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About Me

Found 3 results

  1. I saw an advert for this earlier in the gym. There was no sound in there, so I couldn't quite believe what I was seeing. www.buytoletcars.com That's right, for a minimum investment of £7k you can invest in a lease car, and then get your money repaid to you in 36 monthly payments, followed by a lump sum. Or not. I can't imagine what sort of person would be motivated to invest in this. Cheers, SC.
  2. Although most on this forum are aware of the global issue of housing bubbles, it's always nice to have a new colourful graph to look at. Zero Hedge have just posted an interesting article looking at a comparison of leading countries HPI and HPC in some cases. It looks at how our reliance on easy credit/debt has lead to HPI that is essentially keeping economies buoyed up. As has been disccused for over a decade on hpc.co.uk it is clear that major economies are supported solely by their housing bubbles. One of the graphs seems to show several of these economies levelling off, or even starting to turn. Check the ZH article here: http://www.zerohedge.com/news/2017-03-31/our-economies-run-housing-bubbles bB
  3. http://www.oldham-chronicle.co.uk/news-features/8/news-headlines/95423/leaked-report-had-no-evidence-from-me Earlier this year, AAAW Ltd, a company Rossendale Council had brought in to manage the refurbishment of 474 homes across East Lancashire, went into liquidation. This triggered the collapse of the scheme — at an expected cost of up to £2million. The report claims there was allegedly a lack of involvement of elected members, and the council paid the supplier £3.3million without undertaking any procurement process, by the decision of a single officer. As of September, just 152 of the 359 properties renovated by AAAW Ltd were occupied, with an estimated 90 per cent of the renovated homes requiring further work. -- Do councils really just give huge sums of money over to companies?
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