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Saving For a Space Ship

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Everything posted by Saving For a Space Ship

  1. Third of low-income households unable to pay bills, finds research Nearly 4 million households earning £25,000 or less report falling behind, up threefold since pandemic https://www.theguardian.com/money/2021/oct/21/third-of-low-income-households-unable-to-pay-bills-finds-research
  2. China Evergrande shares fall sharply after $2.6bn asset sale falls through ‘No guarantee’ Chinese property giant can meet its $305bn debts, starting with a deadline on Monday that could trigger default https://www.theguardian.com/business/2021/oct/21/china-evergrande-shares-fall-sharply-after-26bn-asset-sale-falls-through
  3. Corporate Greed the 'Real Culprit Behind Rising Prices,' Researchers Say https://www.commondreams.org/news/2021/10/14/corporate-greed-real-culprit-behind-rising-prices-researchers-say
  4. China’s Evergrande crisis: clock ticking as crucial debt default deadline looms A default by the property giant could have far-reaching consequences for China and the global economy https://www.theguardian.com/business/2021/oct/20/china-evergrande-group-crisis-clock-ticking-as-crucial-debt-deadline-looms
  5. On London’s crumbling high streets, two massive real- estate investors are banking on opposing strategies. https://www.institutionalinvestor.com/article/b1v2n76ygxrw50/The-Great-Retail-Reset
  6. Chinese developer Sinic defaults as Evergrande deadline looms https://californianewstimes.com/chinese-developer-sinic-defaults-as-evergrande-deadline-looms/563225/
  7. I posted this vid on the main Evergrande thread ..... Mods merge ? .....or perhaps it deserves its own thread if its focusing on the Evergrande etc effect on global / uk hpi ? evergrande effect on london property ...2.15m in Could Evergrande Impact Global Property Prices?
  8. China’s Model of Dictated Economic Growth Blew Up by Wolf Richter • Oct 17, 2021 What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt. (an estimated) '108 million flats under construction' ....property developers now selling some for under half price https://wolfstreet.com/2021/10/17/the-wolf-street-report-chinas-model-of-dictated-economic-growth-blew-up/ Praxis Explosion Opening Scene evergrande effect on london property ...2.15m in Could Evergrande Impact Global Property Prices? https://www.youtube.com/watch?v=LHJM3qrJKO8 Evergrande Got a Clean Bill of Health From PWC Months Before Collapse https://youtu.be/gHnTvH_ynR0
  9. Greater detail here.. Will the debt destroy China's housing market? The market cools down and the engine is almost dead https://www.youtube.com/watch?v=tzQ1J4MzRqQ
  10. Star Trek VI The Undiscovered Country - Praxis Explosion Opening Scene https://www.youtube.com/watch?v=XqGnAIgzUTY
  11. Christmas shortages loom as Felixstowe struggles with backlog Suffolk port handling 40% of UK’s containerised imports and exports forced to turn away ships from Asia https://www.theguardian.com/business/2021/oct/12/christmas-shortages-loom-as-felixstowe-struggles-with-backlog
  12. Just posted this article on the HPC Construction Materials & Lorry Driver Shortage Set to Continue thread but thought it deserved its own thread as the shortage / inflation was now affecting the offers made on buying houses, in this case by 10-15% ‘Utter catastrophe’: Builders quitting, no materials and soaring costs ruin renovation dreams As the construction supply chain is crippled, homeowners' plans are falling by the wayside https://www.telegraph.co.uk/property/uk/supply-chain-crisis-destroying-britains-home-renovation-boom/ Who hoarded / wasted many of the building materials on poorly built and maintained ghost cities, then left them to rot ? China's Biggest Ghost City - The Military Chased us Out! https://www.youtube.com/watch?v=UPwtUTrwKRI
  13. ‘Utter catastrophe’: Builders quitting, no materials and soaring costs ruin renovation dreams As the construction supply chain is crippled, homeowners' plans are falling by the wayside https://www.telegraph.co.uk/property/uk/supply-chain-crisis-destroying-britains-home-renovation-boom/
  14. Interesting to compare whats happening in the US.. Apartment Conversions from Old Office Buildings, Hotels, Factories: The Numbers https://wolfstreet.com/2021/10/11/redevelopment-of-vacant-office-buildings-old-hotels-factories-into-apartments-surges-but-the-number-of-buildings-that-make-isnt-huge/
  15. Perhaps I was thinking it was very insensitive and politically incompetent of whoever in the Gov make the decison to have that date that Furlough ends the same as the day in which homelessness would be all over news & the web on homelessness day. Could they not have had google / looked at a calendar in advance ? its enough of a worry to think you may lose your job at the end of furlough, than be reminded that it may lead to homelessness. Rather like this really... Tory minister filmed singing 'Time of My Life' hours before cutting benefits for millions of Brits https://www.walesonline.co.uk/news/uk-news/tory-minister-filmed-singing-time-21777064
  16. World Homeless Day is today, the same as the end of furlough day www.worldhomelessday.org
  17. One in six adults in Great Britain not able to buy essential foods, ONS finds Survey of impact of supply chain crisis in past fortnight also finds 15% could not buy fuel https://www.theguardian.com/business/2021/oct/08/one-in-six-adults-in-great-britain-not-able-to-buy-essential-foods-ons-finds
  18. Chinese property firms slump as Evergrande angst spreads https://www.reuters.com/world/china/chinese-markets-return-break-more-evergrande-angst-2021-10-07/
  19. PoorDoor? isn't that where the baddies lived in Lord of the Rings
  20. How UK housing segregates residents https://www.theguardian.com/society/video/2021/oct/07/how-uk-housing-segregates-residents
  21. Winter blackout risk in Great Britain rises after cable fire Blaze affecting vital subsea cable hits backup energy supply cushion, adding to industry troubles https://www.theguardian.com/business/2021/oct/07/winter-blackout-risk-great-britain-rises-after-cable-fire
  22. on a related note, I just posted this on the Skint Evergrande Chinese property developer hpc thread.... Just noticed this ban of MGO fire board from the regulators in the uk from over a yr ago. As the stuff is made in China & I assume widely used, I wonder if this is another cladding type building / structure time bomb? . previous probs with chlorinated MGO board
  23. Just noticed this ban of MGO fire board from the regulators in the uk from over a yr ago. As the stuff is made in China & I assume widely used, I wonder if this is another cladding type building / structure time bomb? . previous probs with chlorinated MGO board
  24. Does the UK have a wage problem? Business leaders have hit back at Boris Johnson over claims they allowed Britain to become a low-wage and low-skilled economy https://www.theguardian.com/money/2021/oct/06/uk-wage-boris-johnson-skilled-skilled-economy
  25. The Ugly Math: GM, Ford, other Legacy Automakers Throw Hundreds of Billions at EVs, Only Auto Segment that’s Growing. Tesla Made Them Do It https://wolfstreet.com/2021/10/06/ugly-math-around-the-corner-as-gm-ford-other-legacy-automakers-throw-hundreds-of-billions-at-evs-only-auto-segment-thats-growing-tesla-made-them-do-it/
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