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Posts posted by Damik
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Haha, Putin's minions getting angry ...
BTW Putin lost Ukraine for generations, if you somehow missed that.
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Hackney seems quite well peaked ...
http://landregistry.data.gov.uk/app/ukhpi/explore
March 2016 £566k
June 2016 £517k
9% down in 3 months ...
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If we are lucky Hackney has peaked a few months ago ...
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Has anyone noticed that the press (well, the Evening Standard) is starting to call Nine Elms the 'Battersea Bubble' now?
SW8 should be the epicenter of the PLC bubble crash ... Brexit looks like the final nail in the coffin ...
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Here we go; London is a toast; at least 50% finance jobs gone in 5 year ...
One likely outcome of negotiations is that banks and financial firms in the City of London will be stripped of their lucrative EU “passports” that allow them to sell services to the rest of the EU.
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If Brexit does not crash Prime London, nothing will ...
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I'm not at all convinced about that. The Eurozone is heading for a crash anyway, and Brexit can only help speed things up, so I cannot set Frankfurt suddenly establishing itself as a new financial centre of the world, with German influence diminishing along with the EU. Mid- and long-term, London would still be the most natural place to conduct business spanning from US to China.
I assume that French and German banks will politically assure that majority of EU financial services can be done only in EU.
Remember this one:
UK secures important victory at ECJ to preserve the single marketThe UK has finally won a key case on financial services at the General Court of the European Court of Justice (ECJ), which this morning ruled in the UK’s favour against the ECB’s desire to limit the clearing of euros outside of the Eurozone, which in effect would have created a two-tier single market.
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Germans confirm that Brexit means out of the EU common market. Meaning that London as the European financial centre is a toast. I assume about 50% of the London finance jobs gone in 10 years if Brexit ...
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This could be the Prime London shock spreading to London ...
House prices are set to drop for the first time since 2012, as demand for property falls at its fastest rate in eight years.
A "short-term" dip in house prices over the next few months will come at the same time as rents continue to rise, according to theRoyal Institution of Chartered Surveyors (Rics).
ouse prices are set to drop for the first time since 2012, as demand for property falls at its fastest rate in eight years.
A "short-term" dip in house prices over the next few months will come at the same time as rents continue to rise, according to theRoyal Institution of Chartered Surveyors (Rics).
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This report seems to be 90% focuses on prime central and prime London. Sadly the picture still seems pretty gloomy for general London?
Why the focus on PCL, when it's the rest of London that really matters to 99.9% of people!?
Prime London is a fuse for the rest of London and England ...
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Boris just published his Brexit immigration policy aka Australia. What means UK exiting the EU common market and applying for an EU trade deal such as Canada.
Interesting times ...
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What's all this chat about London house/rent prices. I thought this was the brexit thread.
Even the MSM do not cover Prime London house prices well. I assume we just have to get the referendum over us and refocus ...
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It is of course wrong.
It's about lending primarily. IE HTB thus time. Bank lending to 2008.
Interestingly BoE stopped publishing M3 or M4 money aggregates some years ago. When they started to clearly show new money coming in from the house market ..
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House prices fall in London’s luxury postcodes
http://www.theguardian.com/money/2016/may/17/house-prices-drop-london-luxury-postcodes
Eric posted it below, but i thought it worth linking here
Unfortunately these Prime London falls are not still reflected in LR numbers. Very annoying!
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FTBs house prices soaring. I think the London will crash next year ...
Asking prices for homes targeted at first-time buyers soared at a far faster rate than the wider market in April after a "feast" for buy-to-let investors in recent months, according to the property website Rightmove.
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I think we will have to wait after Brexit as the current price signals are getting mixed with this discussion ...
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Parts of prime property market in London hit by economic uncertainty
http://www.propertywire.com/news/europe/prime-central-london-property-2016051111902.html
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Hey damik.
Glad to hear your back. Everyone's been asking for you.
I am still with you. Let's see if the new LR data show any dips for the Prime London for this month ...
http://www.theguardian.com/cities/2016/apr/20/london-housing-crisis-sub-prime-problem-super-prime
London had a sub-prime housing problem. Now it has a super-prime crisis -
Unusual confirmation of Nine Elms flat price falls ...
This analyst insists falling house prices at London luxury housebuilding hotspot Nine Elms are nothing to worry about -
33% slump, despite all this rubbish the media has been trumpeting about 'the RUSH to buy before increase in stamp duty'. Er, what rush?
If we see now first 2 months of LR dips for places like Chelsea, Hackney, SW8, etc we are there ...
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Has Damik turned up yet ?
I am still with you ...
The Ukraine Chernobyl Thread
in Current affairs
Posted
He was a good man. He even gave a cigarette to PoWs, before he executed them ...