A cousin sees hope on inherited estate wherein she is all ready disinherited

Nation building via learning and being the best in business

A cousin recently called me about the inheritance the sibling had (and they are 5) and for which she is excluded.   She was quarreling with the rest of family, but I encouraged her to attend events of sis and brod and which she did.

She told me her sis who was almost 40% interest in the property approached her so that the same could be liquidated/sold and PHP divided. 

So I proposed:

    1  To have subidivided plots project

    2  I made three price points:   low mid and high with interest ranging from 6 to 9%

    3  Net proceeds after dev cost com amount to 4M2@ for low,  P5M @ for mid, and P6M for high

    She would earn ORC for marketing the project of up to 5% of gross

From zero to something.    Entrepreneurs really create wealth

Elon Musk is the world's first trillionaire with Space X IPO

Nation building via learning and being the best in business

This was unthinkable a decade ago.   

5 worlds richest men

Have the recent political developments caused decline in business activities in the Philippines?

Nation building via learning and being the best in business

Early on, this post thinks no but the prolonged and deteriorating political situaiton have now caused fall in investor confidence, lack of focus among population and have divided the nation.   Its now affecting business.  

Risk management or being ultraconservative?

Nation building via learning and being the best in business

This post just show collapsed building at the cities in Southern Philippines which experienced magnitude 7.8 tremors recently.     Many have been injured many have died.

We had a project in Polomolok, a municipality 15 km from Gen San and we could have gone on investment spree at neighboring towns which now are very progressive.

But the recent earthquake may have pushed back progress by a couple of decades.  Maybe reconstruction will be quick.  The earthquakes have been strict building inspectors.   And clearly many have subscribed to lower magnitude of earthquake, or enforcement have not been up to par.

This post avoided investments in

    1.   Tagaytay (near Taal volcano)

    2.    Baguio (Punongbayan said that a lot of geological changes will take place in Baguio

    3     Pampanga and Zambales (due to Pinatubo)

    4.    Bulacan (it is sinking)

Is this post being ultraconservative or is this wise risk management?

What do you think of these disasters vs investments?

George Bockl, whose book on real estate I read many times warns of unchangeable faults (those that exist and cannot be remedied by repairs of human efforts.  Who can prevent damages from earthquake or volcanic eruptions? or collapse of property near a riverbank or sea?

What Patton did to Lt who stole from house of conquered civilians

Nation building via learning and being the best in business

The usual paradigm for the military is for victor to bring home the spoils.  Thus the Nazi loot, Yamashita gold.  But Patton was against that.   Patton did not want the victors to pillage.  There is no honor in fighting and killing others to be the same as the people whom you fought....

One of the things that conquerors must do is not to steal from the captured territory.

"No taking of captured, no looting"   Theft was  subject to court martial

Patton asked the Lt to remove his uniform and remove the bars of his rank.  He  was demoted to private

I took up reserve training and this does not seem to be the rule.   The organic officer seem to be stealing the uniform budget and even the patrol allowance.   Let us awaken the ghost of Patton.

Real estate has now become very expensive; how do you find shelter for the future generation

Nation building via learning and being the best in business

Early on this post tried very hard and entered into housing development in order to provide affordable housing for the working class.   The housing loans were P180K at most but land was cheap:   2 numbers and construction cost was still 4 digits.

But now raw land is in high 4 to 5  (in some areas this is 7 numbers) numbers and construction cost is in mid 5 numbers.     You cant reach their affordability  level.  And the wages, productivity are not keeping up.  

Are we in the same status as other countries where affordability, even rent is beyond the rich of the middle class (even In Japan, US, Europe) that is why citizens sleep in cars or tent (homelessness is up)

What happens to our childrens housing?  What can be the solution?   Capsule shelters, tents?