Won't necessarily need ta be in tha Boondocks IF an apartment glut should cum your way AND if ya reckon ya not too flash ta live in an apartment. (Or have some other particular needs/requirements meanin' an apartment won't/don't suit.)
Won't necessarily need ta be in tha Boondocks IF an apartment glut should cum your way AND if ya reckon ya not too flash ta live in an apartment. (Or have some other particular needs/requirements meanin' an apartment won't/don't suit.)
There will be some great buys in apartments, which might suit a lot of future retirees looking to downsize. They may take a hit on their house sale, but they will get a better deal on the apartment that should outweigh the hit on their house.
Take risks - if you win you will become wealthy, if you lose you will become wise
"Nonsense" ... "Suburbanites" ... "Perception" ... etc - More of tha same generally argumentative 'n useless waffle - For mine.
No wonder he said NWAR to you recently.
Yes Jethro, understanding societal structures and how the suburbanites think and behave is not much use when skinning critters.
Rufus
26 Oct 2016, 08:04 AM
The value of a business is determined by the value of future returns.
Well that was deep. I'm sure you picked that up at the University of Hard Knocks, not INSEAD. Nevertheless, it doesn't address the fundamental differences between a business and a housing investment: the former has greater scalability; is perceived as higher risk by the suburbanites; and is unlikely to have the weight of institutional coercion and resources behind it.
Well that was deep. I'm sure you picked that up at the University of Hard Knocks, not INSEAD. Nevertheless, it doesn't address the fundamental differences between a business and a housing investment: the former has greater scalability; is perceived as higher risk by the suburbanites; and is unlikely to have the weight of institutional coercion and resources behind it.
Come on Terry, you don't have any qualifications in business studies, don't try to pull that one on us. It may however interest you to know that the University of Qld ranks 10th Globally in Business Studies. That puts it up there with the best universities in the world and above INSEAD according to the Economist. http://www.economist.com/whichmba/full-time-mba-ranking/
But of course you will have your own global rating system, as you do for global cities.
Perhaps you have bought a new book to learn about commerce, if so well done.
You really need to break down business into different categories. A MBA is next to useless at the grass roots level where street smarts is a far better qualification, but at the corporate level street smarts has it's limitations and a good education becomes very useful. That could mean that someone with street smarts simply has to hire the right advisers for the areas of expertise that he/she doesn't have. Don't confuse education with intelligence, they are not one and the same.
There is no reason why someone without a university education couldn't run a sizeable property empire very successfully, in fact they already do.
Take risks - if you win you will become wealthy, if you lose you will become wise
Except that ... a corporation cannot run one business at a loss to offset revenue from a second business, but an individual can.
In Australia two or more companies that have common ownership can choose to form a tax consolidated group and profits from one certainly offset losses of another. Those companies can operate totally unrelated businesses. This is very common.
Just by way of example, a parent company owned by a family group could in turn own 2 other companies, a loss making restaurant and a profit making panel beaters. By consolidating the losses of the restaurant would offset some (or all) of the profits from the panel beaters and lower the panel beaters tax. Both have to agree to take on the debts of the other so they couldn't walk away from the restaurant without settling all owned rent, wages and tax liabilities as a group.
This is much the same way the NG works for individuals, effectively the individual is 'running' 2 businesses, the business of selling their labour (i.e. their job) and the business of renting a house. Losses on the rental will offset the wage income tax.
Come on Terry, you don't have any qualifications in business studies, don't try to pull that one on us. It may however interest you to know that the University of Qld ranks 10th Globally in Business Studies. That puts it up there with the best universities in the world and above INSEAD according to the Economist. http://www.economist.com/whichmba/full-time-mba-ranking/
But of course you will have your own global rating system, as you do for global cities.
Perhaps you have bought a new book to learn about commerce, if so well done.
You really need to break down business into different categories. A MBA is next to useless at the grass roots level where street smarts is a far better qualification, but at the corporate level street smarts has it's limitations and a good education becomes very useful. That could mean that someone with street smarts simply has to hire the right advisers for the areas of expertise that he/she doesn't have. Don't confuse education with intelligence, they are not one and the same.
There is no reason why someone without a university education couldn't run a sizeable property empire very successfully, in fact they already do.
Well if a B.Com / B.Sc qualifies as a "bachelors of business studies", then yes I do. And if you have an MBA from the University of Queensland, you should understand the fundamental differences between a business and a housing investment. Of course, I think a basic high school education would suffice as entry into the money lender world, right? What value would an MBA give you besides a more robust platform to build business cases?
Well if a B.Com / B.Sc qualifies as a "bachelors of business studies", then yes I do.
Well done. It doesn't show in your posts, but I'll give you the benefit of the doubt.
Quote:
And if you have an MBA from the University of Queensland, you should understand the fundamental differences between a business and a housing investment. Of course, I think a basic high school education would suffice as entry into the money lender world, right? What value would an MBA give you besides a more robust platform to build business cases?
No I don't have an MBA from UQ, but it's not a requirement for me. An understanding of balance sheets is more useful.
Take risks - if you win you will become wealthy, if you lose you will become wise
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