Jump to content
House Price Crash Forum

covant

Members
  • Content Count

    77
  • Joined

  • Last visited

About covant

  • Rank
    HPC Poster
  1. I'm looking for information on the health of UK businesses, especially Small businesses. Is there anyone with trend information similiar to average house prices? Can get unemployement data but don't feel that is a good indication of the health of businesses. Business failure rates might be better information. Seems that Dun and Bradshaw have in the past provided such information but can't find anything remotely up to date on the this site or elsewhere on the net.
  2. covant

    It's Not Happening Is It?

    +1 Do consider the 3 years of slow decline might take a back seat to the large economic impact in such things as ongoing QE and an election.
  3. covant

    My Solution To Uk Housing Crisis

    Won't make any difference. You are suggesting is like having a leaking bucket full of water and applying elasta-plasters all over it. It still might leak, but if it doesn't now it will eventually as the water will overflow out the top of the bucket. The only way you can stop bubbles is to remove the underlying creation of them. Bubbles are created with the increase of money, which is from debt. To stop bubbles once and for all you have to stop debt. Make debt impossible and have a safe reliable system with no bubbles.
  4. Please keep posting, this site is all the better for people like you. 3.39 loan to income from CML is from a house of £118,845 for First Time Buyers. So first time buyers aren't buying an average house of almost £200000 at peak, but a bottom of the market £120,000 property.
  5. covant

    Peter Schiff Lecture

    http://www.youtube.com/watch?v=YLIrMn4UOsw#t=6m10s
  6. Deflation is not prices going down. "Deflation is a contraction in the volume of money and credit relative to available goods." http://www.elliottwave.com/what-is-deflation.aspx When businesses are going bust, houses being repossessed and stock market falling (all sound familiar?) these are signs of deflation. If you are a STR and sitting on cash then relative to others you are fine. The falling of prices is not deflation but is likely to happen as a result of deflation as there isn't the availability of easy money to push or keep prices up.
  7. I doubt interest rates will go down further and expect they stay low for the next year or two while the economy is in deflation. Still in what way is it sad?
  8. Perhaps because the market seems happy with it? Deflation is not good for the market either it seems, so perhaps on balance today's announcements are quite appropriate. http://www.thisislondon.co.uk/standard/art...orse/article.do A bit of political reality from Mr King could be taken as a positive move.
  9. covant

    Ns&i Indexed Link Savings

    How can that be? RPI was not negative over that period from August 2007 to August 2008.
  10. In the UK shares (FTSE) have fallen more then property prices.
  11. Why is an Indian a more shrewd investor?
  12. covant

    Land As Inflation Hedge

    http://www.housepricecrash.co.uk/forum/ind...howtopic=106010
  13. covant

    Land As Inflation Hedge

    Property land yes, but what about farmland? As food prices rise farmland yields will increase, as would the capital value.
  14. covant

    Land As Inflation Hedge

    That's building land. Building land is going to fall somewhat in line with house prices. I think the OP is talking about none building land fr "Ideally I'd like a few acres of mixed/woodland out in the sticks"
×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.