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This Weeks Housing Market Propaganda...


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HOLA441
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Karen, who runs a thriving small-business consultancy, is in a better financial position than a lot of people her age. But she still has some very valid concerns about her future security.

She earns enough to pay 40pc higher-rate tax and has amassed a £200,000 pension. She is recently divorced and has retrained as an animal behaviour expert, giving her the option to establish a lucrative sideline business.

Let me see... she has got £500,000 salted away. She 'runs a thriving small-business consultancy' yet she wants to embark on a Mad Woman Business as a dog whisperer?

Translation:

She managed to extract £500,000 from her ex. She is sick of running around installing, replacing and maintaining potted plants and flowers at local businesses - besides it's not enough to live on.

Being recently divorced she hasn't had time to salt her 'savings' into ISA's so she is paying higher rate tax on about 1% of her FTSE gains from this last year.

The pot plants do not give her the income she is so obviously entitled to and her friends told her about dog whispering at a dinner-party just before they went off skiing at Easter.

Edited by Bill D'arblay
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Let me see... she has got £500,000 salted away. She 'runs a thriving small-business consultancy' yet she wants to embark on a Mad Woman Business as a dog whisperer?

Translation:

She managed to extract £500,000 from her ex. She is sick of running around installing, replacing and maintaining potted plants and flowers at local businesses - besides it's not enough to live on.

Being recently divorced she hasn't had time to salt her 'savings' into ISA's so she is paying higher rate tax on about 1% of her FTSE gains from this last year.

The pot plants do not give her the income she is so obviously entitled to and her friends told her about dog whispering at a dinner-party just before they went off skiing at Easter.

These puff pieces always seem to have'savings' at a level that appears impossible to achieve in the real world, and probably just come down to inheritance or a windfall of some sort.

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"S W A N K Y"

Pure bubble-speak. I love it.

This baby is going to blow soon hopefully. Judging by the tons of recent articles and tv programs weeping at the plight of the poor babes struggling in their mega million London pads....it's like the 90s all over again. Bring it on.

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"S W A N K Y"

Pure bubble-speak. I love it.

This baby is going to blow soon hopefully. Judging by the tons of recent articles and tv programs weeping at the plight of the poor babes struggling in their mega million London pads....it's like the 90s all over again. Bring it on.

See also "F U N K Y".

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At the moment there is this argument that because rates are so low the "old" affordability metric basic on salary multiples is irrelevant. I saw Javid using this argument on newsnight when he was promoting HTB. Only the monthly payment is relevant apparently (and the deposit, but the govt. has got your back on that one).

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At the moment there is this argument that because rates are so low the "old" affordability metric basic on salary multiples is irrelevant. I saw Javid using this argument on newsnight when he was promoting HTB. Only the monthly payment is relevant apparently (and the deposit, but the govt. has got your back on that one).

Which is fine if you have a 12 month mortgage

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London enters the age of the skyscraper: 260 tower blocks set to transform the capital's skyline... but are they ruining it?
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Around 70 tall buildings are under construction, with nearly 200 more planned - despite London's reputation as a 'low-rise' city with just a few skyscrapers concentrated in small pockets. Cheerleaders say the massive change is the only way to deal with London's housing crisis by increasing the density of the inner city. But critics insist the new tower blocks are being built to serve foreign investors who are likely to leave the buildings empty. Pictured is an artist's impression of the City of London after the wave of new skyscrapers is built, with an inset map of the towers currently under construction.

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Lucky tenants who get to live in £3million flats for just £150 a week set to benefit further from new right-to-buy windfall

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A number of people are paying around £150 a week to live in flats in exclusive parts of Mayfair and Covent Garden in London which are owned by housing associations and worth several millions.

Like winning the lottery??? But where will the next lot live?

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M41proptwit.jpgI'm not sure if this is common or not on twitter, but came across this property ramping tweeter in my postcode area who claims to *NOT' be an estate agent, but loves property - all the tweets are promoting certain EA's in the area, pushing price barriers and bragging about massive numbers of viewings on certain roads/houses. Wondering who is behind it - certain EA's clubbing together, or the council/local business group, Rightmove???

post-31911-0-75692700-1429871650_thumb.jpg

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M41proptwit.jpgI'm not sure if this is common or not on twitter, but came across this property ramping tweeter in my postcode area who claims to *NOT' be an estate agent, but loves property - all the tweets are promoting certain EA's in the area, pushing price barriers and bragging about massive numbers of viewings on certain roads/houses. Wondering who is behind it - certain EA's clubbing together, or the council/local business group, Rightmove???

Michael Green?

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Home Flipping Profits Hit Record As Wall Street Drives Speculation (Again)

HomeFlipTease.png

There's never been a better time to be a home flipper. Not only are average returns at all-time highs (you can double your money in Baltimore), you can even obtain cheap financing from Wall Street as opposed to dealing with pesky local banks. Better still, there's a very good chance you won't have to deal with annoying aspiring homeowners because according to RealtyTrac, the percentage of flipped homes sold to other "investors" is at a four-year high.

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