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Home among record high inflation and living costs
WITH Covid seeming never-ending, the war between Russia and Ukraine, flooding across the nation and now inflation rates and living costs at record high rates, a Brisbane father and property advisor has launched a Better Future Day on May 13 to give the community hope among growing disillusionment with the state of the world.
Colin Lee, aka Property Prince, is passionate about helping to give faith to people who are frustrated about what’s happening in the world and feel helpless and hopeless about the future.
Mr Lee is the founder of Inspire Realty and a multi-award winning investor who has inspired thousands of people worldwide to become financially secure.
“With the cost of living increasing and rising depression and suicide rates worldwide, I want to help more people come out of this mess and inspire a new generation of investors,” Mr Lee said.
“Young people are getting more and more disillusioned. They have to have a plan for their future and we can help with that.”
The American consumer price inflation recently hit 7.5 per cent, the highest in 40 years, and the US central bank made its first rate hike in years.
In Australia, inflation is officially 3.5 per cent and the prices of many everyday items that we buy are rising much faster, especially petrol hitting over $2 per litre recently in Australia.
Economists expect the Reserve Bank to announce its first lift in official interest rates in more than 11 years by June 2022 and financial markets are betting the cash rate will reach 2.5 per cent.
Mr Lee hopes that the Better Future Day (marking his 42nd birthday and a celebration of life) will inspire people globally to consider there is always light among the darkness.
“Despite all the dramas going on in the world, there is always something we can be grateful for and always hope for the future,” Mr Lee said.
“It’s all about whether we are willing to make the most of our precious lives or not and when we step up, we inspire the world around us.”
Having had many of his own challenges, being brought up in Malaysia and being made redundant three times from other jobs before starting his own business in January 2020, he knows full well how depression feels.
He volunteers for Mentoring Men and is passionate about helping men who are feeling depressed, knowing that two out of three suicides in Australia are by men.
He also has a goal to print and distribute 100,000 indigenous children’s art bibles to remote communities in Australia with the Bible Society, which will be the first of their kind in history.
“I want to impact the world and genuinely make a difference. I want to give back to Australia which has adopted me since 2000 and given me so many new opportunities I didn’t have in Malaysia,” he said.
For more details, visit www.inspirerealty.com