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Does Help To Buy actually help to buy?
Or in the long run, does it merely increase house prices? Prompted to post this thought by someone posting in the mortgages forum who can get a mortgage of £143k but has seen a house he fancies at £200k so wonders if HTB would enable him to increase his mortgage or otherwise buy? So seems to me as more can afford that…
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TMW 145% stress testing
Doesn't look good, that a whole lot of extra rent to find! http://www.theguardian.com/money/2016/apr/29/nationwide-tightens-lending-criteria-for-buy-to-let-landlords Coupled with the small house price drop yesterday according to LR, I'm thinking twice about my BTL purchase I've got going through, however it's a three bed…
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How Cheap Can Solar Get?
Spoiler alert! Very cheap indeed. http://rameznaam.com/2015/08/10/how-cheap-can-solar-get-very-cheap-indeed/ If you doubt whether prices will fall like that this is based on a conservative interpretation of history (according to the article). The Model T by comparison: The retail price of electricity in NSW is currently…
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Shouldnt the "Remain" vote be winning by a landslide??
There are a number of polls out there, but on average the leave/remain is about 50/50 at the moment, depending on the week and sentiment one group may pull ahead of the other for a spell but overall we can agree its neck and neck. This surprises me, surely if being part of the EU is fundamentally the genuine best thing for…
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Nationalisation
Why do people seem to want to nationalise or subsidise Tata Steel but not Austin Reed or BHS? After all those retailers employ far more people than Tata and provide career jobs to low qualification people that realistically aren't going to get work in the higher income sectors of the economy. Tata Steel employs about 6,000…
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Would you buy a house now with the run up to the vote?
Hi, I am currently in the situation were me and my girlfriend have found our first house and using the help to buy scheme, the house is still being built and should be ready for the end of this summer. We have been given the go ahead and are currently sorting out solicitor fee's like land search fee's etc.. But no…
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Are you voting to remain or leave the EU - Poll
As title suggests
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Outlook If The UK Remains In The EU, But Other Countries Leave?
I think one area not really being discussed is the rising eurosceptism across all europe. And what will the future look like if britain does remain but then other countries leave? Will it leave britain funding a bigger burden of the north/south Euro divide, bailing out the failing countries? Already looks like another…
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Selling to the 1%
http://www.nytimes.com/2016/04/24/business/economy/velvet-rope-economy.html?_r=1
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Brexit: would you rather
Which of these would you prefer I went for option 2
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Life in prosperous independant nations - awfull? 'Isolated' Irrelevant'?
How are prosperous independent nations managing their way in the world given Remains core arguments around independence being synonymous with 'isolation'? Here are some core arguments where Remain equate independence with 'isolationism' and 'impotence'; + Independent Britain would have less influence in the world + Wont be…
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3D map
http://www.cityam.com/239460/this-scientists-3d-map-of-uk-house-prices-will-make-you-weep-into-your-morning-coffee
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Will the end of the BTL Rush To Buy see a new housing market dynamic?
http://www.bbc.co.uk/news/business-36100104 I would have thought we were likely to see at the very least the property market taking a 'breather'. I am also strongly in the 'expectations' camp when it comes to economics so if the market appears to be stagnating/falling a lot of the current demand could evaporate as people…
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London's luxury property market is crumbling - Terrible news for affordable housing
The latest set of evidence shows that the luxury market is crumbling and this is really bad news for affordable housing in London. If luxury properties don't tempt the rich then those in a lower band will, pricing out prospective buyers with less money. Houses in the most sought after areas in London — such as Belgravia,…
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EU Brexit impact - Treasury Analysis
MSE Insert: Hi everyone, you might like to read Martin's take on it in his March blog: The EU referendum's hit the pound. Should you buy euros and other holiday currency now for the summer? Back to BobQ's post... ---- HM Treasury are about to publish a report on this: http://www.bbc.co.uk/news/business-36068892 More…
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Saudi Arabia Set to Secure $10 Billion Loan to Address Budget Shortfall
Budget deficit of 19% makes even Greece look prudent. http://www.wsj.com/articles/saudi-arabia-set-to-secure-10-billion-loan-to-address-budget-shortfall-1461148491
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54.3p
Ok, don't know if anyone can offer thoughts on this. The $Au is currently at 54.3p. We want to send $15,000.00 over to the UK to pay off our mortgage. Is it worth waiting to see if it hits 55p, or do you think we should bit the bullet now? The $Au vs the £ can be tracked here;…
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Cameron spending £9 Million on Brexit Propaganda.
Cameron is spending £9 million of our money to tel every household to vote to stay in the EU. Should he actually be sending out a balanced un-biased explanation of the situation and the possibilities instead of trying to brainwash us?
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The Economics of Brexit: What Next
I hear that there is a referendum going on at present as to whether the UK should remain in the EU or do something else. This news has recently reached Australia and it transpires that I, despite living in a mere colony, am able to vote in this referendum. I understand that HM Queen's Government has circulated a flier…
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Do you think we have enough polls about leaving the eu?
What do you think