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Posts uit december, 2009 tonen

Huizenprijzen in Engeland zijn met 1,4% gestegen (in het engels) (via inside housing)

.Halifax figures show 1.4 per cent price rise Tue, 8 Dec 2009 .House prices rose 1.4 per cent in November, reaching an average of £167,664, according to the Halifax. The lender’s index states prices are now just 1.6 per cent down on the previous year, following five consecutive monthly rises. Halifax housing economist Martin Ellis said: ‘The recovery in house prices since the spring has been driven by increased demand for property, largely due to the improvement in affordability for existing homeowners and first-time buyers who can raise the necessary deposit. ‘Somewhat higher demand has combined with a low level of properties available for sale to push up prices.’ However, he warned that the future prospects for the market are uncertain. ‘Overall, our view is that house prices will be flat during 2010,’ he said. Commenting on the figures, Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors, said: ‘While some measures of house pric...

De voorspelling van Morgan Stanley over de financiele crisis.

Ik dit artikel in alt.philosophy: over de reeds voorspelde crisis (artikel van John Galt) Came across this interestesting "national income statement" put together by Morgan Stanley. It goes back a decade; of particular interest are the 2008-2009 estimate trends, which certainly appear to support concern about a "double dip," if you are of the opinion that the surging deficit will drag on the economy. http://docs.google.com/View?id=dgqgqgv3_6cm572zdx Key Comparisons between 08 and the 09 projections: Individual Tax Revenues: Projected to be -20% Y-over-Y (largest previous dip was -14% in 2002 resulting from the dot-com burst.) Corporate Tax Revenues: Projected (ready for this?) -54% YOY. (largest previous dip, -27% in 2001.) And with that....... Entitlement Spending: Up 14% YOY. NonDefense Discretionary Spending: Up 138% YOY. Defense Spending: Up 14% YOY. That comes to a 1.8 trillion dollar projected 09 deficit (up from ...