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the_duke_of_hazzard

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Everything posted by the_duke_of_hazzard

  1. The Earl's Court development is bizarre - who wants to pay super-prime prices for a flat there? It's a decidedly unattractive part of town.
  2. The area I'm looking at (SE London) appears to be going a little soft at the moment. Properties that previously would have shifted fast are sticking. There are some unusual listings. Take this one: http://www.rightmove.co.uk/property-for-sale/property-40052610.html a 3-bed that's been divided up into a '6-7-bed' house. Looks like a BTL investor is nervous. It'll be interesting to see what happens after April, and then again in 2017 when HTB for non-new builds ends.
  3. I live in a two-bed victorian house in zone 2, in a so-called 'prime' location, and pay 1580pcm. My monthly rent has gone up about 230pounds in 7 years. The value of the property itself has probably gone up 70% in that time.
  4. Interesting site: https://www.zauba.com/importanalysis-radial+truck+tyre-report.html Doesn't seem to show a downturn though.
  5. Trade is not collapsing: http://www.forbes.com/sites/timworstall/2016/02/09/whatever-the-baltic-dry-index-says-global-trade-is-not-collapsing/#785db90c7cd2
  6. I've been investing in shares over the past 4 years on the assumption that asset prices will fall together and I'll be able to afford a hovel if there's a crash or rely on an income if there isn't. Fingers crossed.
  7. Interesting that London is so much higher than SE. I would love to see a breakdown between PCL and Greater London.
  8. K&C down == no russians oligarchs Westminster down == no chinese apparatchiks, no saudi money Middle ground == HTB and downsizing + stamp duty changes pushing remainder of elites there Newham == one can only wonder I find the relative prices of Hammersmith and K&C interesting
  9. And that's when there's not a collective rush to complete. We all know how speedy solicitors are at the best of times, let alone when there's a high demand for their services.
  10. http://www.ibtimes.co.uk/london-property-falling-oil-price-will-fuel-prime-central-housing-market-1541746 oil price rises == pcl boom oil price falls == pcl boom
  11. http://www.standard.co.uk/news/politics/conservative-mp-admits-he-cannot-afford-the-deposit-to-buy-a-house-a3176886.html
  12. I for one welcome cheap new builds. I don't want one, and it will keep FTBs away from the kinds of places I want to buy.
  13. Barclays have a hiring freeze. I know because we had to ask the new CEO if we could backfill someone that left.
  14. http://in.reuters.com/article/usa-fed-williams-idINKCN0V72PN 'Williams said that over the past several months nothing had fundamentally changed in his view of China's growth path, and that even the Bank of Japan's surprise move to negative interest rates on Friday had not changed his baseline forecast for the U.S. economy.'
  15. Well, it's only on new housing, so it could be argued to be a form of subsidy to encourage building.
  16. The causation could be the other way round, ie when prices rise more investment goes there.
  17. The people whose fingers have been burned by a 15% fall in PCL values are not likely to be bleating about it in Daily Mail message boards.
  18. Typical 1%ers thinking only about their own concerns. The vast majority have little choice about their consumption, and are not 'cautious' about anything.
  19. SOUTHWARK 520,547 637,274 22.40% My borough. My rent's gone up 1.5% in the last year.
  20. MPC has only had rate-setting powers since the late 20thC. As I recall bank failures pre-Thatcher were relatively rare, ie before Brown gave the FSA responsibility.
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