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  • Profile photo of sandhyasandhya
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    @sandhya
    Join Date: 2021
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    Thanks Benny. Much appreciate you starting and elaborating on the discussion.

    Profile photo of sandhyasandhya
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    @sandhya
    Join Date: 2021
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    Thank you  for your inputs Tony. Much appreciated:)

    Profile photo of sandhyasandhya
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    @sandhya
    Join Date: 2021
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    Hi witty

    we would very much love to catch up, as that’s where our next property efforts are going to be focused. We are based in Wollongong though. But we do come to Sydney every Sunday. Alternately we could have a zoom chat…

    Profile photo of sandhyasandhya
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    @sandhya
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    Hi Benny,

    Perhaps my question is naive, may I pls ask how you got this: “For the person with the average mortgage of (say) 2.5%, that is a 10% increase right off the bat.”?

    PS: Figured it out, could not delete the post, so here’s the PS.

     

     

    • This reply was modified 1 year, 11 months ago by Profile photo of sandhya sandhya.
    Profile photo of sandhyasandhya
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    @sandhya
    Join Date: 2021
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    Thank you Tony. Noted your response. In what ways would you say it is an opportunity? Unless one were in asbestos audit/removal such as yourself (and therefore have the expertise to not be scared by the A word:) I would say it is a scary one…so when you have a moment, could you please elaborate on the opportunity side. Very happy to call, but I am conscious of your time. So even a relevant video link is sufficient. Thanks again.

    Profile photo of sandhyasandhya
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    @sandhya
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    Hi Tony

    Thank you for initiating this thread and taking the time to respond to questions. Following on from your response to Joanna,  if there is a house that is on sale, built in 70s, has asbestos sheet in the wall, and the agent says, few holes in the wall that need to be fixed…does it mean that it is currently in a hazardous state?

    Profile photo of sandhyasandhya
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    @sandhya
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    Thanks for bringing home the point on distributed profits vs profit in a single year.

    Profile photo of sandhyasandhya
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    @sandhya
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    As long as insurers are willing to insure flood areas/properties, initial reaction is likely to be #1 (bit like when covid hit in early 2020 and there was lull), but would move to #2 between 1-2 years as people realise opportunities in the problem. Of course this is subject to funding situations in the market, building approvals and other factors

Viewing 8 posts - 1 through 8 (of 8 total)