Dubbya

Have they tried Ocean Finance ?

A long-weekend in Provence ?

I'm just waiting for the vulture funds to start advertising to the new-build-rabbit-hutched incarcerants via the free property papers: Calling all FTS'ers (first-time sellers): cash paid for your house YOU CAN BE OUT FOR CHRISTMAS !

Christmas is reaching an almost religious level of importance There's a cosy irony but not much else

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"Economies including the euro zone, Britain, China and South Africa reported data supporting the arrival of a global recession...."Whether it's economic indicators or company news, it's just too awful," said Takashi Ushio, head of the investment strategy division at Marusan Securities in Tokyo." But look on the bright side; at least the UK Housing slowdown is "bottoming out". World Bank ? IMF ? Pfffff ! They should all talk to Michael Coogan for some real insight

If Audi start offering petrol A4s for this kind of money I'm in. Any thoughts on when lowish mileage S5's might get down to £20k ? Or what about current model Jag XKR to £25k Thanks

But...horses only ever go hup !

Consonant please Carol, vowel please, another vowel, consonant, and a vowel, and finally another consonant http://uk.youtube.com/watch?v=NHIU8RGphlY Time's up ! What have you got ? FOOKED

Crikey, no green shoots since July ?! Today's Rightmove report did half-heartedly talk about the "Autumn Bounce", though not with any conviction; at least it's mention provided a nostalgic chuckle

"De-licious, de-lightful, de-lev-erage" (Angel Delight ad I think)

Can anyone clever morph that logo into "Brownturn" ?

It's a blip GDP is still higher than it was in 2006 I'm in GDP for the long term Britain has a shortage of GDP They aren't making any new land you know !

"Across the road, Chesterton agents said the owner of one of their one-bedroom flats slashed £50,000 of the original £299,950 price tag" Where to start....

Is that Abramovitch at the back on the right ?!

Sorry, I should have been clearer; my HPC-sickness was caused (a) by the abuse of "market value" and ( the implication that the seller is somehow forced to take the price and then complains afterwards (JUST SAY NO !)

I listened until the quote "some of these companies pay up to 50% less than market value". Then anger and nausea forced me to turn it off.....

I think the event combination we now have (end of technical credit crunch coinciding with wide acceptance of recession), will very likely deliver the right conditions for a return to lending and hence transactions volume, BUT with accelerating price falls. The overhang of unsold (including not-yet-marketed (I know of many sideline sellers)) properties can only be dealt with in this way, given the "new" (old) lending critieria. EA's do your job !

I'm really angry with the Times - The Daily Mash has been deprived of a great article

Iceland's Prime Minister Geir Haarde rang the Nasdaq closing bell on September 24th ! Who said the Yanks don't understand irony ? http://www.marketwatch.com/news/story/icel...D&dist=hppr He does look familiar: http://www.thisislondon.co.uk/standard-bus...iral/article.do http://sparetomato.com/blog/wp-content/upl...-lipp-thumb.jpg

It'll be very interesting to see how the EA's spin yesterday's rescue/bail-out. Onn the one hand they will play it as a release for those hungry "pent-up" buyers to get viewing again. However, that tone will only reinforce their vendors' belief in sticking to cartoon asking prices. The reality gap could actually get wider How do the EA's actually increase transactions out of this ?

Some "expert" on 5 Live just used the word "plateau" to describe the monthly rate and (I'm sure) said that house prices were stabilising. I'll be happy to ski on this plateau for another 12-18 months

Probably not the case; if they're in a squeeze, they will have already written down their older stock below cost, and CASHFLOW is what matters anyhow

Note that SMMT have borrowed the "stall" word from the housing VI's. http://www.smmt.co.uk/articles/article.cfm?articleid=18080 Registrations stall in stormy September SMMT figures show weakening in consumer confidence * New car registrations fall 21.2% in September to 330,295 units. * Year-to-date volume is down 7.5% to 1,794,419 units. * Diesel market share increases to 42.8% in September, but volumes fell. * SMMT urges government to take immediate action to restore consumer confidence. “New car registrations have fallen for the fifth consecutive month and represent the most difficult economic conditions the industry has faced in 17 years,” said Paul Everitt, SMMT chief executive. “Government action is now needed to restore consumer confidence and boost demand in the real economy. The chancellor's pre-budget report should set out a package of measures to boost demand for new fuel-efficient cars and scrap plans for unfair increases in car tax.”