... you'd better shake up...

Evening Standard: London house prices: Demand for stamp-duty shake-up to boost central London market

Bemoaning the SDLT from the VI gang on the basis that it hits workers : One of London Chamber’s primary concerns is that ordinary Londoners can afford to live and work in the capital, helping businesses attract and retain the best talent.  In the words of Ace Ventura.... oh reaaaallllyyy?

Posted by techieman @ 07:38 AM 8 Comments

Wednesday, Jan 4, 2017

Will the global House of Cards tumble....

Torygraph: Fears of a 'massive' global property price fall amid 'dangerous' conditions and market slow-down

"Property prices have climbed to dangerous levels in several advanced economies, raising the risk of massive price falls if markets overheat, according to the Organisation for Economic Co-operation and Development (OECD)."

Posted by pete green @ 10:16 AM 17 Comments

Monday, Jan 2, 2017

Does not resolve the fundamental issue

Telegraph: 14 New garden towns and villages to provide 200,000 homes to ease housing shortage

With free movement of people, you could build 100 new towns and it would just cause more people to come, particularly with the Eurozone having porous borders to the middle east and Africa, bringing in unvetted people, many of whom are illiterate and incapable of supporting themselves and their families. Of course, few of them will be able to afford any of these new houses. Fine, have lots coming in, but at least work out how many homes we have and can build and be in a position to plan for not only homes but schools, hospitals, jobs, etc!!

Posted by libertas @ 10:55 AM 2 Comments

Sunday, Jan 1, 2017

All of the mainstream political parties are complicit

Independent: Number of private renters made homeless has trebled since 2010, figures reveal

Thousands of renters each month are being deemed officially homeless by local councils after being evicted by private landlords and struggling to pay rents that have risen across the country by more 20 per cent since 2010. The figures show a huge rise in people becoming homeless at the end of assured short hold tenancies (ASTs) 'the most common agreement used by private landlords' since 2010

Posted by quiet guy @ 01:27 AM 3 Comments

Thursday, Dec 29, 2016

Dollar repatriation

WebCommentary: Steve Bannon plots economic destruction

Interesting view that as soon as the fed tightens i.e. stops the support of the bond market, then nominal rates can be very low because as dollars are repatriated to the US you can get an effective return from the dollar increasing in value.

Posted by stillthinking @ 03:41 AM 5 Comments

Tuesday, Dec 27, 2016

Feeding frenzy to extract profit hits homeless

Green Social Thought: Attack on St Louis homeless foreshadows things to come

More poor and homeless are being shoved off land when its value goes up. Here are some of the official tactics in one US city.

Posted by icarus @ 06:27 PM 0 Comments

Official figures overstate the level of home ownership

Guardian: Generation rent: official figures overstate UK home ownership - study

Official figures do not count the number of people who own their own homes but the proportion of properties owned by an occupier of a property. This means if a person bought a house and took in three lodgers, the property would then be counted as owner-occupied and the three people renting “drop out of the picture”. Similarly, if five unrelated people share a house this would be counted as one rented household. The same principle also applies to an adult returning home to live with his or her parents.

Posted by enuii @ 05:34 PM 5 Comments

Saturday, Dec 24, 2016

Meanwhile, cuts in social care for the elderly are causing soaring deaths.

Daily Mail: Just 34,000 migrants out of 1.2million to arrive in Germany in the last two years have found work, government reveals

Of course, if we did not finance radical Islam to replace dictators like Gaddafi, Assad and an elected Egyptian President, to replace it with something even worse and allowing ISIS to take Iraq after taking out Saddam, we could instead use foreign aid to encourage secular education and literacy in these countries so that the huge number of illiterate individuals being radicalised can instead have the ability to think for themselves and maybe lead normal lives and be prosperous in their homelands, building a middle class that can construct the civil society that can be the only replacement for dictatorship, that is simply a virus that fills the void? Meanwhile, Europe has a major housing crisis cause by mass migration whilst social welfare is shifted from our most vulnerable citizens.

Posted by libertas @ 08:31 AM 8 Comments

Thursday, Dec 22, 2016

Remember this next time you watch a property investor TV show

Guardian: Home ownership among 25-year-olds in England and Wales has halved in 20 years

"It must recognise that a renaissance in housebuilding by councils will be crucial to helping ensure the mix of homes to rent and buy that are affordable for those people that need them."

Posted by quiet guy @ 01:24 AM 6 Comments

Monday, Dec 19, 2016

A good analysis of market drivers...

Andrew Goodman Blog: The Fallacy of Booming UK House Prices

... of course as usual timing is everything. The blog has other interesting HP articles too.

Posted by techieman @ 08:51 AM 5 Comments

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