“If winter comes can spring be far behind?”. In the same vein, a real estate bust always gives way to a property boom (part of the cycle). Buyers and sellers look for the support and resistance points, plateau and bubble prices and the beautiful real estate game goes on. Each side tries to safeguard its interest; sometimes correctly, sometimes not quite so. Take the oft debated Sunset Clause as an instance.
Archives for July 2013
Archives
Australian Dollar May Devalue Further
The Australian dollar has been falling rather sharply and is expected to plummet till about 80 US cents. An article on the website “The Advisor” reports that the fall may be a result of internal as well as external factors.
The Reserve Bank of Australia (RBA) has effected various cash rate cuts, the latest being the 7th May cut. Price of commodities produced in Australia has also come down a lot, iron ore being one such example. This has brought about a weakening demand for currency.
There is a consensus among economists that the Aussie dollar may settle somewhere between 70 and 80 US cents by the end of 2013. This shall however augur well for the Australian economy.
It will give boost to exports and will aid local manufacturers. Home construction and renovation industry may also benefit at large from the cash rate cuts.
You can read the original article here.
Do you think that there will be any further cash rate cuts?
3 Stress Points Of Any Property Negotiation
People have been negotiating – subtly, enthusiastically or fiercely- since the first fire was lit on earth. Each property negotiation brings a few critical pressure points to the surface. It is a different matter whether you gain at those points or lose at them. Michael Yardney for the Property Update talks about 3 such stress points.
8 Tips To Boost Your Chances Of Success
We are all good people but certainly not without our grey areas. When these “grey areas” overpower us we become less productive, one way or the other. Jeff Haden for the magazine Inc. tells us about the 8 must-avoid mistakes for achieving greater productivity.