Total melt down
As the move to Australia looms closer all the financial assets and avenues are in a melt down. Generally there appears to be a shedding of assets in South Africa, whether it be to reduce costs or because a significant number of people are considering or going ahead with emigration I don't know. I was offered R50 000-00 cash for a vehicle, whose book value is R73 000-00 and was told that this would be the best price I would get if I wanted to sell. The same again for my wife car being offered R15 000-00 less than the book value. The house has not sold yet and the price has been dropped by R260 000-00 which is a 21% drop in price. The last two weeks have been the Cherry on the cake, the Rand value has dropped through the floor boards, so the money that we manage to scrape will be greatly devalued against the Aussie Dollar (From R5.93 to R7.60 to the Dollar) Lord when is it going to stop. The few things I do have to be grateful for, is a wonderful loving family with an exceptional wif...