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House Price Crash Forum


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About mkz

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  1. http://www.theregister.co.uk/2013/08/21/omg_new_crisis_disaster_at_fukushima_oh_wait_its_nothing_again/
  2. http://www.resolutionfoundation.org/housing/lowcosthomeownership
  3. http://www.telegraph.co.uk/news/politics/10057557/Write-your-own-laws-and-win-prizes.html Let's work on a housing law. Some starting points here: - Restrict mortgages to an amount deemed affordable for the mortgagor and low-risk for the lender, even in adverse economic conditions; - Ban interest-only mortgages; - Only allow housing equity withdrawal to fund improvements to the property in question; - Allow a mortgagor to surrender the property to the lender and default on the loan, with no legal recourse for the remaining debt; - Tax the ownership of multiple homes; - Cancel the tax breaks for buy-to-let investors; - Cancel local housing allowance; - Cancel support for mortgage interest; - Cancel the right to buy scheme; - Introduce capital gains tax on the primary residence, in place of stamp duty; - Ease the restrictions on the land available for residential property; - Build more houses. That's 113 words...
  4. Dammit, just noticed the tiny writing on the other side: *prices quoted are asking prices
  5. I was watching a flat in my area, which has now been sold. It was included on a leaflet that the estate agent sent round today, and the asking price is written underneath. The last update on Rightmove before it was sold, though, was that an offer had been made that was £30k less than the asking price. I suppose it is possible that someone did eventually offer the full asking price, but I assume not. In which case, has the estate agent broken any law by misreporting the sold price?
  6. Text here: http://www.publications.parliament.uk/pa/cm201213/cmhansrd/cm130123/debtext/130123-0003.htm#13012356000002
  7. Sorry. There are too many posts for me to keep up with. Have you chosen specific companies to invest in, or is it through funds? How predictable is the income? Do you know if it is likely to continue to be tax-free?
  8. Seriously? https://twitter.com/gavinesler
  9. http://www.bbc.co.uk/iplayer/episode/b01m25yk/Newsnight_13_08_2012/ 23:00
  10. mkz


    Not sure I see the relevance. Japan imports 99% of its oil too. http://www.atimes.com/atimes/Japan/MD05Dh01.html
  11. mkz


    More here: http://www.investmentu.com/2012/June/israel-oil-and-gas.html
  12. http://www.omegaletter.com/articles/articles.asp?ArticleID=7354 Worth buying some Shekels?
  13. Hmm. And how much above the historical average if you use the last 60 years instead of the last 30?
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