Archive for July, 2008

Where the Hell is Matt?

Fun 2 Comments »

Matt is a crazy guy from the US who decided to quit his job as game programmer and travel all around the world. On each place that he visited, he did a stupid dance. Matt said that it is the only dance he can perform. :) Then, he created a video that contains his dance on all places that he has visited. The video got very popular on the Internet and he even got a sponsor to pay for his second trip.

Enjoy his videos!

We are in Recession!

Finance No Comments »

We are now officially in recession although some people said it’s been obvious since a couple of months ago. What can we do? I don’t know. :(

Recently, I read the latest report from S&P/Case-Shiller about US home prices. Bespoke has summarize the report in a very nice graph (see below).

case_schiller

I also read a report about UK house price forecast from The Market Oracle (see below). They predicted the housing price in the UK will drop 15% over the next 2 years (minimum). It’s very scary, isn’t it?

uk-house-price-forecast-may08

How about Canada? Dr. Sherry Cooper from BMO Capital Markets published a prediction about home price in Canada. If you look at the chart below, she is saying that Canadian housing market is two years behind the US counterpart.

us_canada

Tuition Fee for $20 Per Semester

Rants 1 Comment »

Books and pages
(Picture is from stock.xchng.)

I have been asked several times about tuition fee at Indonesian universities. It’s not an easy answer. When I pursued my bachelor degree at the University of Gadjah Mada (UGM), I paid ~$20 / semester for my tuition fee. Yes, it was 20 bucks (not 20 thousands).

Well, it’s true that I studied at the university about 15 years ago. However, I believe the current tuition fee is still below $250 / semester (anyone from UGM to confirm?)

Why is it so cheap? Firstly, UGM is a public university. Private universities usually charge much higher tuition fees. Secondly, Yogyakarta, the city where UGM is located, is an inexpensive city to live.

Just to give you an overview, here is a list of my spending when I was living in Yogyakarta (again, it was 15 years ago):

  • Room rental: $10 / month
  • Food: $20 / month
  • Transportation: $5 / month
  • Entertainment: $5 / month
  • Miscellaneous: $10 / month

Of course, the costs are 3-4 times more expensive now; but still they are quite cheap. Just for comparison, I can easily spend $20 for a dinner in Vancouver.