Captain Fastbastard Mayhem Posted May 26, 2015 Posted May 26, 2015 Wouldn't those kinda houses be bought through trusts and stuff? Yeah, that's my thinking.
Hairy Posted May 26, 2015 Posted May 26, 2015 LOL. J, I know! Remember I see this on my clients as well. Jeepers. Okay, not the R 50m level, but multi million rand, yes. As for the 700k to 1.4m thing - at least that's achievable and just double the price of a 700k house. But when I look at a R 50m house... I struggle to see how they can even begin servicing a bond. There is a house in Stellies where the owner has a moerse pool that he likes to swim in, and keep fully heated ... Running cost at 65K / month. When you hit a certain price bracket, money becomes very easy to spend
Tumbleweed Posted May 26, 2015 Posted May 26, 2015 Yeah, that's my thinking. My thinking can't, like yours, get around those figures...
Shebeen Posted May 26, 2015 Posted May 26, 2015 I've got a mate who was asked to do some business assessments on a lodge up in the far north. The thing was leaking money and there were lots of things that could be fixed easily as well as some longer term plans that would enable it to wash its face with a year or two. Thing was the owner is from the middle east and didn't really care. He liked things the way they were and said:it still costs me way less than my racehorses in london, When it gets to XXX per month, then give me a call and we'll look at it.
Captain Fastbastard Mayhem Posted May 26, 2015 Posted May 26, 2015 There is a house in Stellies where the owner has a moerse pool that he likes to swim in, and keep fully heated ... Running cost at 65K / month. When you hit a certain price bracket, money becomes very easy to spendFarkit.... Ja, there are some people. R 65k p/m for a fully heated pool is a bit silly IMO. But then I don't play in that bracket.
Captain Fastbastard Mayhem Posted May 26, 2015 Posted May 26, 2015 My thinking can't, like yours, get around those figures... I know the figures, I understand them, and yet there's still the WTF factor. Tumbleweed 1
FrankieKnuckles Posted May 26, 2015 Posted May 26, 2015 LOL. J, I know! Remember I see this on my clients as well. Jeepers. Okay, not the R 50m level, but multi million rand, yes. As for the 700k to 1.4m thing - at least that's achievable and just double the price of a 700k house. But when I look at a R 50m house... I struggle to see how they can even begin servicing a bond.Because this class of person does not work for money. Money works for them. Its another plane of existence that very few, or any of us, will ever experience. Mostly old money. Captain Fastbastard Mayhem, McD23 and Hairy 3
MTBeer Posted May 26, 2015 Posted May 26, 2015 Farkit.... Ja, there are some people. R 65k p/m for a fully heated pool is a bit silly IMO. But then I don't play in that bracket. and we wonder why the planet is f@kked. Hairy 1
FrankieKnuckles Posted May 26, 2015 Posted May 26, 2015 I was in the granite/marble game for a bit(as an employee) and we once did marble for a home(palace) in Saxonwold in Jhb. The final invoice for all the stonework was in excess of 10 million. JUST THE STONE!!!! Ja Nee, boggles! Hairy and Captain Fastbastard Mayhem 2
'Dale Posted May 26, 2015 Posted May 26, 2015 Captain Fastbastard Mayhem, Hairy and Long Wheel Base 3
Captain Fastbastard Mayhem Posted May 26, 2015 Posted May 26, 2015 Because this class of person does not work for money.Money works for them.Its another plane of existence that very few, or any of us, will ever experience.Mostly old money.Yeah, very true. I'm working up to that level. Slowly. Veeeery slowly. By the age of 50 (17 years away) I hope to be financially stable enough to no longer need an income. I'll still be working, but it'll no longer be a necessity.
FrankieKnuckles Posted May 26, 2015 Posted May 26, 2015 Yeah, very true. I'm working up to that level. Slowly. Veeeery slowly. By the age of 50 (17 years away) I hope to be financially stable enough to no longer need an income. I'll still be working, but it'll no longer be a necessity.Hope you don't have kids?.....
Slowbee Posted May 26, 2015 Posted May 26, 2015 oh the irony of this add in amongst posts of R50 million houses, heck even a R700K house forkie 1
Captain Fastbastard Mayhem Posted May 26, 2015 Posted May 26, 2015 oh the irony of this add in amongst posts of R50 million houses, heck even a R700K houseThe real irony is that in the majority of cases, these "Aid Agencies" don't even put 50% of what they collect into actual aid. Or that the aid itself is aiding the perpetuation of hunger through a creation of reliance and such. Implement farming practices, supplement entrepreneurship, cut out violence and gang-related machinations. Ensure that they are lifted up, and not just fed and watered. Rapunzel, Josh0 and Lurch the stalker 3
forkie Posted May 26, 2015 Posted May 26, 2015 The real irony is that in the majority of cases, these "Aid Agencies" don't even put 50% of what they collect into actual aid. Or that the aid itself is aiding the perpetuation of hunger through a creation of reliance and such. Implement farming practices, supplement entrepreneurship, cut out violence and gang-related machinations. Ensure that they are lifted up, and not just fed and watered. Givers must control what they give because takers will never control what they take...
RocknRolla Posted May 26, 2015 Posted May 26, 2015 (edited) ok, this thread has become really depressing. http://images4.fanpop.com/image/photos/20500000/ninja-guitar-awesomeness-XD-breakdancing-fun-size-ninja-dorks-20581269-600-450.jpg Edited May 26, 2015 by RocknRolla Captain Fastbastard Mayhem and Hairy 2
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