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House Price Crash Forum

Oliver Sutton

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Everything posted by Oliver Sutton

  1. And you're the one accusing others of conspiracy theories. ? ? ?
  2. That's good going. Normally over 2000 Italians die per day.
  3. Lefties are confused. Seen on CNN several times about how Trump rallies are badly attended. Now they're like Nuremberg.
  4. Worse than expected. -22% last month UK house price growth weakest since 2011 as Brexit nears - RICS The Royal Institution for Chartered Surveyors (RICS) said its monthly house price balance sank to -28 in February, the lowest since May 2011, from -22 in January. https://uk.reuters.com/article/uk-britain-houseprices-rics/uk-house-price-growth-weakest-since-2011-as-brexit-nears-rics-idUKKCN1QV003?il=0
  5. A motto in the building trade is "leave no corner uncut". No-one more greedy than your average builder.
  6. 10 year up to 1.7% Seems to have been rising sharply the last month.
  7. Last month revised down from +0.1% to -0.2%. Stopped this month's figures being even worse (and last month's being negative as well). God only knows how they come up with the quarterly figures of +1.8%.
  8. Last month's rise revised down by 0.2%. How convenient. Would have been a small fall otherwise.
  9. "Sell the baby problems solved. " Who on here posted that comment?
  10. What austerity? When real austerity is finally forced on the UK most people won't know what hit them.
  11. You can almost smell the bull trolls in the air. Crash must be well on the way.
  12. Here's the Aug 2017 report. -0.9%. https://www.rightmove.co.uk/news/wp-content/uploads/2009/07/Rightmove-House-Price-Index-21-August-Final.pdf Seem to have retrospectively "adjusted" it. Made the next month +ve as it was originally -ve as well. Looks better that way.
  13. Fück knows where they got that -2.1%. It was -0.9 %. Aug 2011 was -2.1%. https://www.iamtheagent.com/blog/post/2017/08/21/rightmove-house-price-index-august-2017-update August does tend to produce a fall eg Aug 2014 was -2.9% but that was after a very strong spring, not an insipid one like this year.
  14. From the latest Land Registry figures. (Annual falls) City of London £709,020 £930,979 -23.8% City of Westminster £956,365 £1,088,417 -12.1% Kensington And Chelsea £1,154,270 £1,341,276 -13.9% Certainly looks like Prime London is crashing (finally).
  15. Largest monthly fall for years. Industrial production also down. Trade deficit much worse than expected. Yet the FTSE is up fairly sharply today. WTF. https://www.ft.com/content/d76f495c-6d52-11e8-852d-d8b934ff5ffa
  16. Wondered why Gilt yields have dropped so much recently. Italian ones have nearly doubled in the last couple of weeks and risen exponentially in the last few days. Flight to safety.
  17. And no disincentive to save either because if you should fall unemployed you'll still get all the benefits that someone who just pissed all of it up against the wall during the good times. Oh, hang on.
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