We get a lot of. Honest buyers here too, disturbingly the commercial property buyers are communist party members mostly. They come here with big money and buy up and then don't do anything with the property, no businesses etc. It's a problem but our government allow it so I blame them. It happens to a degree with residential property too. It's alarming, but people just stick their head in the sand over it preferring to make a grab at short term money with no care for the long term problem it's going to create.
Melbourne was recently totally lo led down for almost 4 months due to a second wave of pandemic...Most other States were fine, mine included. It may happen again I guess.
Thats the problem of the last many decades I think, we become more and more short term focussed, while becoming more blind for the longer term effects.
Hopefully not :)
I guess all we can do is command our own actions and hope for the best. But in a society where money seems to do the talking, corruption is rife and governments are so short term...It doesn't bode well.
100% agree! :)
I should sell my apartment, monetise while the market is up and buy back in a dip...hmmmm camper van is the solution I suppose: living and travelling in one :)
I'd like the camper van life....We're working that way. Planning a year off to start and see how it goes.
Thats super! I really need to follow your example :)
Early stages still, but I'm 50 and we figure if we don't do this (been talking about it for years) then we may not have the chance through illness, financial incapability or death. We're hoping in the next 3-4 years sometime but have to work on how to fund it, the situation round a year of no earnings and what happens when we get back. It's on the planning table though and we work on it weekly.
That sounds really super! Yea, the life after is something that causes me not to take action, I think. Have been in situations in which it was challenging to get funds coming in again. With a similar age as you, to me its clear that at least the basic financial support in such event and after must be there without having to rely on others (customers, employers etc). But who knows, HIVE may go through the roof and we get unexpected support through that way :) NJOY the planning! ;)