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baby bear

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About baby bear

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  1. http://www.guardian.co.uk/money/2008/sep/0...s.housingmarket has a few interesting nuggets, amongst which it mentions And indeed, there's two of them on there for 15K in the Sep 30th list.
  2. On Pattinsons, I notive they've gone all e-bay: online auctions, complete with visible bids and time remaining: http://www.pattinsonauctions.co.uk/Propert...opertyList.aspx The property list now puts the cheaper ones first. Sensible. I'd wondered what their web designers had been up to. I could have guessed they weren't spending time improving the image handling! ;-)
  3. I've been using property-bee on a search returning about 3500 houses around Newcastle (70-160K, houses, 3+bed, not new, 5 miles from Newcastle upon Tyne, include stc) Over the last week there's been about 125 reductions, as against 3 or 4 price hikes. A few of the better reductions: rm19313402 ( http://www.rightmove.co.uk/viewdetails-193...=1&tr_t=buy ) Price 2 May 2008: 145,000, 8 May 2008: Offers in Excess of 130,000 rm19743530 ( http://www.rightmove.co.uk/viewdetails-197...=1&tr_t=buy ) Price 29 Apr 2008: 155,000, 8 May 2008: 140,000 rm9900144 ( http://www.rightmove.co.uk/viewdetails-990...=1&tr_t=buy ) Price 29 Apr 2008: 129,950, 2 May 2008: 116,955 rm9902256 ( http://www.rightmove.co.uk/viewdetails-990...=1&tr_t=buy ) Price 29 Apr 2008: 129,950, 8 May 2008: Offers in Excess of 117,950 rm10262721 ( http://www.rightmove.co.uk/viewdetails-102...=1&tr_t=buy ) Price 2 May 2008: 159,950, 4 May 2008: 140,000 (I'm just looking at the price differences here - no idea what the properties are like. Ghastly, more likely than not!) Quite a few of the reductions are over 5,000 off, but also a lot taking one or two grand off, or moving from "offers in excess" to "offers in the region", and so on. I'm also seeing quite a few go from STC or under offer to available, even though I've only been looking for a week or so.
  4. http://ftalphaville.ft.com/blog/2008/04/16...her-and-higher/
  5. The ft has an interesting and possibly related story up just now: http://www.ft.com/cms/s/7eeb4eb2-05ab-11dd...00779fd2ac.html Not sure how much to worry about this one.
  6. I guess it is that paper - in Newcastle we see it trodden into the floor of the bus in the morning. It's an advert, though, not an article. The graphic looks very familiar, though: a signpost with "Buy to Let" and other dubious directions indicated.
  7. Roy Harper, anyone? Surely a splendid opportunity for filk here!
  8. Regards the meaning of "supply" and "demand", there's an excellent post on here which spells out how these terms pan out in relation to the economics of house prices. I've done the grunt work and found it for you! :-) http://www.housepricecrash.co.uk/forum/ind...c=61518&hl= Recommended reading. It has graphs, and everything!
  9. I would take the Larouchies with an EU food mountain's worth of salt.. From what I've read, his organisation is a bit like the Moonies, but with a secular ideology involving philosophy, economics, politics, and a hefty dose of conspiracy theory, rather than the Moonies' religion. Like the Moonies they have a large monied organistation with considerable behind-the-scenes political resources and involvement. See, for a random example: http://www.rickross.com/reference/larouche/larouche21.html which is part of an extensive collection of criticism at : http://www.rickross.com/groups/larouche.html I've no particular regard for Rick Ross, BTW, but some interesting reading there, nonetheless, which at least establishes the case for looking closely at the "cultic" aspect of Larouche's extensive organisation. For another view, you might like to have a look at: http://www.sourcewatch.org/index.php?title=Lyndon_LaRouche which contains a fair smattering of claims and counterclaims regarding Larouche. Myself, I find that I've agreed with a few of his policy positions pver the years - anti both Gulf Wars, for example, and his (rather surprising) support of Clinton during the Lewinsky affair. A lot of his material is seductively plausible on the surface. But when you delve into the details of his organisation and its history you get quite a different picture - even leaving aside his more ridiculous claims such as the famous one that the Beatles recording career constituted a deliberate act of psychological warfare conducted by a famous British psychological organisation (the Tavistock Institute). H.R the Queen as the biggest drug pusher in history, however, I could quite easily believe... ;-)
  10. Odd that they don't mention the actual drop hometrack recorded for december, 0.3% as it was reported around December 23rd - http://news.independent.co.uk/business/new...icle3280476.ece , for example. The final two paras (quoting Hometrack's Richard Donnell) are also a bit strange: With wage inflation expected to run at around 3-4% during 2008, that "low, single digit" HPI will need to be very low to make much impact on affordability within 18 months, I'd have thought!
  11. NE based EA Pattinson's do auctions: http://pattinson.co.uk/public/Content/Auctions/Default.aspx See also auction info in a thread on here (if you haven't already) - http://www.housepricecrash.co.uk/forum/ind...showtopic=59619 Edit: posts that cross in the night ... ;-)
  12. http://news.bbc.co.uk/1/hi/business/7128308.stm
  13. There was an interesting introductory article on the level 3 matter in Asia Times, three days ago, which I found to be a bit of an eye opener. Some quotes: Level 3 storm about to hit Wall Street
  14. Registration is free, but I find you can get round it anyway by deleting all your cookies from ft.com every time you get the "registered users" message instead of the article.
  15. They certainly don't mince words at atimes.com ! Here's another one, whose headline sounds like a cgnao thread... Level 3 storm about to hit Wall Street Some of the article: For economics noobs like me, it's worth reading the full article for the breakdown it gives of the different brands of financial insecurities afflicting the US banking sector.
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