ollie plimsolls

USA Today

The Times

Safe as houses.

Daily Telegraph Oh dear.

Daily Mail Suprised not to have seen this here today, perhaps it was posted and I never noticed. I will wait and see how much teeth the OFT has. Anyway...

I know new builds can be small but the couple in the picture in this link seem to have bought a wendy house. BBC- wendy house

FT.com

Perhaps the rest of the country needs to drop 50%?

Thought I'd bump this up for all those who don't read the bottom of the page. Interesting quote here about wage settlements.

Very hawkish article saying there could be another two IR rises by the summer. Seems the inflation cat is well out of the bag. The Times

Daily Mail Oh the irony. Haven't noticed this reported anywhere, so read the story if you want a chuckle. edited for wrong link

Britain sets global speed record for cost of living increases

Intertesting article about how people aren't experiencing inflation at the same level as CPI so the ONS are launching a "personal inflation calculator". Some hope. Daily Telegraph

Some big drops reported in this article. Colorado Market

Daily Mail

BBC

I did say it was hyperbolic!

A bit hyperbolic but could cause a few problems if true. China to dump 1 trillion dollars

Haven't seen this posted here yet. Could the cat be finally escaping from the bag? Daily Mail

Perhaps they're questioning the inflation rate because they need to justify this. MPs demand 66 per cent pay rise

Here's a story in todays DM which should have very important bearing on the inflation figures. Some of the rise is said to be caused by fuel costs, so this could be the secondary round effects coming through. Daily Mail

Some news on the US slowdown. USA Today

Interesting looking graph on the BBC showing how the oil price has shot up since last weeks US election. I wonder if how much there is in the theories of manipulation beforehand? Look at the twelve month graph and the rise is almost vertical. Oil price since US elections _ BBC link

If we were restricted to 3x income (say 3x 30000) and 10% interest rates then houses would be a lot more affordable than now. You would be paying around 700 for a 90000 mortgage instead of around 1100 for a 200000 mortgage. How is that less affordable?

Here's some more info on this matter. I thought the following quote was quite worrying. Does anyone know what % of the total have ARM's?