Search the Community
Showing results for tags 'Confirmed on FTAV'.
Here's the blog post. http://ftalphaville.ft.com/marketslive/2014-11-06/ The relevant comments are made by a posted called 'Flâneur' I've heard + seen similar. Its good to see its not just me: Flâneur First things first. I am hearing of a notable upswing in commercial property transactions lately. This of course is a key indicator of stress in the Tory Burgher constituency. Private pension funds have been drained of withdrawable cash. So the holders are now trying to get cash by borrowing against properties held in pensions. This results in the property being 'sold'. Payments must then be made into the pension fund to service the mortgage on a regular basis. Its a short term fix..... Flâneur There is a serious cash-flow problem in the middle classes. Commercial property is being liquidated to fund lifestyles as 1) new pension regs arent in yet and 2) professional businesses are not back to pre-2008 turnover levels. Thats the first part of DPL.... the prefessions are getting squeezed badly and liquidating down.