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House Price Crash Forum


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Everything posted by kjw

  1. As we all know only too well though, the real smoking gun here is HPI
  2. No matter the complaints of self-serving analysts, a look to the ranges of bond market interest rates or yield shows us that institutional investors who dominate the bond market are not at all concerned with the prospect of significant inflation...
  3. *Liberal* perspective on the subject matter here from Paul Krugman... http://www.nytimes.com/2014/03/03/opinion/krugman-the-inflation-obsession.html
  4. **Like a cancer, the political, interest-based, debt-money system corrupts everything it touches. It’s time it was replaced.** http://www.opendemocracy.net/transformation/thomas-h-greco-jr/money-debt-and-end-of-growth-imperative
  5. The problem with business rates is that the valuations are not particularly flexible and it seems, not actually correlated with any meaningful definition of *value*.... For example, on a shopping street near me there is a premise that has been empty for a year.... Yet there has been no reduction in the business rates you'd have to pay if you opened up in there.... Worse, the landlord gets a big discount while it is empty... So in fact, Business Rates bring small businesses none of the advantages of LVT [yay, LVT!! ] ... and all of the disadvantages...
  6. Well, it was originally posted on the World *Socialist* [spits] Website http://www.wsws.org/en/articles/2014/03/03/hous-m03.html
  7. No Clem Attlee?... Travesty!!..
  8. **RECOVERY!!!* http://www.cityam.com/blog/1393840617/jobs-uk-manufacturing-hit-11-month-high-eurozone-activity-eases-back
  9. Fuel poverty charity National Energy Action calculates the Treasury reaped £27m in VAT on carbon levies in 2013 alone ** The Chancellor has been accused of making tens of millions of pounds in double taxation on energy bills – by charging VAT on top of “green” taxes. In a report on Monday, fuel poverty charity National Energy Action calculates the Treasury reaped £27m in VAT on carbon levies in 2013 alone and that this will rise to £113m by 2020 unless the carbon tax is frozen. Several green measures are now funded through consumer bills and the NEA says it is unfair that consumers should face the sales tax on such levies. ** http://www.telegraph.co.uk/finance/newsbysector/energy/10672093/Osborne-accused-of-double-taxation-on-energy-bills.html
  10. My guess is Putin did the math... and figures Europe's need for Russia's resources is his trump card.... It's interesting to note that a viable alternative to fossil fuels would weaken Putin's hand.... maybe that will bring the right-wingers on board with alternative energy?...
  11. **Local authorities are increasingly looking to their own resources to build the lower-rent accommodation they feel their areas need** Ready........... GO!! http://www.theguardian.com/housing-network/2014/feb/25/councils-affordable-social-housing
  12. The latest... [might get a few juices flowing] **The most prominent Bitcoin exchange appeared to be on the verge of collapse late Monday, raising questions about the future of a volatile marketplace. On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in circulation.** http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=1
  13. **The governor of the Bank of England has told the world's biggest banks to stop whingeing about proposed new capital requirements, saying they've had it too easy for too long. In his only print interview, with Fairfax Media on the sidelines of the Sydney G20 meetings, governor Mark Carney rejected outright claims from Goldman Sachs and others that proposed standards being discussed in Sydney were so strict they could lead to an explosion in shadow banking and sow the seeds of the next crisis.** http://m.smh.com.au/business/bank-of-england-governor-mark-carney-wants-to-make-banks-pay-their-own-way-20140223-33ah8.html
  14. **Councils have issued plans to build hundreds of new homes in some of the areas worst affected by the country's flooding crisis** http://www.telegraph.co.uk/topics/weather/10641488/Flood-hit-areas-earmarked-for-more-homes.html Geniuses...
  15. If the fact that I think an elected representative should represent the electorate as a whole rather than concentrating on the interests of a select few means I am **a communist of some sort**... then yes, guilty as charged
  16. A man of the people, fighting for the people... just **his** people, not the people of this country he is supposed to serve :angry: http://www.huffingtonpost.co.uk/2014/02/06/osborne-20k-banker-bonuscap_n_4735825.html
  17. Two points here.. 1) There is no recovery 2) The bas**rd already gave the rich a tax cut first
  18. Apparently by all accounts, her relaxation of credit controls in the early 80s had a bigger economic impact than she intended... she envisaged these as a step towards economic freedom but they were more than that... they permitted a consumer-driven society and economy... this was not her intention... [so we are led to believe.. like you, I wasn't there so I cannot verify this ;-) ]
  19. Yes, Mrs Thatcher's vision of Britain was of a property-owning democracy of savers with moral restraint... but she got indebted spendthrifts.... in other words, she wanted the British people to be like her father... but they turned out more like her son...
  20. “While the majority of rental dwellings in Germany are private, rents are regulated and prices are prevented from increasing sharply. Tenants also have security of tenure as long as they pay the rent and behave well, except on the rare occassion when a member of the landlord’s family needs the accomodation or when the building is going to be replaced.” http://www.macrobusiness.com.au/2011/06/how-germany-achieved-stable-affordable-housing/ The UK rental system used to be a lot more like this before Thatcher’s *reforms* in the late 80s.... under the old Rent Acts, tenants had security of tenure and price controls...
  21. "Rate rise some way off, says Bank of England director" Sometime around May 2015, perhaps?..
  22. ***Utah has come up with a reasonable way to solve homelessness. They give away homes. While other states continue to criminalize homelessness, Utah has taken a novel approach and has seen its homeless numbers go down while economic savings to the state have risen.*** Interesting idea.. and It's blidy working too!... homelessness is dropping like a stone and taxpayer costs are down despite the bill for the homes. It actually makes economic sense to house them on the public purse even if they can't then find a job... http://guardianlv.com/2014/01/utah-solves-homelessness-by-giving-away-homes/
  23. This IS already offered to claimants.. it appears Reeves wants to to introduce a compulsion element with sanctions for those who refuse as part of Labour's welfare electoral strategy to out-tory the tories/pander to ukip.. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/264815/BIS-13-1298_Further-_Education-for_Benefit-Claimants_-12_December-2013.pdf
  24. Reeves is following in her predecessors (LIam *there's no money left* Byrne) footsteps in trying to pander to a prejudiced public who are ignorant of the facts of the welfare state... by invoking a silly notion of a distinction between the deserving and undeserving poor.... I trust none of you were daft enough to ever think divide and rule was exclusively a tory strategy [otherwise you'll be reaching for the tissues to wipe that egg from your face round about now... ]
  25. You can opt out if you wish.. here's the template, just email to your GP... http://optout.care-data.info/
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