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Shudder to think SF. My guess would circa $5 per hour? How's this (and I've mentioned this in another thread before); when we lived in LA, we hired the odd videos at Hollywood Video (like Blockbuster or one of those). One day we were there (my son and I) and he needed to do a wee; badly. I...

It was a USA show, and the panelist was Arianna Huffington. I expect she was quoting USA CEO's - and keep in mind that in the USA they only consider the world to be what happens in their yard - unless it's also where their armies are fighting currently. I have no doubt there would be some CEO's...

I think the key words there are PUBLIC and OPINION. Given that the majority of the public are not PI's and never will be, and given that many of the public view investors as greedy b@stards, this opinion would be common if you did a street corner survey. I reckon the figure would be off the...

In the USA, everyone gets a tax break on their PPoR mortgage, so I don't know that the investors here in Aus with their neg gearing concessions are really a factor. In the USA, it is an incentive to try and keep trading up to the bigger PPoR as the income increases, so they do. especially...

Interesting point was made on the Bill Maher show on Foxtel yesterday. The panelist mentioned that the average CEO salary was 30 times the average wage, some 20 years ago...now it is 300 times the average wage. Then I started thinking about this a little deeper..... Now, it would be...

You are correct. You can also add your tax deductions and/or depreciation on the building/fixtures to that. If you use the 10% cash deposit example, by the time you look at what the house is worth after say; 10 years, and factor in all the deductions and rents, then look at what your total...

They won't buy, and they will want all of us to feel terrible along with them. Some say they are trying to warn us. Thanks for the warning, but I'm ok. Read the under-lying statement - "property is unaffordable". They are beaten in their own mind before they start; it's like someone who says...