tinecu

You know the game has turned farce when you see titles like this: "Budget 2013: Gov sees housing market growth key to recovery" http://www.home.co.uk/guides/news/story.htm?budget_2013_gov_sees_housing_market_growth_key_to_recovery It might as well say "Gov thinks the cart will pull the horse"

http://www.home.co.uk/guides/news/story.htm?value_of_money_fell_by_two_thirds_over_the_past_30_years Time to invest in coffee?

http://www.home.co.uk/guides/news/story.htm?china_investing_in_uk_property Even the Chinese are investing in the UK property madness

I've read that 60% of buyers in Central London are foriegn buyers. What is clear is that there is sufficient demand to drive prices even higher http://www.home.co.uk/guides/asking_prices_report.htm?location=shoreditch&startmonth=02&startyear=2012&endmonth=02&endyear=2013

This sale indicates a distinct lack of confidence in in the market IMO http://www.loantalk.co.uk/newsstory?id=931&type=newsfeature&title=_5bn_uk_property_bank_up_for_sale

The rightmove index is ridiculously volatile. Best Ignore it.

Seems that City job losses are to blame... http://www.rman.co.u...ondon-5848.html Perhaps the great financial services show finally over and Britain will have to get making things again! (but not houses!).

Two articles giving a very different picture for London.... http://www.home.co.uk/guides/news/story.htm?selling_your_home_beware_unrealistic_asking_prices_says_london_agency http://www.home.co.uk/guides/news/story.htm?uk_landlords_should_consider_a_reduction_of_15_20_per_cent_off_current_rent_asking_prices_warns_age Rents and prices too high? This is the agents talking.....!

More realistic market commnetrary from Home.co.uk http://www.home.co.uk/asking_price_index/

Hmm no downturn in sight yet... http://www.home.co.uk/asking_price_index/ "Supply of homes to market has fallen and was 7% lower last month than in June 2011. Asking prices for homes on the market in England and Wales continue their steady rise, up a further 0.2% since last month. Average UK asking price rises to highest value since Nov 2008, but some regions continue a downward trend. Supply to market of properties for sale down 7% year-on-year. Annual change in asking prices: +2.1% 6-month change: +2.7%" Surprising stuff....

BTL has been propping up the market thus far... Perhaps not for much longer: http://www.home.co.uk/guides/news/story.htm?more_tenants_in_serious_arrears_with_rent_payments

Prices going up up What a bizarre (financial) world we live in. http://www.home.co.uk/asking_price_index/HAPIndex_JUN12.pdf Property the new gold? Ha ha.

Far from it. Rentals are now booming.

I think the '5 degree' you mention is to do with the increase in tilt of the earth's rotation axis and not temperature (if its in relation to Ann Walker's book).

Interesting predictions from Ann Walker's book: http://www.saveourearth.co.uk/soe_article.php?id=48 Major crop failures in England in 2012.

Up go mortgage rates.... Halifax second lender to hike rates http://www.home.co.uk/guides/news/story.htm?halifax_second_lender_to_hike_rates Well perhaps finally here comes the second leg down.

Goldprice suggests Gold is UP $54 today.

Could be the last straw for the UK property market.? http://www.home.co.uk/asking_price_index/HAPIndex_FEB12.pdf

Nice post Quiff

Not sure the Chinese will like London when the riots flair up again inevitably.

I think that these two articles some up the UK property situation time bomb... http://www.home.co.uk/guides/news/story.htm?one_million_desperate_households_resort_to_payday_loans_to_cover_the_rent_or_mortgage http://www.home.co.uk/guides/news/story.htm?pressure_builds_on_uk_banks_to_pass_on_property_loans_gone_bad

I wonder if the buyers at this new low price will demand delivery from the COMEX? That would make for a very interesting January.

Gold breaking out

... it's now a question of how many ounces do you hold. (In your hands).

Looks good to me and likely to surge in Dec/Jan.