those planning a tennis court or swimming pool. Other people are waiting for their children to…

A Telling Example

photo credit: pyjama People often grasp our message through simple examples. Imagine a friend buys one of these pictured beach boxes for $12,000 in 1994. Meanwhile, you work hard, doing overtime, saving money, being a solid citizen. During the middle…

Predictable Council Rates Fury

photo credit: nicksarebi In the past year more than 81,000 Victorians have received rates default notices, which then impose a 12 per cent interest charge on the debts. Council Rates are again in the headlines, with affordability pressures crunching into…

Oil Speculators take us for a ride

With Oil soon to hit $120 a barrel, public interest is building on the role speculators play in pushing prices higher. India’s Solution for Oil Prices: Ban Speculation by Banning Trading quotes: Buying stakes in overseas oil properties is proving…