Relief

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The Governor of the Reserve Bank just announced that our SA interest rate will remain flat at 15.5% - it's ludicrously high but at least he didn't hike it up 50 basis points again. We eat for the month - yay!!
 
We lived for a couple of years through peaks over 18%, and coincidentally at the time we had the largest bank loans we've ever had - my first large mobile home and a company truck.

I paid almost triple for the bloody mobile home, and probably about double for the truck.

Still, I never had to make up a "will work for food" sign and stand on the corner.
 
[quote author=grandpaul link=topic=1068.msg7058#msg7058 date=1218727214]
We lived for a couple of years through peaks over 18%, and coincidentally at the time we had the largest bank loans we've ever had - my first large mobile home and a company truck.

I paid almost triple for the bloody mobile home, and probably about double for the truck.

Still, I never had to make up a "will work for food" sign and stand on the corner.

[/quote]

That's because instead of sitting on your behind talking about it or writing about it, you got out there and did it.

I was working for a large citrus grove company at that time, and living in housing ( real nice) provided by the company. When the two partners split in 1983, I stayed with one but had to move. Bought a house and was thrilled to get a loan for 10.95%.

Had an uncle who lost everything to 21% commercial rates.

Today's rates in the US make that SA investment look good.
 
[quote author=fuzzy link=topic=1068.msg7066#msg7066 date=1218729083]
Today's rates in the US make that SA investment look good.
[/quote]
That's so right. There are large numbers of "foreigners" investing in SA, especially in the property market. :y115:
 
[quote author=Gromit link=topic=1068.msg7078#msg7078 date=1218730323]
Well come on over Fuzzy - bring your riding license!
[/quote]

I need to have a few more closings, but when Carl is ready, I'm ready.
 
[quote author=CarlS link=topic=1068.msg7102#msg7102 date=1218733123]
I'm ready! But I will have to find a ship that still has "steerage" accommodations! :grin:
[/quote]

All it takes is money. :cash:
Who's ready?? :y114: :y114:

Round trip, Orlando to J'burg is about $1800 US on South African Airlies. Goes through Wash., DC and Dakar, Senegal. 21-24 hours total time. That's in US hours.
 
I gotta get a passport. I'd like to get some info on hotels, food, etc in order to establish some sort of a budget. Better go soon before the exchange rate gets any worse.
 
[quote author=CarlS link=topic=1068.msg7211#msg7211 date=1218804237]
Believe me, I would love to come. SA, Australia, and NZ are my priorities to visit.

Fuzzy, maybe this spring which is fall for our friends in SA.
[/quote]

If you are coming down to the coastal areas February and March are the best months :y115:
 
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