Gary Eckstein Sydney 1 Australia, fannie mae, freddie mac, home loan, house prices, housing, housing market, mortgages, real estate institute, reiv
What caused the recent ‘financial meltdown’? In simple terms it was people being given financial assistance with taking on assets which they couldn’t actually afford. Remember Freddie Mac and Fannie Mae? Well these two home loan giants are government derived organizations which were instrumental in assisting people to get mortgages for houses which they couldn’t [...]
Gary Eckstein Sydney 0 environment, global warming
The issue of environmentalism has become clouded to the extreme. This misting of the facts serves little objective purpose and creates holes in almost all the arguments for and against environmental action. Global Warming and Climate Change are banded about (in Australian anyway) as the reason for spending billions of dollars and potentially weakening economies. [...]
Gary Eckstein Sydney 1 Australia, brands, countries, New Zealand, ranking, top10, tourism
Well done to Australia which has been named as number 3 on the FutureBrand ‘2009 Country Brand Index‘. Australia has a very good international reputation as is realized through the numerous reports listing Australia as a great place to live, do work and visit. Below is the media release from FutureBrand: UNITED STATES CLAIMS #1 [...]
Gary Eckstein Sydney 1 Australian, birds, brush turkey, brush turkeys, bush, cane toad, rain forest, scrub turkeys, Sydney, sydney morning herald
I was interested to see the article this morning in the Sydney Morning Herald titled: ‘First it was the march of the cane toad … now the brush turkey is eating Sydney’. We have a few brush turkeys (also called scrub turkeys and bush turkeys) around our house; we live in the bush – officially [...]
Gary Eckstein Sydney 0 Australia, first time buyers, government, house prices, housing, housing market, interest rates
Here’s a great idea; lower prices and repayments to stimulate buying! This is a recipe that is sure to work … and this is exactly what the Australian Government considers as successful aversion of economic disaster. The Australian Government (Federal and Local) knew/thought they had to do something bold to avoid economic disaster in the [...]
