We had another open inspection today, and STILL no offers on our house. :( So, we aren't having any more opens for a while, just inspect by appointment only; and now we will concentrate on getting ready for our Volendam New Zealand cruise, which is not far away. It felt like it would never come, as we booked this cruise nearly 2 years ago.
I think once all this financial turmoil settles down a bit, our house will sell. The thing that is most worrying is if we fall into a recession we are likely to be stuck here for a few more years, and our dream of travelling around Australia might not eventuate. We are not alone of course; many more aspiring Grey Nomads are in the same situation. Not to mention all the people who might lose their jobs if things get worse.
I suppose one good thing could come of a recession; people will learn to be more frugal, and maybe help each other more.
Well, that's my little rant for today. Have a safe day, and good health to you all.
Sunday, October 26, 2008
Tuesday, October 7, 2008
Global meltdown.........???
Well, we have been watching the financials for a while now, as it affects not only our retirement funds, but also our future plans. Today the RBA (Reserve Bank of Aus) reduced the interest rate by a whole percentage point, and there is BIG pressure on the big four banks to follow suit. Hopefully this will create more confidence in the housing market, and our (prospective) purchaser (wherever they are) will sign on our house, and then we can realise our dream.
This global meltdown affects ALL areas, including families with mortgages, businesses, Baby Boomers preparing to retire, self funded retirees already retired...................................
Who now has the $130K of our superannuation that has vanished??? And the funds of all other super holders??? Someone out there is getting VERY RICH from our funds. Aussies have lost billions of retirement funds in this debacle, and it seems us Boomers need to put our plans on hold and work for a few more years. Bugger!
That is my rant for today.
Hopefully tomorrow, or very soon, I will be able to report that we have a sale on our house.
Fingers crossed. Prayers to my improvised St. Joseph statue. I know we have a lot of very nice people pulling for us. Thanks to you all; you know who you are. :-))
This global meltdown affects ALL areas, including families with mortgages, businesses, Baby Boomers preparing to retire, self funded retirees already retired...................................
Who now has the $130K of our superannuation that has vanished??? And the funds of all other super holders??? Someone out there is getting VERY RICH from our funds. Aussies have lost billions of retirement funds in this debacle, and it seems us Boomers need to put our plans on hold and work for a few more years. Bugger!
That is my rant for today.
Hopefully tomorrow, or very soon, I will be able to report that we have a sale on our house.
Fingers crossed. Prayers to my improvised St. Joseph statue. I know we have a lot of very nice people pulling for us. Thanks to you all; you know who you are. :-))
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