I think i said on some article i posted and i know people here are on this site for over a decade because of interest in economics, but actually, its true. The only thing you can do is front run the government because the whole thing, the entirety, is administered. House prices clearly looking squeaky, so government is intervening on pricing. Is this a market?

The biggest figure is 4,585,600,000 (4.5 Billion) of long term debt. Any ideas who is holding this debt and not getting paid?

If you though CDO, MBS securities were dead and part of 2008 crash. Think again. But not as they Commercial MBS are not paying as the rents are not being paid, Who is not getting paid? What I'm looking for what is the next debt fueled domino to fall? Who is the next one who took debt and bought these securities and now can't pay up

Given the BBC misreporting on this, documented below, for balance here are the correct headline stats. House prices continue to fall, more than paying for my rent in the last two months assuming I eventually buy. No figures are provided for MOM by region so we don;t know NW's estimate how MOM has panned out in England, Scotland Wales and N Ireland separately.

Nationwide figures show yearly decline. The second half of 2020 is going to be steal test... You don't say!

Posted by magnifico @ 09:54 AM 15 Comments

Not strictly about house prices but I put here because incredibly, on the output per hour worked, the most "productive" sector in the UK economy, and its an amazing 3x the next most productive, is real estate activity. The most productive part of the UK economy is selling properties amidst ourselves.

Posted by stillthinking @ 01:17 AM 8 Comments

posted in the forum. stats documenting vanishing high LTV mortgage products.should feed through pretty directly to prices, no?