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Open mike 20/02/2021


And if the new owner wants to live in it ….
aj …
Essentially over the past 20yrs we ve actually had to put money
into the business to keep it afloat, and our tenants in their homes. We re now in the position of
having shitloads of equity, but
crap cash flow, and because I m close to retiring that isn t something I can sustain anymore.
The trouble with this is that I ve heard this description from not only landlords but farmers as well, except farmers don t like to flaunt their equity in public.
The total values of assets that can be realised is the figure that most people will focus on. If you have $10M in equity but moan your a e off about pitiful cashflow, then you generally won t get a lot of sympathy. ....

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New Zealand quake survivors share their stories 10 years on


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New Zealand Quake Survivors Share Their Stories 10 Years On
Ten years after a magnitude 6.3 earthquake in Christchurch, New Zealand, killed 185 people and devastated the city, some of those profoundly affected are sharing their journeys.
Ten years after a magnitude 6.3 earthquake in Christchurch, New Zealand, killed 185 people and devastated the city, some of those profoundly affected are sharing their journeys. One woman channeled her anger to ensure buildings are safer, and others have found peace after heartbreaking losses.
Ann Brower was the sole survivor from a bus crushed under a building facade. After recovering from her injuries, she successfully fought for changes to building regulations. Brower was taking a bus from the seaside suburb of Sumner into the central city when the earthquake struck. ....

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