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Everything posted by Saving For a Space Ship
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Not sure this got a mention from a week ago .. At least 26 English councils ‘at risk of bankruptcy in next two years’ Research from body representing 47 authorities says many could follow Slough, Croydon, Thurrock and Woking into collapse https://www.theguardian.com/society/2023/aug/28/at-least-26-english-councils-at-risk-of-bankruptcy-in-next-two-years
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sorry to hear that, I suspected it . Any chance that as the economy gets worse & the Gov / tax payer becomes more skint, they will give police / HMRC / Enviro Agency more funds , as it will raise more cash for the state ? Has this happened before in previous slumps ? would a public petition to change the law to make the landlords more liable be possible ?
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prop it all up again ...BREAKING: @hsbcuk to offer a 40 year mortgage - so it will last as long as a new undergraduate’s student loan debt! Welcome to 2023! https://www.telegraph.co.uk/personal-banking/mortgages/hsbc-launches-40-year-mortgage-first-time/ https://twitter.com/paullewismoney/status/1696844891962171767 On R4 the other day, some VI was rebranding the bank of mum & dad as 'the bank of family ' ‘Bank of family’ to help a record number of UK house buys this year https://www.theguardian.com/money/2023/aug/28/bank-of-family-to-help-a-record-number-of-uk-house-buys-this-year
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No Parking for you!
Saving For a Space Ship replied to Maghull Mike's topic in House prices and the economy
smaller ev cars / bikes needed not suv wide panzers / w..k panzers More than 150 car models too big for regular UK parking spaces https://www.theguardian.com/business/2023/aug/26/more-than-150-car-models-too-big-for-regular-uk-parking-spaces -
airbnb will pop the bubble?
Saving For a Space Ship replied to spxy's topic in House prices and the economy
aye. not heard this for a while ... -
THE GREAT BIG CHINA THREAD
Saving For a Space Ship replied to winkie's topic in House prices and the economy
china grenfell What's going on? Fires broke out in Tianjin, Beijing, and Shanghai, as well as earthquakes... https://www.youtube.com/watch?v=NuCMcSsye7w China’s shadow-banking industry threatens its financial system Weak economic growth means the country is particularly vulnerable to contagion https://www.economist.com/finance-and-economics/2023/08/28/chinas-shadow-banking-industry-threatens-its-financial-system -
The Wire - Omar and Renaldo rob Old Face Andre. ..."and my change y'all' Stores coming like these https://www.youtube.com/watch?v=NYM16-zh3Hs I read this article about Walmart leaving low income areas,a few month ago, which includes an article on the US side of shop lifting Why Walmart is closing half its stores in Chicago https://edition.cnn.com/2023/04/12/business/walmart-chicago-stores-closing/index.html Stores say shoplifting is a national crisis. The numbers don’t back it up https://edition.cnn.com/2023/01/18/business/retail-shoplifting-shrink-walgreens/index.html
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THE GREAT BIG CHINA THREAD
Saving For a Space Ship replied to winkie's topic in House prices and the economy
To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers Why China’s economy won’t be fixed An increasingly autocratic government is making bad decisions https://www.economist.com/leaders/2023/08/24/why-chinas-economy-wont-be-fixed -
Evergrande (Merged threads)
Saving For a Space Ship replied to TheCountOfNowhere's topic in House prices and the economy
China’s economic model is faltering – does it have the political will to fix it? The country’s property crisis is causing damage that requires Xi to make liberal or market reforms https://www.theguardian.com/business/2023/aug/23/china-economic-model-property-crisis -
THE GREAT BIG CHINA THREAD
Saving For a Space Ship replied to winkie's topic in House prices and the economy
Ft - China stops reporting youth unemployment as economic pressures mount Central bank cuts key interest rate to lowest since 2014 as growth slows in retail sales and industrial output . Property woes deepen https://archive.li/GgrdI#selection-1581.0-1598.7 -
New Purplebricks owner to Strike out chunk of workforce A consultation process due to conclude next week will result in about 15% of the online estate agent’s employees being made redundant, Sky News learns. https://news.sky.com/story/new-purplebricks-owner-to-strike-out-chunk-of-workforce-12933242
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The development was I think Deptford Landings (ea's say sold out, though still flogging shared ownership nearby https://lqhomes.com/deptfordlandings/ ) https://nla.london/projects/deptford-landings-phase-1 (my warehouse was on right of victoria pub ) there was also the Timber yard + Convoys Wharf developments Convoys Wharf: Consultation on next phase in Deptford https://www.fromthemurkydepths.co.uk/2021/07/24/convoys-wharf-consultation-on-next-phase-in-deptford/ Tower Doc Link now working again https://www.dailymotion.com/video/x4asu6x edit : there was a long hpc thread on it http://www.housepricecrash.co.uk/forum/ind...showtopic=49943 but I could only find a shorter one that it loops too.. The Tower Bbc1 https://www.housepricecrash.co.uk/forum/index.php?/topic/50224-the-tower-bbc1/
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The Tower: A Tale Of Two Cities - Part 1 (turn off ad blocker to watch) edit: video is on dailymotion, link now below https://www.dailymotion.com/video/x4asu6x here is vid search link I had just left the area in 2003 from working over the rd. I was founder / coordinator of the London Reuse Warehouse / Creative Supplies Scrap store (formerly South London Childrens Scrap Scheme) which ran for 5 years out of a 10,000 sq ft warehouse in grove st between the scrapyard on the corner & the pub / car breakers. The whole industrial estate was later demolished for expensive flats, can anyone give an update? were they all built? https://www.dailymotion.com/video/x4asu6x
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Nationwide -3.8%
Saving For a Space Ship replied to PeanutButter's topic in House prices and the economy