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Tory Economic Competence Myth?
An interesting article: https://kittysjones.wordpress.com/2015/03/30/conservative-negative-campaign-strategy-share-the-lies-and-win-a-prize/ Obviously the writer is biased against the Tories, but the quotes are mainly from independent sources (but correct me if I'm wrong). Some highlights for discussion: 'The Office of…
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Labour = Houses prices go down, Torys = house prices go up?
Apologies for the rather simplistic and perhaps inflammatory headline... Anyway, I have been reading various things in the news regarding the forthcoming election and how the result could potentially affect house prices. The general consensus seems to be that if labour get in, even as a minority/coalition, then house…
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Labour = Houses prices go down, Torys = house prices go up?
Apologies for the rather simplistic and perhaps inflammatory headline... Anyway, I have been reading various things in the news regarding the forthcoming election and how the result could potentially affect house prices. The general consensus seems to be that if labour get in, even as a minority/coalition, then house…
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The Cost of Success
The one child family was a huge success: women were hounded into aborting second and additional children and a cultural change has now occurred when a second child is seen as decadent and the only child is feted as a little emperor. There is no real tradition of retirement savings in China, unsurprising when more than 2…
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Katie Hopkins to leave UK if Labour are elected.
Looks like Labour are a shoo-in for the election now that Katie has become involved :) http://www.independent.co.uk/news/people/katie-hopkins-promises-to-leave-the-uk-if-labour-get-elected-wins-ed-miliband-the-battle-for-number-10-10138526.html
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Have to Sell before Buying Now?!
I have bought 2 properties and sold one in my life. In the past buying a house meant placing an offer, negotiating that offer and then everyone waits until both parties sell/buy their respective properties. It seems this is no longer the case and no one actually seems to be being transparent about the whole process. Our…
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train crash waiting to happen in London property
I read a stat in the FT yesterday that absolutely blew my mind. There are now 54,000 homes planned or under construction “in the priciest areas of the capital”. Most will cost “close to or above the £1m mark” and most are two-bed flats. Here’s the mind-blowing bit: in the same areas last year, just 3,900 homes were sold…
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Working as a Professional Troll
http://www.rferl.org/content/how-to-guide-russian-trolling-trolls/26919999.html
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Where will the cuts fall
http://www.bbc.co.uk/news/uk-32084722 After the election, where will the cuts fall? Mr Cameron told us yesterday he had no idea but he has civil servants looking into it. Obviously this document is ill-informed speculation but it does indicate some options Carers Allowance ended Tax Disability Allowances etc.
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House Prices Falling in Wales
http://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/Mar_2015.pdf
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The Swanson Effect
We've presumably all heard of Moore's Law. This is the idea coined by a founder of Intel that stated that the number of transistors on a microchip would double every 18 months. This has basically held true since Gordon Moore said it in 1965 and the result is that we can carry access to the sum of all the world's knowledge…
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Dion Dublin named as new presenter for BBC’s Homes Under the Hammer
Interesting.... Homes under the hammer clearly promotes HPI, I wonder if Dion's enthusiasm for property will help boost the HPI gravy train.:D
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‘Super-prime property’ could be the canary in the coalmine
One big feature of this boom has been the way it started with a big surge in super-prime property, in areas such as Chelsea, Kensington and Westminster. This then radiated out, as people priced out of those areas moved to slightly less expensive ones. In turn, they displaced others. As a result, notes The Daily Telegraph,…
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Concrete
http://www.washingtonpost.com/blogs/wonkblog/wp/2015/03/24/how-china-used-more-cement-in-3-years-than-the-u-s-did-in-the-entire-20th-century/ China used more concrete in the period 2011-3 than the USA did in the entire C20th! About 50% more. This explains how.
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R.Peston blog on inflation flooded with those disenchanted with housing
http://www.bbc.co.uk/news/business-32033926 Robert Peston has yet again had to suspend the comments on his BBC blog due to yet another uproar about housing costs in the UK, all of which are are very well articulated and well received. The argument this time is that the reporting of low inflation is just a joke when so many…
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Best BTL ROI around London?
Where is the best return on investment (ROI) for 1-bed BTL properties (house/flat) within 1 hr commuting from London? Budget appx £125k + couple of grands for DIY renovation before letting.
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Paying not to be Spied On
https://www.schneier.com/blog/archives/2015/02/att_charging_cu.html https://gigaom.com/2015/02/19/dont-let-att-mislead-you-about-its-29-privacy-fee/ Your ISP is in a unique position when it comes to your websurfing habits. They know pretty much everything you do: illegal downloads, who you bank with, the 'one-handed…
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Insolvency system favours investors
I agree wholeheartidy with this report, and it's refreshing to see it prominent in the news. http://www.bbc.co.uk/news/business-32014025 Risk needs to be bought back to investing. Infact, the whole system needs a shake up as I believe the system protects the most wealthy above everyone else.
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Who will win the UK election ?
Updated from betfair hourly ... http://www.electionwatch.co.uk Labour looking stronger ( and with Cleg talking about being more anti establishment than ever and with SNP aligned to help redistributive policies ) it's begining to look like a Lib Lab coalition is more possible. It's very possible that prime real estate will…
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Tags: stock | market | crash | warren buffett indicator Warning: Stocks Will Collaps
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts. “We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, a hedge fund manager who is notorious for his hugely profitable billion-dollar bet on the 2008 crisis.…