@AvidCommentator I worked in Valuations for healthcare & retirement living for a few years so i cash flowed the various types of deferred management fee (DFM) models and I never saw one example that was fair to the resident. I despised it immensely. I eventually moved into commercial valuations.
@LaFille_Etrange@Shungu_Patsika@ellymelly I tried this. They kept saying they couldn't match my passport and birth certificate through their KYC system and kept encouraging the app which has a camera option. I had a case number while I waited for them to resolve it but nothing progressed and i had to use the app ๐
@Shungu_Patsika@ellymelly Yes and if you already were a Director on an existing business they were going to fine anyone who hadn't done it by a set date. They were large fines too. Nothing voluntary there.
@ellymelly They made a Director ID mandatory in late 2022. It's just a number that's registered with ASIC. However...to get the Director ID I needed to have a Digital ID for the application. Also I had to connect my Digital ID for KYC on a DocuSign the other day. I was signing a contract.
@That_N8_Bloke@TheKouk Because they bought land 2 to 3 years ago, submitted development applications, got their construction & servicing approvals from the relevant authorities and by time they got to tender the increased construction and finance costs don't make sense to their feasibility anymore
@JFosterFM This is great research. Irrational englobo land values + increased development costs + higher cost of capital is requiring substantial equity injections from developers which then drags down the IRR and risk return margin.
I'm also seeing liquidity issues with non bank lenders.
WOW, news confirmation: the female NSW Police officer was acting alone. She ran into the shopping centre by herself, confronted the terrorist, killed him. Incredible. Legitimately what a hero
@michaelides_j@IFM_Economist I wondered the same. This article suggests it's do with so many contracts being fixed by the consumer last year. So the electricity retail providers are making huge margins right now. But I'm sure the geniuses at the RBA will consider this.
https://t.co/caWiAjKoqW
The most important part of this ruling:
โXRP, as a digital token, is not in and of itself a โcontract, transaction[,] or schemeโ that embodies the Howey requirements of an investment contract.โ
This is a now a matter of law (not up for trial.)
We said in Dec 2020 that we were on the right side of the law, and will be on the right side of history. Thankful to everyone who helped us get to todayโs decision โ one that is for all crypto innovation in the US. More to come.
@parrapower2022 Sold in 2021 for $2.35M. Was likely bought by a wannabe developer who didn't realise those trees can't be removed without paying millions under the biodiversity offset scheme. It makes no sense that someone would pay $2.35m to just put a house there.