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Oxfordite

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Everything posted by Oxfordite

  1. Greek 10 year yield up to 6.96% now http://markets.ft.com/markets/bonds.asp?ftauth=1260463677683
  2. http://news.bbc.co.uk/1/hi/business/8278166.stm This is an accounting swindle to make the figures look good. These so called profits have been from redevelopment of the old Highbury Stadium. I live in it and it's 1/3 full at most. The whole of the north stand that faces the old pitch is completely empty because all the flats, about 70 of them, were purchased between 2 btl companies before the crunch. These companies can't get the funding now and so Arsenal have taken them to court. The companies probably want to pull out and know they will lose their deposits but Arsenal are challengin
  3. Bolton has called the bottom every month since July. Best of all he strongly recommended buying banks during June 08.
  4. Unfortunately David Smith of the same paper, who has been a poorer economic forecaster that Kaletsky (i.e. house prices will only go up), has no excuse - he's just incompetent.
  5. http://www.rightmove.co.uk/viewdetails-108...=1&tr_t=buy
  6. You're right. A lot of economists and journalists are predicting 25% fall over 3 or 4 years because 'that's what happened last time'. It's not like the 1990s, its far worse. We have a systemic banking crisis.
  7. Can anyone find a link to this programme?
  8. I think its because the Dow went up on unopposed US Congress approval of Fannie Mae and Freddie Mac intervention yesterday.
  9. I have been surprised at the opinions of the sheeple post crash: For the people I know (all were saying no crash) and knew of my 'nutty crash views' pre August 2007, including some home owners, accept that I was right all along without resentfulness, even deference For the people I know and didn't know of my 'nutty crash views' pre August 2007, are not suprised that there is a crash now and sort of knew it would happen all along* *Apologies, reads like a Donald Rumsfeld speech.
  10. I just want to clarify. Are banks now refusing to lend at >3 x times salary (or whatever the low multiple is)?
  11. "We'd better get back, 'cause it'll be dark soon, and they mostly come at night... mostly." No-one will hear you scream
  12. Haven't lived there for 18 months, but look at this thread 'Lot 164 and 165' for an idea http://www.housepricecrash.co.uk/forum/ind...p;#entry1215008
  13. No need for an introduction to this perennial error maker and incompent fool of the Sunday Times. When not predicting the imminent crash of the price of commodities, $40 oil, or turnaround in the economy, this clown has a property column. His latest oeuvre: http://property.timesonline.co.uk/tol/life...icle4352937.ece A few choice falsehoods from his column: "although borrowing costs are rising, a big sell-off (By BTLers) is, he believes, “unlikely”, thanks to the strength of rental demand. Potential home-buyers, who were deterred by high house prices and lack of affordability, are now pre
  14. Do you mean in the past? They haven't come up for auction yet, have they?
  15. Wow excellent find. I used to live near there. Can't believe the prices are back to 2001 level. Looks like a BTLer bought both flats at the same time in 2005. No sympathy!! :angry: The developer lost money on the conversion too.
  16. Got a link to the data? Got it http://www.moneyextra.com/dictionary/UK-In...ory-003663.html
  17. Oil at new record 1.25pm 11/07/08 Gold zooming up FTSE falling. http://news.bbc.co.uk/1/hi/business/7501939.stm
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