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MattFC

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About MattFC

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  1. I think this is a bit harsh.. you make the presumption here that the parents made an informed and rational decision.. I suspect rather its a vicious cycle, start work at a young age, miss out on an education and not know about birth control etc hence more children. For me where the issue is is around the child not being able to make an informed choice.. to work is not their decision. As an adult, the choice is there, make a living albeit on very low wages presents a better option than having no wages at all, so its a rational choice. for the child, they have had this choice made.. and once in the cycle, very little chance of getting out, and history repeats itself p.s. have you tried fishing in polluted over fished waters.. or farmed in 40c for 14 hours a day?
  2. IMHO he has worked very hard to put this FREE piece of software together... and in the spirit of sharing his efforts, this has now been extended to allow others to capitalise on each other’s efforts... just what can be great about web based collaborative technologies. Whilst I appreciate what you are saying, I still think the new benefits massively out weight the cons. So, back to pencil and paper for you.. good luck.
  3. Your wish has come true... MAJOR new property bee update that now has sharing.. so the more who sign up.. the more data we will all get. Go to Tools->Add-on and then click on check for updates and follow the instructions. Superb!
  4. Sadly I believe the two "contracts" would be treated separately.. i.e. you tenancy contract, and your landlords mortgage, and therefore the landlord is only in breach of contract is you can no longer gain access to what you are paying for, in the manner agreed in your tenancy agreement, his financial situation with regards to his mortgage is so to speak not your concern.. in theory. I am by no means and expert, so I would suggest you getting into contact with proper advice. Some info..
  5. And given what is happening with respect to data protection (or lack of rather..).. the BoE could assess the 3.5x based on filed tax returns at HMRC
  6. Yes Excel 2007. Re your question... the lines aren't correlated if that makes sense.. in that they are just there to give an overview of the data, i.e. the cheapest house was 104k, most expensive £999k (I did trim the couple of >1m houses out).. and for those houses, min reduction was 0%, max was 12% etc.. make sense?
  7. Agreed.. based on the Guardian article (link post somewhere here).. they used the equity in one property as the deposit for the next.. so the gearing is not linear but racks up exponentially... which is great if prices rise, but also means the reverse is true, when prices drop, the pyramid start to fall apart.. in a rising market they don't need a huge pile of dosh to build an empire... but in a falling market they will need quite some reserves to cover their positions might see if I can get a few moment to mock the model up in Excel.. would be fun to play with!
  8. Quick pass through the data:- Summary Charts
  9. Saw that also... there is a combo of people chasing down the market (those who need to sell) and then quite a few properties especially at the higher end (450k +) where judging by their pricing, they don't need to sell as they have been sitting at an unrealistic level for 6+ months... I have only been using property bee this year, but there are plenty of properties that haven't moved since summer last year. Summary View Time taken for status to change from Available to Under off or Sold % Reduction vs Property Price Days on the Market vs % Reduction
  10. Hi, The time period is based on when I got property bee.. so since approx 126 days ago to 10 days ago. I have a macro and try and run at least daily, but have had breaks so not 100% accurate, hence I have removed data that is less than 10 days old at the moment so as not to distort the results.. That said.. there are property that have been on rightmove in this data, that I have seen back last summer. In terms of small town, yes, but a fairly prosperous town overall, Acorn type 14 classification, which is the same as Guilford, St Albans... and only 30 mins train to Kings Cross so prime commuter town, so have been quite surprised as to how aggressive some the cuts have been.. all thing being relative (i.e. there is still a long way to go) Data Summary Reductions vs Originals Days on the Market vs % Reduction Time taken for status to change from Available to Under off or Sold
  11. I have been watching the SG5/4 postcode (Hitchin, Hertfordshire) for a while now using property bee, and though I would share with you my findings. Whilst this isn't very scientific (as I haven't been able to run the same search every day (so day related data a little iffy), and have changed the criteria, it still gives a good general picture. I would be interested in your observations on the data.. from what I have seen, there are no real direct correlations between reductions and time on the market.. or value of the property, seems rather as I suspected that its quite emotionally driven.. The overview of the data sample is as follows % Reduction vs. Original Property Price Days on the Market vs % Reductions
  12. Forgot a chart.. This one is the time on the market until the property status changes to Sold STC or Under Offer.. of course most are still available
  13. I have been watching the SG5/4 postcode (Hitchin, Hertfordshire) for a while now using property bee, and though I would share with you my findings. Whilst this isn't very scientific (as I haven't been able to run the same search every day (so day related data a little iffy), and have changed the criteria, it still gives a good general picture. I would be interested in your observations on the data.. from what I have seen, there are no real direct correlations between reductions and time on the market.. or value of the property, seems rather as I suspected that its quite emotionally driven.. The overview of the data sample is as follows % Reduction vs Original asking price % Reduction vs days on the market
  14. In terms of how this may play out.. you might be interested to read this very informative study, done as part of a scenario planning exercise used to shape the companies strategy. IMHO a very good piece of work, and pretty objective Energy Scenario's to 2050
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