Money
Signs of a bubble bursting
I remember back in January a colleague of mine telling this story to a small audience.
“Sunday I was in bad with a bit of flu, and here he calls, the agent from XXX, asking me if I wanted to see some property to buy (he showed interest in buying a property weeks before). I […]
UK house bubble bursts
An interesting article on this week Economist drives the attention on a few points with regard to the UK house bubble:
the previous downturn lasted for almost a decade
Halifax index (down 2.5% in March) is late recording the real market conditions. It registers prices when mortgages are agreed, which is a few weeks later to when […]
UK house prices set to drop 15% over two years
The FT reporting some pessimistic expectations on UK house prices for the next couple of years. 15% down + 5 / 6% inflation makes it a drop of 20+%. The article is free, and worth reading. FT.
Sphere: Related Content
UK house prices drop 2.5% in March
Well, it appears that even UK house prices follow the law of gravity. This is not really big news, as anybody that has studied a little bit the history of markets knows that what goes up has eventually to go down. It happened many times before, and it is happening now. Every time, before happening, […]
Quicken on steroids
Quicken is an amazing software. Really. It does all sort of things for you -provided you feed it with the right information. It tracks your spend, your portfolio, your credit cards and bank accounts. You can categorize all your expenses, so that you know where and how you spend your hardly earned money. You can […]