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    Tanking AUD effects on housing market

    It hasn't declined much against the yen, not as much against the euro, a lot against USD, pound, Chinese yuan. To answer another question asked by another poster, yes Japan is very cheap. I have no idea where these high cost of living reports come from, but Tokyo is much cheaper to live than...
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    Tanking AUD effects on housing market

    Hmm I think Australia's great for older people who want to come to retire, go fishing, walk in big parklands, do gardening etc. I'd probably leave at some point (if the numbers make sense) and come back here at 60 or so to retire. I find cities like Tokyo a lot more cutting-edge and at the...
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    Tanking AUD effects on housing market

    Very smart people have two schools of thought on this. Having a lot of debt is not an issue if you owe yourself the debt, unlike say USA. But more importantly, if you are productive, you sort yourself out. Only civilisations that do nothing enter dark ages, like Egypt, Greece, Italy etc...
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    Tanking AUD effects on housing market

    Hmm, it's pretty good from some perspectives. But like most markets, if you go in there purely with a macro strategy, with no idea about the micro, you lose your competitive advantage. Take Sydney for example. Even though it's quite pricey, I can spot the exact fundamental reason why one...
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    Tanking AUD effects on housing market

    Not that much. The Chinese will buy irrespective of the dollar, because they're all gazzillionaires (seriously). The rest won't buy because well... you're not looking at Japan despite a yen that's crashed no?
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