I struggled to find a decent data-set of past economic indicators off the web. I’m sure there’s an easier way, but I had to trawl the horrible formats of Stats-SA and the Reserve Bank to get the mangled data underlying this graph. Seems like Stats-SA is either deliberately obfuscating their data, or they’re working on…
A frequent comment about why “property prices will keep going up” is that: They aren’t making land any more Building costs keep going up Our population is growing If these points are true, then this would provide a strong force to push property prices up. It still wouldn’t mean property prices couldn’t decline. Citizens still…
Brief introduction to Exchange Traded Funds An “ETF” is an “Exchange Traded Fund”. In it’s simplest form, it is: a company… with very specific assets (e.g. gold bullion or a portfolio of shares with the exact weights of a particular index)… listed on (and traded on) and exchange in which one can invest to get…
FNB has confirmed that they will be pulling approvals for home loans on a large scale. Many seem to have been caught by surprise. Fools. To an outsider, it appears that FNB made a mistake in underestimating the trouble in the property market when they first gave these approvals. Their estimates of property price growth,…
