Fears: "Massive global property crash"

kabayiri

westernpromise wrote: »

The other trouble with all these bits of IT that claim they'll make business travel obsolete is the time difference.

You cannot do an 8 hour day's work with someone in Singapore by videoconference unless you are prepared to come in at 2AM.

It's not stopped the West shifting massive chunks of service work and product work to the likes of China and India though.

If there's money in it, they seem to find a way.

We are quite well placed I think. I have sat in on webinars where it's 8am Pacific Time; civilised-o-clock here; and god-awful-time in India. I know who gets the best deal

kabayiri

mayonnaise wrote: »

...
But still, next week there's about 2 dozen sales 'leadership' jetting off to U.S. HQ.
To discuss Q1 forecast.

It's a bit like when government environment ministers from all over get together to discuss rising CO2 concerns ...

... in somewhere like Hawaii !!

I suppose it's really difficult to talk about it over Skype or something.

Crashy_Time

westernpromise wrote: »

The other trouble with all these bits of IT that claim they'll make business travel obsolete is the time difference.

You cannot do an 8 hour day's work with someone in Singapore by videoconference unless you are prepared to come in at 2AM.

Yes but you could have the rest of the day to yourself from about 10 a.m, if you could manage to stay awake that is.....:rotfl:

Crashy_Time

westernpromise wrote: »

The other trouble with all these bits of IT that claim they'll make business travel obsolete is the time difference.

You cannot do an 8 hour day's work with someone in Singapore by videoconference unless you are prepared to come in at 2AM.

My original point was concerning just in the UK though, why does an editor of anything need to commute regularly (daily?) from Edinburgh to London, they don`t is the answer. When I first became aware of the internet around the mid-90`s the buzz was that by now it would all be about working from home (I assume the idea was that within similar time zones this would just be a given) and as it turns out this was all just B.S


Actually I think one of the big drivers against remote working is office politics, if you are tapping away at the keyboard out in the sticks the people in the office could be plotting/undermining/slagging or over-looking you in some way, I think many people are so fearful of losing their position that they attach themselves to the office to look productive and to keep a general eye/ear on things that may affect their own position.

economic

Crashy_Time wrote: »

My original point was concerning just in the UK though, why does an editor of anything need to commute regularly (daily?) from Edinburgh to London, they don`t is the answer. When I first became aware of the internet around the mid-90`s the buzz was that by now it would all be about working from home (I assume the idea was that within similar time zones this would just be a given) and as it turns out this was all just B.S


Actually I think one of the big drivers against remote working is office politics, if you are tapping away at the keyboard out in the sticks the people in the office could be plotting/undermining/slagging or over-looking you in some way, I think many people are so fearful of losing their position that they attach themselves to the office to look productive and to keep a general eye/ear on things that may affect their own position.

first time i seen something from you that actually makes sense. i quit my job as i got fed up with the corporate world and i dont think i will ever go back.

chucknorris

economic wrote: »

first time i seen something from you that actually makes sense. i quit my job as i got fed up with the corporate world and i dont think i will ever go back.

I'm there too, I thought that I had become totally unemployable, but eventually I came back to employment as a university lecturer (much more fulfilling). Although as a chartered quantity surveyor (my profession) I would definitely be unemployable, I just couldn't do (when financially independent) that daily pointless grind any more (sympathies to those that feel the same way, but have to continue).

economic

chucknorris wrote: »

I'm there too, I thought that I had become totally unemployable, but eventually I came back to employment as a university lecturer (much more fulfilling). Although as a chartered quantity surveyor (my profession) I would definitely be unemployable, I just couldn't do (when financially independent) that daily pointless grind any more (sympathies to those that feel the same way, but have to continue).

i worked in banking (support function). very soul destroying and felt kind of pointless except for the money. im only 33 and although not completely financially independent, i am nearly there.

i really feel for my generation. even well paying jobs in the city just dont seem to go that far in london. i was lucky as i stayed at my parents place whilst i saved like an animal (saving rate consistently >80% of net pay). yes it means i didnt have as much fun as those living out, however i have more then made up for that now and am financially comfortable. i also always went on at least 2 and sometimes 3 holidays a year (at least 1 outside of europe).

Crashy_Time

economic wrote: »

first time i seen something from you that actually makes sense. i quit my job as i got fed up with the corporate world and i dont think i will ever go back.

Learn about where to use capital letters and basic grammar before you critique others posting style in future please, with writing like that they probably won`t have you back.

Crashy_Time

chucknorris wrote: »

I'm there too, I thought that I had become totally unemployable, but eventually I came back to employment as a university lecturer (much more fulfilling). Although as a chartered quantity surveyor (my profession) I would definitely be unemployable, I just couldn't do (when financially independent) that daily pointless grind any more (sympathies to those that feel the same way, but have to continue).

The key is to do a job that you enjoy, that isn`t a grind. Hope landlording ticks your boxes.

chucknorris

Crashy_Time wrote: »

The key is to do a job that you enjoy, that isn`t a grind. Hope landlording ticks your boxes.

I totally agree, that is why I retired from being a chartered surveyor when I was 42 (10 years after graduating), I did enjoy the earlier years, but it became a bit of a grind after that, and I eventually went part time, until I retired a few year afterwards. But I would also add that if you want to achieve things in life, then you sometimes have to be prepared to be outside your comfort zone.

Being a landlord only ticked my financial boxes, but those boxes are well and truly ticked now, that's why I am selling. I have achieved what I wanted to achieve via property, i.e. financial independence.

The lecturing does however tick other boxes too, and that's why it is by far the best job that I have ever had, and although I don't need to work (for money), that's why I am not retired, although I did come very close and actually handed my notice in. But when they asked me stay on for one day a week basis, I couldn't say no, because I view working one day a week (in this particular job) better than retirement. I will probably work on until I am 66, maybe even beyond that, it depends how our ventures into Spain/the Algarve during the winter go. Because there is a 6 week break between the semesters, I can get away for over 5 weeks every winter, while I am still working. That will get us started at exploring Spain/the Algarve. I'm hoping that we find an area that we really like (good for hiking, jogging, cycling and bowls), leading to buying a holiday home there and spending maybe up to 5 months there, at which point I would retire. Buying a holiday home wouldn't be a particularly good financial move, but I think that the advantage of having exactly what we want (rather than compromising with what we can rent) will become far more important than money.