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House Price Crash Forum


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About shlomo

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    RA 17h 54m 7s | Dec -23° 48′ 26″
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    elder of the internet

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  1. If anyone fancies taking part in this market research you will get paid £200 for 60 minutes contact. [email protected] email her and say you want to take part in market research
  2. I bet you the days appear brighter, do people say you seem more relaxed and have a spring in your step
  3. So financially you are in a much better situation, £200+ per month
  4. What is the difference between your mortgage repayment and how much you were paying in rent
  5. Well at least you do not have to deal with a dodgy landlord
  6. I was speaking to a council planning officer in W. Yorkshire a few years ago and she said to me the Yorkshire economy was booming so if you had funds you would invest in the economy if you had funds in an area that is in a bad place the safer option to invest in is property, weird logic but I think from somewhere else
  7. On Facebook I am in a few Landlord groups and a lot of new BTL landlords coming on to the scene who have paid above the odds just to get in the game they think it is a route to long term riches
  8. https://www.dailymail.co.uk/news/article-10809765/The-four-Crypto-Bros-whove-lost-20bn-crash.html Some of the world's cryptocurrency billionaires are seeing billions wiped from their fortunes as digital currencies plunge in value over fears for the wider global economy. Trader Brian Armstrong, the founder of Coinbase and was once worth $13.7billion, has seen $11billion vanish from his personal wealth as digital currencies went through the floor when investors started to sell amid fears of a new recession, high inflation and global economic turmoil. He and Tesla founder Elon Musk are among the billionaires who have had $20billion wiped from the value of their investments as the great online currency crash continues today - with one mega-rich trader reportedly losing $800million in a day. Tesla, which took a $1.5billion gamble on Bitcoin last February, has already seen that investment fall flat with its estimated value already $300million lower than it was 15 months ago. Mr Musk is one of four so-called 'Crypto Bros' whose combined gigantic wealth, which for years has helped prop up the online currency market, has now taken the most colossal hit despite believing crypto would be a safe haven during the pandemic. But more than $20billion has been wiped off the cryptocurrency market today alone. Coinbase's shares are down 84 per cent since their first day of trading in April 2021. Michael Saylor, who runs software giant MicroStrategy, is one of the world's biggest holders of Bitcoin and has seen his fortune fall to $2.5billion, from an estimated $8.5billion six months ago. Forbes reported his wealth may even be below $1billion now. And Tyler and Cameron Winklevoss, the twins famous due to their protracted battle with billionaire Mark Zuckerberg over who created Facebook famously dramatised in The Social Network, have reportedly lost around half of their wealth, down to $2.2billion from around $4.5billion. There’s also Michael Novogratz, CEO of crypto merchant bank Galaxy Digital, whose $8.5billion fortune may have plummetted to $2.5 billion. He’s championed of TerraUSD, an algorithmic stablecoin at risk of a complete collapse because Luna's price has fallen in the same crypto 'ecosystem'. One trader with 288,000 Bitcoin lost $800million in 24 hours after the price plunged from $43,515 to $42,963 - a drop of $550. In total the wallet, the snappily titled '34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo', has had $2.48billion removed from its $16.29billion value on Friday Elon Musk's Tesla, which took a $1.5billion gamble on Bitcoin last February, has already seen that investment fall flat with its estimated value already $300million lower than it was 15 months ago @Markh
  9. https://www.dailymail.co.uk/news/article-10839073/Election-2022-People-smugglers-intercepted-Sri-Lanka-amid-warnings-come-Australia.html A fishing vessel carrying dozens of people has been stopped by the Sri Lankan navy amid warnings that people smuggling could ramp up after election day. A fishing boat and two ­dinghies headed for a 'foreign country' were intercepted off the Batticaloa coast on Wednesday. The Sri Lankan navy said 40 people, including four people smugglers, were apprehended for trying to 'illegally migrate to a foreign country by sea'
  10. https://www.middleeasteye.net/news/uk-turkey-defence-exports-restrictions-lifted The United Kingdom has completely lifted all of the restrictions on the export of defence products to Turkey that were brought in following Ankara's 2019 offensive on northeast Syria, Turkey’s chief defence industry officer Ismail Demir said on Friday. The UK government in December announced that it had lifted a suspension of arms exports to Turkey but added that all existing and new export and trade license applications for Turkey would be assessed on a case-by-case basis against "the Strategic Export Licensing Criteria". A senior Turkish official said that, despite the December announcement, there were defence export licences for some products that were awaiting approval by the British government and in practice the restrictions were ongoing. "However, as of today, all of the restrictions are now lifted and no defence article license request is awaiting confirmation," the official told Middle East Eye.
  11. https://www.washingtonpost.com/world/2022/05/22/sri-lanka-rajapaksa-mahinda-gotabaya/ Gotabaya’s pro-Western business-sector backers had recommended a list of appointments, but when the president unveiled his first Cabinet, it was led by Mahinda as prime minister and stocked with Basil and Mahinda loyalists. They enacted steep tax cuts and argued against seeking aid from the International Monetary Fund despite mounting debt. Gotabaya personally pushed through a ban on chemical fertilizers that hurt crop yields, just as global food prices soared. Mahinda’s supporters said they had shaped the Cabinet only to be undermined by Gotabaya’s appointments. In several instances, the government issued trade policies that were retracted within 24 hours. “You had ministers fighting secretaries,” Weeratunga said. “Fighting permeated the administration.” The Rajapaksas were united on one issue: A constitutional amendment passed in 2020 that weakened commissions investigating corruption and granted the president far-reaching powers over the courts. By early 2022, the economy was in free fall. Foodstuffs like rice doubled in price from a year prior. Gasoline and electricity were in short supply. Foreign currency reserves were running out. In April, nightly demonstrations took root in the capital demanding that the Rajapaksas leave politics, and some turned violent. Gotabaya’s entire Cabinet — which included Basil, the finance minister; the elder brother, Chamal; and Mahinda’s son — resigned, giving Gotabaya a chance to form a new government. Sri Lanka needed a stable image to present to foreign lenders and negotiate an urgent bailout. But Mahinda, the prime minister, resisted calls from the opposition and even signals from the president to quit. Gotabaya didn’t force the issue. “G.R. would say, ‘He knows what I want,' ” said Godahewa, who joined the Cabinet after several Rajapaksas departed. “He felt he needed the support of Basil and Mahinda.” With pressure mounting on Mahinda, his supporters organized a May 9 rally at Temple Trees, the prime minister’s compound. The patriarch, feeling deflated and mulling resigning, suddenly seemed energized, according to two family insiders and videos of the event.
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