Saturday, April 24, 2010

Foreign ownership of Australian property

Dear Mr Tan,

I just read on bloomberg that Australia is going to toughen rules on non-citizen ownership of australian property. The boom in commodities and natural resources, plus lots of liquidity coming from rich Chinese have escalated their property prices over the last year or so.
Seems like the australian govt is pretty sensitive to local concerns and high property prices, even though some statistics indicated only less than 1% are foreigner buyers.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZMzrVOOWWow
 
My comments
An important duty of any government is to make sure that housing is affordable to the population. The government should prevent property prices from being inflated by foreign buying, especially if prices are pushed up and the profit is taken away by the foreigners.

Goldman Sach's Prosecution

Goldman Sach's Prosecution threaten to open the floodgates on Wall Street. Read this article.

New migrants

Read this article by Seah Cheang Nee.

HDB dwellers can try RTM1 for World Cup

EXTRACT FROM ST ONLINE
FOOTBALL fans, good news if you are among the 80 per cent of the population living in public housing. Leonard Lim, Chan U Gene & Jeff Ang.

FOOTBALL fans, good news if you are among the 80 per cent of the population living in public housing.

Chances are, you will be able to catch 20 World Cup games live and another 11 delayed on a free-to-air Malaysian channel - if the unthinkable happens and Singapore fails to secure the broadcast rights to the football extravaganza.

And some HDB dwellers who can receive Indonesian channels such as RCTI and Global TV may even be able to watch all 64 matches live.

Cashew Nut

Friday, April 23, 2010

Seniors and Finance

This article describes the top ten mistakes seniors make with their finances.

TKL Intelligence Quiz (7 houses)

I sold over 1,800 copies of volume 2 of the TKL Intelligence Quiz. There are a few copies left as my print run was only 2,000 copies. I was surprised at its popularity.

Vol 3 is now available for sale in the major bookstores and can also be purchased online for $7.90.

One fan asked me to produce more puzzles, entirely at difficult levels. I have produced a soft copy of a book containing 24 puzzles involving 7 houses. A sample of the puzzle can be downloaded for free here. If you like it, you can purchase the soft copy for $4.90 online.

Tan Kin Lian

Thursday, April 22, 2010

Platform for PMET

Mr Tan,

It will be very good if you could create a platform for the "old & poor" PMETs to network and connect.
They may team up to do somethings meaningful with their experiences & resources. Thank you.

REPLY
Please suggest what are the features that should be made available in this platform or portal. If anyone wish to lead in this portal, please send email to kinlian@gmail.com