by Daan Steenkamp | Apr 27, 2020 | Business, Economy, Practice, Property, Snippet
Economy Everyone is suddenly an economist and the topic has become quite overtrodden: the fact is that throwing borrowed money at the lockdown has two essential difficulties associated therewith: our same sub-optimal and corrupt administration has to administer/dole...
by Daan Steenkamp | Apr 20, 2020 | Business, Economy, Practice, Property, Snippet
Economy It’s the economy, stupid. A phrase coined by Carville and made famous by Clinton: a couple of weeks ago, the functioning of our economy was an arcane topic, entered into by politicians, pretending to be ideologues, to various ends and economists, to whom no...
by Daan Steenkamp | Apr 13, 2020 | Business, Economy, Practice, Property, Snippet
Economy Perspective. Our state, as mentioned last week, had a mere half billion Rand to offer as aid following on the pandemic – because it is broke. This week, Eskom said that it will take R56bn from the existing state bailout… not to speak of SAA waiting in the...
by Daan Steenkamp | Apr 7, 2020 | Business, Economy, Practice, Property, Snippet
Economy Price gouging: price gouging is wrong, right? Price gouging is driven by greed and, especially in emergencies, is simply morally wrong. Politicians love such laws as they appear to be defending people suffering from a setback and makes for happy voters –...
by Daan Steenkamp | Mar 30, 2020 | Business, Economy, Practice, Property, Snippet
Economy The endless economic breast-beating and death updates are really becoming quite tiresome: what, economically speaking, happens after our isolation? Interestingly, it appears that economies rebound after wars but don’t after depressions. It remains to be seen...
by Daan Steenkamp | Mar 23, 2020 | Business, Economy, Practice, Property, Snippet
Economy When stocks are volatile, conventional wisdom dictates that you should invest in bricks and mortar, right? Perhaps not, somewhat overexcited predictions are that the US housing market might crash to 29-year lows. The VIX is shorthand for a measure of the...
