With over 30 years of experience in the banking and home loan industry, my hope it is share what I have learnt over the years with my blogging community, inspire conversation around the subject and in the process discover unique insights into this ever changing environment.
With compliments of Moneyweb, Today we refer in this bog post to this article ,dated 30 March 2016. “Brace for Staid Growth” is not the most exciting headline I have read lately. But let’s face it, compared to some of them we have been reading this year, it borders on good news. When I look at […]
It’s that time of the year – National Budget 2016/17. Let’s have a look at highlights and think about how that may affect the property market. In providing the following overview, I wish to thank Moneyweb for excellent coverage of the Budget and its ensuing Press conference. For sake of brevity, the highlights are: Budget […]
A very interesting week last week. Two interest rate reviews, one up and the other, sideways. But before we think about the effect of this on our home and homeloan businesses, here’s a quote from Ayn Rand to encourage you: “In the name of the best within you, do not sacrifice this world to those […]
My apologies for this blog so late in January 2016. To be honest, I have been thrown by the state of the market and the global economy. Little positive has come out of all the news and the negativity has taken on Grim Reaper proportions. Every article seems to be focussed on the negative and […]
In our December blogs, we commenced a trilogy of practical, challenging and good news articles for the Christmas Season. One of the quotes that I referred to was that of Anatole France: To accomplish great things, we must dream as well as act. It is repeated for ease of reference. As a quick recap, in […]
I was having a look at the ‘net and came across this headline: SA property sector worth R4.9-trillion I know, I felt like that as well: So much property and so little in my name. It happens to all of us! But, that got me thinking about our country and the industry………… The South African property […]
individual or firm; they are not more important or less important. A friend of mine consults to a coffee company. They have the opportunity of cracking the Retailer market [high turnover, low margin] or of rolling out a franchise of brilliantly branded coffee cafes. The first strategy looks powerful on paper, but the second, by […]
“‘Tis the Season to be jolly tralalalalalalalah”. So the carol goes. But just reading the pre-reporting on the Fitch rating which may see SA Inc achieve junk bond status on 4 December 2015, the “jolly” turns to “golly” in one foul swoop. So for that reason, at the entree to this beautiful Christmas Season [I […]
This week’s interest rate hike comes as no surprise. This statement, not in the sense that I think we should have it, but simply that the matter is so “on the fence” that the decision could go either way in any of the MPC meetings. The SARB is faced with horrible decisions because GDP growth […]
I have been trawling the property information keeping myself up to speed with developments. There is a gloom in the economy, but fortunately the property sales and mortgage business is not in the doldrums. Affordable housing has looked good for years and developments continue in many areas of the country. It has probably been the […]