Margaret Lomas hates positive cash flow property

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Margaret Lomas hates positive cash flow property

by MARKET THEORY on 2005-01-20 18:39:15

Public Image Ltd wrote:
properties

Gotta be a good time to buy coastal realestate in Sri Lanka you'd
think. Even before the tsunami I had SL on my screens due to the
improving economy and diminishing political risk.

cheers,
--mt.

Margaret Lomas hates positive cash flow property

by PPP on 2005-01-22 19:08:13

In article , Darrin
wrote:


As long as you avoid mentioning any financial products defined under
the Act. Someone who implies that they're offering rounded personal
advice under these circumstances might have saved themself the cost
of a license, but is being deceptive IMO.

Margaret Lomas hates positive cash flow property

by ESPRESSY on 2005-01-30 14:58:15

Chris,
did you have time to inspect the investment scene in vietnam? I find a
far greater obsession with real estate there than in australia.
viet

Margaret Lomas hates positive cash flow property

by CHRIS P on 2005-01-30 17:49:40

espressy wrote:
a

foreigners are not allowed to own land in vietnam, although i did go to
a couple of restaurants for a cooking class where an Australian has a
co op with a local chef. What surprised me is that our local tour tour
guide advised us that in Ho Chi Min City (HCMC)properties sell for
around $300,000 US but the average monthly salary is $200 US if you
work for the government however having said that most Vietnamese appear
to have 2 jobs and work about 14 hours per day every day. Some very
poor people live in houses in the city which have been passed down from
generations and it seems they live a few families per house or a few
generations per house. i would definately say the rich put their monies
into property in HCMC as they have a huge inflow of people who come
from the country to live in HCMC and can only afford to rent. I
actually dont even know if they have a stock market but it is a
communist country and outside of exporting rice and the motor cycle
industry i cant think what Vietnams big companies woudl be where the
rich could invest capital locally. Other than that i guess they invest
in other Asian markets. We went to a few minority tribes and in all my
travels i have never seen such poverty although friends tell me
cambodia is worse. the amazing thing is i have also never seen people
who are such at peace with life and there is alot of people who could
learn a thinkg or two from the vietnamese culture.
licensed
how
at
vietnam

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