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Philanthropy, or shrewd business economics?
Stelios opens a 25p food store, from the Indie: http://www.independent.co.uk/life-style/food-and-drink/features/forget-aldi-and-lidl-the-new-easyfoodstore-sells-food-at-25p-an-item-a6849626.html EasyFoodstore, says Richard, was partly inspired by the soup kitchens that Stelios had opened in Greece and Cyprus as the…
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"Capitalism-a vacuum waiting to be filled"
I always enjoy reading an article like this, because it raises important issues in a sober way. "The world has been transformed by over three centuries of agricultural improvisation, scientific invention, industrialisation, increasingly free trade, and year-on-year rising standards of living. This was fine when only 10% of…
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This crisis feels young. It doesn’t even have a name yet. It’s happening by stealth
This crisis feels young. It doesn’t even have a name yet. It’s almost happening by stealth. A fund manager suggested to me the other day that this might be “the one”, the crisis that’s been coming for so long but keeps getting put off. Who knows, maybe it is. But I make the observation that the selling is relentless. If…
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London increased by 12.4% in 2015
With new survey suggesting only 2% of the population thinking prices will not rise more in 2016 and a very fast increase ( 2% plus ) in last month of the year. London property is still booming !!!
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how much will London house price crash by?
In the next 5 years :think:
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BoE's ability to kill the housing market
Hi All, I'm not one who normally posts in this forum and am not as up to date on economic issues as some. However I am currently looking to buy a property in South London although I am at the point of giving up and will continue to rent or possibly look at a shared ownership scheme as I think the last 12-24 months have put…
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Woodgreen could be getting it's own cross rail 2 station
https://consultations.tfl.gov.uk/crossrail2/october2015/user_uploads/leaflet-2.pdf
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The end of High Street Estate Agents?
Quite rightly Estate Agents have appalling reputations and I was wondering what the future holds for one of the most despised industries in the world. Does anyone agree with me that the high street agency will be a thing of the past within 10 years? and will they be missed by anyone? Think we can all agree that…
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EA % for selling around London?
In parts of the NW, the High St EA's cut from a sale is .75% to 1% and the dearer ones will usually negotiate . Im curious, what is the average % asked in London for selling property ?. Does it vary much from North to South London? The couple of EA websites Ive just looked at , dont appear to have their % written anywhere .
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Mystery Collapse in Volumes...
Right, I posed this question on the ''Are houses affordable'' thread upstairs but it got ignored/overlooked so I thought I'd see if any one here can offer an explanation. We're all aware of the large drop in volumes on the housing market over the last 12-18 months and the stock answer every time this subject is brought up…
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Large slums developing in France
Take a look at this video on YouTube: http://youtu.be/PEPmh52m1y8 will the same slums start developing here in the UK?
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The big short
It's a great film, saw it last night. Possibly a bit of a game changer. I would imagine more heads will have to roll now.
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Twenty years on – the winners and losers of Britain’s property boom
http://www.theguardian.com/money/2016/jan/23/britain-property-boom-losers-winners-housing-market-renting
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Is this a good time to put money into real estate?
Is this a good time to invest in property? Or there will be a huge crisis in 5-10 years and we will end up having a house worth half of what we paid 5 years ago?
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Mortgage Rates May Hit 14% Within Two Years
...according to the Telegraph in 2010. http://www.telegraph.co.uk/finance/personalfinance/7960378/Mortgage-rates-may-hit-14pc-within-two-years.html http://www.telegraph.co.uk/finance/personalfinance/interest-rates/7957873/Interest-rates-may-hit-8pc-in-two-years.html I wonder if Mervyn ever got his medal.
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Forthcoming increases in rents will ...
More than mitigate BTL tax rises ... http://www.propertywire.com/news/europe/london-borough-rental-values-2016012511476.html
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Blockchain
Hi Bitcoin lovers and others that are interested in such things.:iloveyou: A question regarding the blockchain. Lots of banks like to net payments between themselves off against each other: if I owe you £10 and you owe me £7 then risk is reduced if I simply agree to pay you £3. If you go bust I remain in the same position…
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Bank bail ins are coming to the UK
Bank bail ins are now legal from 1st January 2016. Its no longer the government who have to bail out banks. I'm not a doom merchant, however, I am scared the bank bail ins are coming to the UK and could happy any time in 2016 I believe the governments looked at Cyprus and thought, it worked there, so lets roll it out…
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$217,000,000,000,000!
http://www.cityam.com/233041/the-total-value-of-all-the-property-in-the-world-is-217-trillion-27-times-the-worlds-gdp I have to be honest, my 'twaddle-ometer' is off the scale right now. It is quite interesting though.
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The Socialists Making the Poor Poorer
....but at least the socialists are getting rich off the back of FX controls. http://www.economist.com/blogs/graphicdetail/2016/01/graphics-political-and-economic-guide-venezuela Most disgracefully in a period when rates of people experiencing genuine and debilitating poverty has fallen even as the populations in the…
