Matt Bear
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Everything posted by Matt Bear
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Why Is This Not Happening Here ?
Matt Bear replied to LuckyOne's topic in House prices and the economy
It is not happening here because we don't have the same levels of unemployment. Unemployment is around 13% in Ireland. Public sector wages in Ireland are set to drop, unemployment benefit and child benefit are being cut. -
Treasury Seizes Control Of Rbs Bonus Pool
Matt Bear replied to shedfish's topic in House prices and the economy
RBS board now threatening to quit over the issue. Courtesy of Robert Peston http://www.bbc.co.uk/blogs/thereporters/robertpeston/ -
Oil Tankers Waiting Off Of The Coast
Matt Bear replied to Britney's Piers's topic in House prices and the economy
I don't get this supply and demand argument - also reguritated by FTAplhaville. If there was no storage then the price would drop to create demand, and this is reflected in natural gas prices which have been generally falling for the past 15 months. Oil demand is being stifled by high prices. The Global Oil Scam http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff -
Holland: Government To Track Your Every Move
Matt Bear replied to domo's topic in House prices and the economy
I'm sure this will only end up with a lot of Belgian registered vehicles driving round Holland or something similar. Holland might become a good place to buy a car from, so long as you're not going to drive it there, with the abolition of vehicle ales tax. -
40 % Are On Housing Benefit
Matt Bear replied to loginandtonic's topic in House prices and the economy
+1 Unfortunately the only way out of this mess would seem to be high inflation. -
40 % Are On Housing Benefit
Matt Bear replied to loginandtonic's topic in House prices and the economy
We have enough accommodation though, it just needs to be made available at a more appropriate rent/mortgage. How is this country supposed to compete on a global marketplace when we have such expensive house prices and rents? If allowed to countinue then more and more tax will be necessary to provide housing benefit, which seems to me to be a vicious circle as with less disposable income the need for housing benefit increases. Not that that would happen, as has been pointed out you end up with social inversion, those who work and can pay thier own way living in worse accommodation than those who are eligible for housing benefit. You can see it with new builds where the social housing element is better quality than the private sector majority. -
Quitting Hpc Because Of Incredibly Crap New Design
Matt Bear replied to PropertyGuru's topic in About housepricecrash.co.uk
I've tried this new version a number of times today and every time my eyes start aching. The font seems too small and/or too close together. Can you change the defaults please? -
It's not that simple though is it? Some parts of the Icelandic banks were UK banks until they got taken over by said Icelandic banks.
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Gotcha! - Qe And Devaluation
Matt Bear replied to Zzzzzzzzzzzzzzzzzzzzzzzzzz's topic in House prices and the economy
The Alphaville article looks flawed to me. Seems to be mis-using the statistics to me. It makes particular reference to the low level of foreign investments over the past 18 months - err credit crunch ring any bells??? The increase seems merely to be resumption of a trend that started some time ago but was interupted and nothing to do with QE. edit: And it's debt discipline that's needed. Wage discipline on its own would be meaningless. -
Fixing Banks Behaviour The Free Market Way
Matt Bear replied to bogbrush's topic in House prices and the economy
The free market way to fix bank's behaviour would be to let them fail (and maybe then fully nationalise them to protect the public - which I suppose is not free market but hey-ho). The politicians go on about how the banks should have learned from their mistakes - short term bonuses whatever. It seems to me the only thing the banks have been taught is that they will not be allowed to fail, hence they can behave as recklessly as they like. -
Maybe the property has been priced because of the short lease, but look into how much it will cost to extend the lease and consider whether you will be able to afford extending it and re-offer accordingly.
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House Prices To Rise 50% By 2014 Says Indy Today
Matt Bear replied to Maddog21's topic in House prices and the economy
The author must have a BTL portfolio in Ebbw he needs to shift. Absolutely bonkers. -
Welcome To 'rabbit Hutch Britain'
Matt Bear replied to MattW's topic in House prices and the economy
At least in 1939 the women were emancipated! -
Government set the rules and the energy companies have exploited them. The rules should have been more thought out. I've received half a dozen of these completely free and unsolicited. My Nan has received probably more like a dozen. She also received a shower water saver attachment (but that wasn't for electric showers though that fact was buried in some small print somewhere). They tend to be the less powerful ones but they are bayonet fittings although the missus now insists on light fitting from IKEA which have screw fittings. So I've got at least four of these stored away somewhere.
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Brown Orders More Printing Of Money
Matt Bear replied to Realistbear's topic in House prices and the economy
No increase in QE apparently. -
Baby Due In 3 Weeks
Matt Bear replied to babesagainstmachines's topic in House prices and the economy
More needs to be done to provide more security of tenure for tennants. It is shocking the way the government tries to protect stupid hard working families from repossession but there is never any consideration for those at the whim of landlords. -
On Sky News now Labour currently in 5th place in South East behind UKIP & Greens.
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Many Labour MPs may start to realise that the only way they stand any chance of getting re-elected is to ditch the Labour party.
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Will probably stand as an independent in by-election.
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Brilliant. Conservatives now showing as up 1% at 38%. Labour down to 22%.