Join our investing community

Commercial Property ABC: Property market casualty list grows with demise of ACR

Discussion in 'Real Estate' started by Simon Hampel, 8th Jun, 2007.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
  2. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    It's funny that unions, the media, and everyday people are so concerned with employment rights, yet aren't concerned about the rights of their capital.

    You can have all the working conditions in the world, but if you're then just going to channel your earnings into the Westpoints, Fincorp's and ACR's then you're stuffed regardless.
     
  3. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    Good point ! :)
     
  4. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
    Do you watch Inside Business on Sunday mornings ? Alan Kohler said pretty much the same thing.

    Inside Business - 03/06/2007: Kohler on regulating property financiers
     
  5. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    Yeah I did hear it somewhere, I forgot where. Cheers. I thought it was very valid point and I hadn't thought of it in that light before.
     
  6. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia