‘Plagued By Cretinous Idiots’

“First, I’d like to get the confession out of the way. I’m an estate agent. As the rain lashes against the office window and the phones remain mute I can almost feel the waves of antipathy rolling my way …”
So begins an amusingly downbeat piece in last Sunday’s Observer by an unnamed estate agent who [...]

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Farewell Sub Prime … Hello Prime Sub!

Are you a financier who raked in a multi-million dollar fortune during the boom?
Bored with your world class art collection, your international portfolio of prime properties, your string of thoroughbred Polo ponies?
Looking for an interesting way to spend some of the $350m you amassed during the wonder years?
Well step forward, my much misunderstood Master of [...]

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Quick Poll: 2009 – Are We All Doooomed?

The housing market has had a torrid time of it this year, but how will it fare in 2009?
Will prices keep falling? And how long for? Will rate cuts boost transaction levels?
Click the link below to let us know your housing market predictions for 2009:
What Will Happen To The Housing Market In 2009?

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Quick Poll: 1.5% Interest Rate Cut

The Bank of England has cut interest rates by an unprecedented 1.5 per cent.
The reaction from housing market professionals to the interest rate cut has been both surprise and delight – though there is concern that lenders will not pass the cut onto consumers.
Will the rate cut be enough to encourage buyers back to the [...]

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Is There Really A Housing Shortage?

Read a piece by Merryn Somerset Webb, the Editor of Money Week, a few weeks ago and meant to reply.
MSW gave Graham Norwood a bit of a clip round the ear for suggesting that the slump in house-building was sowing the seeds for the next house price boom.
“This is all total complete and utter nonsense,” [...]

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Quick Poll: Rate Cuts – Good Or Bad News?

All talk is of a hefty rate cut this week – a half point at least, and possibly even a full one per cent.

But thus far lenders have been reluctant to pass on the cuts to consumers. So our question for today is:

Use the comment box below to explain your answer.

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Libation, Potation … Location

I blogged enthusiastically a while ago about Barratt Homes dishing out free beer at viewings.
Let me now take the opportunity to raise a glass (or three) to Ludlow Thompson for their splendid Good Pubs Rental List – in ma hones opinun (hic) … iz a brillen idea.
It’s not, let me hasten to add, that they’re [...]

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All The Milk Has Turned To Jelly …

The brilliant Bird & Fortune explain the credit crunch…
Bird: … all the milk is standing around and gets rancid and hardens, and then when you get hard milk what do you get?
Fortune: Cheese.
Bird: No, no, no, no, no. It’s more like a jelly. It wobbles, you see.
And at this point the man in the [...]

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Merv: Call Dangermouse!

Mervyn King, top banana at the Bank of England, hit the headlines today because he dared to utter the ‘R’ word – recession.
I like Merv. His press appearances at the Bank of England’s Quarterly Cure For Insomnia have always been enlivened by his intellectual sophistication and sly sense of humour.
He seems like a really good [...]

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The 20th Century … It Was Brown And Scary

I’ve been looking at pictures of the Kingsway Exchange bunker complex … which has just come on the market … and I can’t shake off an overwhelming sense of dread and panic.
Maybe it’s because to my eyes those long yawning corridors look like something from the spaceship in Alien.
You just know that if you ever [...]

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