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Britain can't cope with a fall in house prices – here's why

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What an awful article. Circular logic. House price falls would hurt because house prices are very high. So we should make them higher? And mean any future falls cause even more pain?

Has this guy got BTLs?

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11 minutes ago, spyguy said:

https://uk.linkedin.com/in/dr-alexander-tziamalis-8b06126

He did work the tills at Lidl....

Run the taxi rank at the olympics.

Again, dont study economics at sheffield poly.

https://www.shu.ac.uk/about-us/our-people/staff-profiles/alexander-tziamalis

Unless I've missed something, he has NO peer reviewed journal publications. That'll be why he's only at Sheffield Hallam.

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4 minutes ago, Si1 said:

https://www.shu.ac.uk/about-us/our-people/staff-profiles/alexander-tziamalis

Unless I've missed something, he has NO peer reviewed journal publications. That'll be why he's only at Sheffield Hallam.

You sure hes not cleaning the toilets?

Hus article reads like random use of terms used in economics.

He brings in the current account deficit...

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4 minutes ago, Si1 said:

https://www.shu.ac.uk/about-us/our-people/staff-profiles/alexander-tziamalis

Unless I've missed something, he has NO peer reviewed journal publications. That'll be why he's only at Sheffield Hallam.

I read that the same way. Still hats off for landing a job with those academic credentials. Certainly adds a dash of irony to the topic of his PhD

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6 minutes ago, spyguy said:

You sure hes not cleaning the toilets?

Hus article reads like random use of terms used in economics.

He brings in the current account deficit...

Yes, lazy. 

 

Also the 'Senior Lecturer (Associate Professor)' bit is cheeky, an associate professor is one below full professor. In British academic rankings that would be a Reader. That's still a senior academic post which requires a very very good peer reviewed research record and peer-referred promotion. Unlike his generally non existent research record.

 

Senior lecturer/fellow is one below that again. Still a decent job with good pay but downright misrepresentation to say he's some kind of prof. 

Edited by Si1

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2 minutes ago, spyguy said:

I'd found that one. Thought he showed some potential for the MPC in it:

"A low interest rate makes it easier for consumers to afford not just mortgages but also cars, appliances or nights at the pub. Companies profit from our spending and get access to cheap money that helps them expand or stay afloat."

https://muckrack.com/alexander-tziamalis/articles

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20 minutes ago, Si1 said:

What an awful article. Circular logic. House price falls would hurt because house prices are very high. So we should make them higher? And mean any future falls cause even more pain?

Has this guy got BTLs?

 

Quote

In a move designed to win over younger voters, May has imposed punitive taxation on landlords, cutting one of the life-lines of UK real estate and driving many out of the market. The new measures announced at the Conservative party conference apply further pressure.

Has he only just stumbled onto Section24 recently, as the market-saviour?

Announced under Chancellor George Osborne in Summer Budget 2015, and passed/approved

What about churn of new mortgages (for decades) with lower house prices.  If only we had transaction levels of the early 1980s!  Where people moved, and moved up and down the market.  (Upsize/downsize).

More people spending money in economy than to landlords/banks.

It's all about protecting the mad-gainz, and they don't give a damn - put their own special interests in a market of extremes, to try and prevent any rebalancing.

j5iPKII.png

 

 

Quote

The UK government should act decisively. This would require the continuation of loose monetary policy, a reinstatement of tax incentives for real estate investment and, of course, a real plan for Brexit and the future of London’s financial services industry.

Just too much special flowers and human-shielding to protect the mad-gainz.

Yeah for this prosperous economy here my landlord owns 5 houses, rented out to younger people worth a combined £2m+, reaped rents for 17 years, has a lovely home himself, and so many young workers so badly priced out.

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Just now, Democorruptcy said:

I'd found that one. Thought he showed some potential for the MPC in it:

"A low interest rate makes it easier for consumers to afford not just mortgages but also cars, appliances or nights at the pub. Companies profit from our spending and get access to cheap money that helps them expand or stay afloat."

https://muckrack.com/alexander-tziamalis/articles

His writing style reminds me of Ralph Wiggum.

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4 minutes ago, spyguy said:

His writing style reminds me of Ralph Wiggum.

He's writing about "your" mortgage choices  https://theconversation.com/what-uk-interest-rates-will-mean-for-your-mortgage-choices-72165 but then slips into "our" and "us"

Quote

 

For many of us, our home is the single most important investment we will make in our lifetime and mortgage payments can take up a huge chunk of our income

Brexit and the rise of Donald Trump in the US, the two great causes of uncertainty these days, will probably save us some money, at least in the short to medium term

 

Let's hope he hasn't stretched himself too far.

 

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41 minutes ago, Si1 said:

What an awful article. Circular logic. House price falls would hurt because house prices are very high. So we should make them higher? And mean any future falls cause even more pain?

Has this guy got BTLs?

Its extraordinary people think like this.

 

The 1 thing the UK needs is a sharp contraction followed by investment in real jobs and a mass exodus of EU citizens.

 

TPTB refuse to deliver this...while Theresa may talks to minorities...the establishment just refuse to take any loss..and why should they when the can be bailed at the expense of the poor.....

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11 minutes ago, Democorruptcy said:

I'd found that one. Thought he showed some potential for the MPC in it:

"A low interest rate makes it easier for consumers to afford not just mortgages but also cars, appliances or nights at the pub. Companies profit from our spending and get access to cheap money that helps them expand or stay afloat."

https://muckrack.com/alexander-tziamalis/articles

How come... If this is true...no one can afford them any more?

 

Conclusion...he's talking sh#te

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14 minutes ago, Venger said:

 

Has he only just stumbled onto Section24 recently, as the market-saviour?

Announced under Chancellor George Osborne in Summer Budget 2015, and passed/approved

What about churn of new mortgages (for decades) with lower house prices.  If only we had transaction levels of the early 1980s!  Where people moved, and moved up and down the market.  (Upsize/downsize).

More people spending money in economy than to landlords/banks.

It's all about protecting the mad-gainz, and they don't give a damn - put their own special interests in a market of extremes, to try and prevent any rebalancing.

j5iPKII.png

 

 

Just too much special flowers and human-shielding to protect the mad-gainz.

Yeah for this prosperous economy here my landlord owns 5 houses, rented out to younger people worth a combined £2m+, reaped rents for 17 years, has a lovely home himself, and so many young workers so badly priced out.

Nailed it.

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2 minutes ago, Democorruptcy said:

He's writing about "your" mortgage choices  https://theconversation.com/what-uk-interest-rates-will-mean-for-your-mortgage-choices-72165 but then slips into "our" and "us"

Let's hope he hasn't stretched himself too far.

Good find.

Quote

The UK government should act decisively. This would require the continuation of loose monetary policy, a reinstatement of tax incentives for real estate investment and, of course, a real plan for Brexit and the future of London’s financial services industry.

"I demand an investigation.  Turn those machines back on."

Protect the HPI.   What we've been up against for so many years, and hopefully the BTLers have danced into a trap.

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37 minutes ago, Si1 said:

https://www.shu.ac.uk/about-us/our-people/staff-profiles/alexander-tziamalis

Unless I've missed something, he has NO peer reviewed journal publications. That'll be why he's only at Sheffield Hallam.

His PHD thesis 

Tziamalis, Alexander (2010) Processes of international student migration in the UK : Greek and Chinese students in Sheffield. PhD thesis, University of Sheffield

http://etheses.whiterose.ac.uk/15111/

http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.522365

Edited by Democorruptcy

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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