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Fretful Mother

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About Fretful Mother

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  1. I'm voting yes just to stick it to the establishment.
  2. Is there any update on the ruling? Or is Mr Justice Smith waiting to see what happens in March? I suppose if Brexit goes away or is just too fiddly to do, then the EMA have no defence against their bad lease negotiation.
  3. So a town and a bridge between north and south Ireland could nominally be the excuse required for a global reset?
  4. Fretful Mother

    Halifax Nov 2018

    Exactly! How can something that, on average, has decreased over 12 months from £ 226,247 to £ 224,578 have gone up in price in that year by +0.3%? And when there was a similar fall earlier in the chart from £226,247 to £224,540 (Nov17-Dec17) that was apparently a -0.8% monthly change! Is there a reality in which this makes sense?
  5. Fretful Mother

    The adverts on this site

    Haha! I got Visit Portugal, Howdens Kitchens and Audible today. I could have taken up the offer of a Ukranian bride last week though. Advertising sucks.
  6. Fretful Mother

    Land Registry in July +1.2%

    Within a three-mile radius of where I used to live, reductions are currently running at nearly 41% which is the highest level for the three years that I've been gathering data for. Also the number of houses for sale is the highest for three years. on the 20th Sept 2016 there were 438 houses for sale in this area with 34% reduced. On the 23rd Sept 2017 (I don't look EVERY day!) there were 446 houses for sale with 30% reduced. On the 20th Sep 2018 there are 530 houses for sale with 40.75% reduced. Of course that just proves that the asking prices were too high and Righmove data will be accordingly bullish.
  7. Fretful Mother

    The Big lie- Housing, Trump and Brexit

    Just in case ending on a reference to potatoes is thought of as a bit nuts, suggested further reading: Steady State Economics https://steadystate.org/ and Bioeconomics, or studying anthropology of economics as a way forward. I think that's what the original post from Wonderpup might be alluding to. I do worry that doing economics "harder" doesn't seem to be progressing things very well. I don't have access to this, but how interesting! https://link.springer.com/article/10.1007/s10818-018-9269-z
  8. Fretful Mother

    The Big lie- Housing, Trump and Brexit

    Thanks Kosmin, I do feel a little bit like I've had my homework marked! However there are few places for an amateur economist/fretful mother to have a go at understanding aspects of globalisation and I do appreciate your time. Lehman Bros was allowed to collapse. RBS was not and I understand (from listening to Alistair Darling on the radio this morning) that the prospect of no cash in the cashpoints, no way to buy food in the supermarkets etc. would have led to civil unrest so RBS was assisted. Darling did not talk about the moral hazard of bank bailouts. Surely any bank can copy and paste the claims that Darling responded to and be bailed out. Hence the banks are in charge. Greenspan might have been lulled into a sense of security after the moderate Obama. Trump is different (ugh) and is unbelievably popular. He's an arch capitalist, pro-business and blissfully ignorant of anything else. Apparently there are people in the White House moderating his nonsense. I'm not sure that Trump is different really. Without the tweets/retractions we wouldn't know much about him. Post banking? Surely we're at peak banking now? The relationship between money and work is broken -not for Joes in the street on wages - but for banks. What would cake the world a bit "post-bank"? Not a lot. In theory, maybe to demand a higher rate of interest, people could collectively extract their money from one bank on a particular day. House prices could drop 50%... I'm not aware enough to offer a long list of bank-related precariousness but I do see my local bank (supposedly very profitable) closing branches and making workers redundant. I get that the high street is the "bogs and boilers" of the bank world - not as sexy as financial services and charging money to move other people's money about. But banks look like they're in distress! Potatoes. We should all grow potatoes. I've already started. Maris Pipers as the new currency?
  9. Fretful Mother

    The Big lie- Housing, Trump and Brexit

    http://www.zerohedge.com/news/2017-02-10/how-breakdown-liberal-ideology-created-trump-part-1 Very interesting thread - particularly the creation of "differences and divisions" to keep the population busy arguing amongst themselves about whether or not there should be an argument - whilst capitalism can get on with what it does best. In today's Guardian Aditya Chakrebortty takes some of the issues raised in this thread into the mainstream and one paragraph took my eye: "Asked before the 2008 US elections whether he was fonder of John McCain or Barack Obama, Greenspan replied: “Thanks to globalisation, policy decisions in the US have been largely replaced by global market forces … it hardly makes any difference who will be the next president.” Voters moaned about politicians looking and sounding the same, but for the former head of the US central bank and his friends on Wall Street, it was a huge plus. And this trend was international. " https://www.theguardian.com/commentisfree/2018/sep/05/ten-years-financial-crash-lehmans-austerity-debt Was Greenspan accurate when he said that it didn't matter who the next president was? Does it matter which political party or person is in charge (Trump, Erdoğan, May, Merkel etc) because whoever is in power is going to go along with what the banks say they need otherwise the monetary system implodes and there's nothing left to be in charge over? Has anyone written (sensibly, in a pragmatic way without resorting to guns) about the post-banking/post monetary implosion era? I can start to imagine such a place and it's very different from what we have. In fact it requires a lot of imagination to create some sustainable and fairer future that is what it is, rather than a poorer or better version of what we have now.
  10. I'd imagine that estate agents with static or declining stock, struggling to pay bills and reducing working hours would be doing exactly what you're experiencing wsn03. Estate agents don't have time to sharpen pencils, surf the net AND show unprocedable folk around houses . It's not personal! What is an offer from someone who hasn't sold actually worth at the moment? What will that offer be worth in a month or two's time?
  11. A relative of mine has just graduated from Glasgow School of Art. She'd never set foot in the building that's just burnt down again as it wasn't finished. I don't think it can have been the students/lax storage of paintings.
  12. I found the DPS procedure to be simple and effective too. Landlord's £800 claim reduced to £80 by the DPS was a good hourly rate for my effort. Still, sad that I had to go through it to get my own money back. grrrr.
  13. Fretful Mother

    Land Registry - May 2018 = -0.2%

    Good news. I love the silly phrasing. I hope my diet results in negative weight gain!
  14. The problem is with those pesky buyers. They need to be less hesitant and get their wages up. Then everything will be great again. According to bits of the Rightmove report quoted in www.estateagenttoday.co.uk; "...there remains a sense of hesitation among prospective purchasers" and "People still need and desire homes, but need their wage rises to outstrip house prices. This has started to happen, but needs to carry on for a sustained period.”
  15. How was a market value of ££50,000 agreed on for this flat? Zoopla ha ha? I remember when market value was what something actually sold for...

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