Discipline

Telegraph: EU threatens France over economic failings

The European Commission will use sweeping new powers backed by sanctions to impose controversial social and economic reforms on European countries later this week.

Posted by dill @ 07:19 AM 1 Comments

Saturday, May 25, 2013

Obsession and regret

Daily Mail: One in five homebuyers are plagued by regrets

Nearly one in five Britons say they made a mistake buying their house and aren’t happy with the deal they have ended up with, a report shows. From buying next to a noisy airfield to paying too much or getting the wrong mortgage, almost 20 per cent of us have a significant regret about our homes, according to consumer watchdog Which? Money. on Facebook

Posted by peter_2008 @ 11:44 PM 2 Comments

Radio Broadcast in Australia explaining the traumatised society that has been Created by hous price

3CR Radio - Renegade Economist: The Cheating Vulnerability

The Cheating Vulnerability: Fred Harrison, the economist to accurately predicted the last two recessions, discusses his new book The Traumatised Society, delving into how the burden of economic & environmental malaise is stripping society of its rationale through high house prices and how this has happened thoughout history

Posted by pete green @ 12:48 PM 3 Comments

Friday, May 24, 2013

When America sneezes..

Zero Hedge: The Housing Unrecovery Is Here: Lumber Enters Bear Market

Not looking good for proberdee investors in the US... Still, if things do start to look as though they'll move downwards, they could go back to the reckless lending of old, such as recommended by Osborne with his Help to Sell initiative.

Posted by stuartking @ 07:42 PM 3 Comments

Time to sell your Rightmove shares?

Planet Property: Time to sell your Rightmove shares?

Pull up yer chairs - this should be fun! Estate agents are appealing to the spirit of co-operation in a bid to topple Rightzoopla. Apparently they don't like the fact that "70% of Rightmove’s income is profit" ... Viva La Revolution!!!

Posted by the planet @ 01:16 PM 2 Comments

Lots of Data from the BBA

BBA: April 2013 figures for the high street banks

Average Value of Loans £155,900 and many other interesting pieces of data. eg: Number of motgages offered MoM (dropped by 0.1%), New Household borrowing £16bn in April. Savings stats and a lot more. Offers a .pdf or Excel download.

Posted by alan @ 11:48 AM 2 Comments

Bank deposits rise as consumers opt to save

Myfinances.co.uk: BBA reports slight uptick in mortgage approvals for April

The British Bankers Association (BBA) reports that mortgage approvals went up in April helped by government schemes that aim to help more first-time buyers get onto the property ladder.

Posted by ben @ 11:25 AM 1 Comments

Thursday, May 23, 2013

They were trying to help QE for Britain!

BBC: Three men jailed over 'largest' fake £1 coin plot

"Three fraudsters have been jailed for what is believed to be the biggest ever plot to make fake pound coins - after 50,000 false coins were found". "Det Insp Bruce South said: "These three men are organised criminals who were intent on undermining the UK monetary system". Pity someone doesn't arrest the world's Central Bankers too.

Posted by alan @ 05:47 PM 3 Comments

Across the pond, a recovery in House Prices

Bloomberg: U.S. House Prices Rose 7.2% in Year Through March

"U.S. house prices rose 7.2 percent in the year through March, the biggest gain since May 2006, the Federal Housing Finance Agency said". "Prices jumped 16.1 percent from a year earlier in the Pacific area, which includes California, Washington and Oregon. In the Mountain region, including Arizona, Colorado and Nevada, the gain was 14.4 percent, the FHFA said. The Middle Atlantic area -- New York, New Jersey and Pennsylvania -- had the smallest increase, at 1.6 percent".

Posted by alan @ 05:41 PM 4 Comments

When property details go wrong ... XXX master bedroom

Planet Property: When property details go wrong ... XXX master bedroom

We've seen some strange stuff on property details ... but is that what I think it is on the bedroom floor ... ??!! Yes. Yes. YES IT IS!!

Posted by the planet @ 01:18 PM 0 Comments

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