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Another thing I noticed when I was still with IBM was the amount of time it took to get things done when using overseas resources. We used Chinese, Indian, Philippines, Indonesian, and Malaysian resources regularly, and while they were good at following very simple processes, the second you...

IBM has been trying to do this for several years now, for exactly the reason you described. The problem is that it isn't working for them. The client facing consultancy can't realistically be done remotely, and IT workers from other parts of the world don't understand the consulting 'trade' as...

Not a huge amount, but it's becoming more common where I live, because of the number of contractor roles that are being filled.

I work for a small organisation where the average income is over $200k. There would only be a handful of people making less than this. Most tradies don't make that much. Before you jump to another conclusion, the point is that although there are plenty of office workers who in the past...

Gross generalisation much? Some tradies do really well, some do ok, some struggle. Compared to times past, they can do quite well, but there are plenty of office workers who make far more.

Of course it was easy, we all came from rich families, remember?

There was a whole thread about exactly this. Unfortunately, it turns out Beebop is too good for the outer suburbs.

What about the more expensive items? 1) Household appliances (fridges, tvs, etc) - 10+ times as expensive in real terms 2) Cars - several times as expensive 3) Travel - out of reach for most and many times more expensive 4) Entertainment - out of reach for many 5) Food - staple...

This, ultimately, is what it boils down to. Of course, property investors should be a bit better than the average bear at finding property with potential, and as such I'd expect investors to have success stories even during periods of non growth.