The stock market has been rather “stable” this month. Month STI is at positive territory whole. Worry in the Euro-zone didn’t affect the market too much, the Korean situation similarly, and the icy winter in Europe and America. Even the latest interest rate hike in China didn’t to enter the market badly.
Figures released by the US Federal government indicated the recovery is on track, so global currency markets advanced. DOW hit 2-season high several times. STI advanced and strike 3,200 after Christmas. It eventually close at 3,190.04 today, or (45.34 points) 1.44% higher compared to End-November. My portfolio performed even better. Its value rose 2.76% this month, net of fund invested. I bought First Reit this month.
I received Bonus stocks from ASL Marine. Over the dividend side, December has always been a “bonus” month for me personally. 9,700 in cash dividend. The list of top 30 holdings has little change. Suntec Reit came back and squeezes SingTel from the list. KepCorp and Sembmarine advanced due to price surge over the last few days. Come next year, I will go more defensive in my investment as STI has already been quite high. The objective will be to increase my aggressive income through dividend.
This point is frequently raised in relation to affordable housing and casing for first home buyers. The least expensive housing is commonly homes that are 30 or 50 years of age, not new houses. Most first home purchasers to buy an existing house. Raise the supply of new homes for existing homeowners who want to update, and the old, currently occupied housing that they sell will ‘filter’ down to those below them on the casing ladder. A corollary to the upgrade market is the downgrade market.
- Parking Lot Cleaning
- Enbloc Sales of Sun Rosier and exactly how Sun Park
- Look before you step into alternate asset classes
- Make sure you retain your expenditures below 50% of your income
- Contractors’ earnings
- Sell stock photos
- Strategy for being requested a telephone interview not prepared in advance
The retirement community industry often makes the same point: the older folk shifting into a new retirement village free up the ‘family home’. Filtering is driven generally by upper-income people who leave their aging homes for new ones. But if casing construction is restricted, there won’t be “enough” new homes, and some of these upper-income people must settle for old ones that might otherwise be occupied by people who have less money.
Speed in the building of new homes for upgraders and filtering should increase. Does the proposition that a lot of new homes are targeted at the upgrade market sound fair? Certainly, since the 1990s it feels as though that the house-building industry has been much less focused on the starter home market than it did through the 60s and 70s and is much more focused on the upgrade market. Keep in mind those concerns through the 70s and 60s about cheap, group ‘starter’ housing advancements and ‘nappy valleys ‘ springing up across the countryside. Will there be any proof about the amount of new builds going to first home purchasers?
While helpful, the commentary doesn’t really distinguish between new builds and purchasing an existing house, for first home buyers. The only suburb in their commentary where new homes are listed as being brought by first home purchasers is Hobsonville. Out of 517 first home sales noted across 6 suburbs in 2016, 60 were new homes in Hobsonville, or 11%. Of notice, Hobsonville incorporates affordable housing options aimed at rookies. Why the change in focus for the new build sector from first homers to upgrade is worth a glance in a future blog. Perhaps it is the baby boomers both aging and getting ultimately more wealthy.