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maverick73

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Everything posted by maverick73

  1. Britain’s housing market saw a glut of new property offered for sale this month, keeping a lid on prices at a time when sales typically suffer from a seasonal lull, property website Rightmove said on Monday. Link.
  2. Britain’s housing market saw a glut of new property offered for sale this month, keeping a lid on prices at a time when sales typically suffer from a seasonal lull, property website Rightmove said on Monday. Link.
  3. Britain’s housing market saw a glut of new property offered for sale this month, keeping a lid on prices at a time when sales typically suffer from a seasonal lull, property website Rightmove said on Monday. Link.
  4. Its a point in time loan... this all made UK's GDP super attractive.... along with luxury flats... etc.... accept rightmove announced a property glut.... no ones buying...
  5. pipe dreams.... usually happens to distract everyone from current facts
  6. Japan owns 24% of UK debt... those gilts are working overtime to service debt obligations ?
  7. All these loans are packaged up into a nice AA++ primer and sold on as a CDO ?
  8. The way its going, there will be no buyers left in the UK... only those who cannot afford the stupendious over priced valuations... hence the country is right royally shagged ?
  9. More chanceof China releasing flying pigs. It will be a close call to drive up the currency without pulling the trigger...
  10. Why bother coming to work in the UK for minimum wage... with £1 = €1.13... basically the advantages are disimal.... basically the net gain for a european is 13 cents per hour.... hardly attractive... plus the perks on european intergration is off the table for now. More likely to inverse unless the banks rase the interest rates to attract workers to fill the gap ?
  11. If left to the invisible hand economics then expect a hard reset after a super duper hard exit....
  12. If anyone read Keynesian economic theories it was a short run economic jolt based on a two year cycle... Unfortunately central banks have gone past this point and continued to apply, causing imbalances across the spectrum. Now that the Americans have shifted away... everyones clawing onto the old... when the new is occurring. Austrian economics is back... the cycle of boom and bust.
  13. They'll all they can not to... including making it look like a close call... similar to Japan's economic modelling... keep pumping money... one trick pony economics... Quantitive Easing.... short run economics is being expanded to normal economic theory...
  14. That's the Quantitative Easing effect... cheap credit fuels booms... when the credit dry's up a bust looms as normalisation resets the market. Glad the states have moved to normalise, unfortunately this country is trying to delay that process because of the broad ranging impact to consumers.
  15. With changes in political structure, the surplus population will decline, why work in a country when the difference between £1 & €1 is 19 cents... Basically the renting mob will depart, living the undiserables ???
  16. Buying a £350,000 home with a 5pc deposit using Help to Buy Buying a £350,000 property with a Help to Buy loan and a five-year fixed rate mortgage The buyer takes out a 75pc mortgage for £262,500, an equity loan for £70,000 and has a deposit of £17,500. The mortgage payments would cost £1,197 pcm at 2.65pc and then revert to £1,349 pcm. Interest on the equity loan over the 10 years would cost £6,452. After 10 years the outstanding mortgage balance would be £182,579. If house prices rise at 3pc each year the property would be worth £470,371 after ten years The repayable equity loan would be £94,074. Therefore the buyer would have remaining equity of £193,718. His mortgage payments over the ten years would have been £152,580. Loan interest costs paid to the Government for the final five years would be £6,452.
  17. After reviewing the white paper, I'm all for crashing out. This is a hatchet job, released during a time when public eyes were focused on soccer. Its an easy tell.... just from the tone of her voice in each delivery speech... begging to stay in some form or another.
  18. Stagnation beckons.. they’ll try a close call vote to pump up the pound... until corney and dragbo disappear into the sunset its a dove movement ?
  19. In parallel UK Law will follow EU Law. If the UK fails to nod its head to new / changed laws the agreement os void. Since the nodding brigade are desperate brexit is a farce designed to appease the noise with a true agreement. Hence rather than making a direct payment into the EU, its now an indirect payment with no seat at the table. The chequres are pure business focused and zero people focus. Unfortunatly Labour are pure debt / credit focus. Neither party is intrested in real wages and affordability mismatches as they have transfered the risk of getting it wrong to the banking mob ?
  20. Only if people in charge are driven by fear... no one knows what is going to happen in the future.
  21. Import more Fosters to compensate for a shortage of Heineken brewed in Manchester ?
  22. All smart people are.... all I see are reminders of the European community of construction builders... ?
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