June 2018 Archive

Wednesday, June 27, 2018

Take advantage of the price crash and save money on other areas too (Buzzmove!)

The Guardian: London house prices falling at fastest rate in nine years, says Halifax

With house prices dropping at the fastest rate in nine years (according to a recent Guardian story: https://www.theguardian.com/business/2018/apr/12/london-house-prices- falling-fastest-rate-nine-years-halifax), it seems like the time is ripe for would- be first time buyers to take advantage of this plummet and hop on the property ladder. However, should first time buyers be looking beyond just house pricing drops when searching for money saving opportunities? It seems that the answer to that is yes, given that forward-thinking companies like buzzmove are making waves in the removals comparison market and helping movers save on another essential aspect of relocation. Every little helps, after all!

Posted by isabella hernandez @ 10:03 AM 3 Comments

Thursday, June 21, 2018

Tinkering with the time series ...

LSL Acadata: New Builds Bolster London

LSL Acadata report that the whole UK shows >0 yoy house price growth (nominal). However, they have changed the series (based on LR data) to include a forecasting element based on the quantity of newbuilds coming to market in an area. They project the past price performance of the newbuilds forwards to do this. I guess this is OK if nothing changes, but I wonder what error this introduces when prices dip? And what would the time series look like without this "fix"?Monthly change 0% notwithstanding.

Posted by nickb @ 07:44 AM 8 Comments

Friday, June 15, 2018

London rents

Torgraph: London rents

Anecdotally, been working back in London after a long absence and it seems that there aren't as many people on the tube, noticeably. I remember being jam packed whatever the time but its just crowded now.

Posted by stillthinking @ 06:58 AM 17 Comments

Thursday, June 7, 2018

A market with compulasory participation for many is not really a market...

Generation Rent: End Unfair Evictions - campaign launch Weds 13 June 18:45

Event on Weds 13 June from 18:45 to kick off campaign to end Section 21 evictions. Would help a bit to remove some uncertainty but the market would still remain hugely uncompetitive. Most people people renting privately have no other choice. You have to live somewhere but you're not allowed to build a home yourself or live in a tent. The non-profit option - council housing - has been dwindling when it should have been growing to avoid handing over £10bn unnecessarily to private landlords in housing benefit. And buying a homer is impossible for most renters, given the cost of land.

Posted by mombers @ 12:49 PM 15 Comments

Monday, June 4, 2018

Does this title sound bad?

Torygraph: Pay rising for the lowest earners so interest rates should go up soon, says Bank of England ratesetter

Poor old lowest earners, the only ones who soon as it looks like the extra money eventually spills over to them just get a prompt hard slap on the snout instead.

Posted by stillthinking @ 09:01 PM 0 Comments

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