Tax & budget concerns rock prime Central London. Property prices are down on avg 4.2% on last year, & 7.5% compared with the same month a year earlier while new sales instructions rose by 8.1% as the wealthy attempt to cut & run - denting their prev pricing egos for a more tax

Not sure why people believe that a cut in interest rate is going to makel people spend more. At best it signals that central banks have finally come to agree with the bond markets 2 years later that yields must come down because of low growth and inflation expectations.

🚨Thinking of buying or renting a New Build home? I’ve visited one. It’s falling apart. Residents moved into this Croydon block in 2022. This is the state of it now … Pls #RT 🙏🏽

Well yesterday, Monday, was one of the worst days I can ever remember. Everything that could have gone wrong went wrong, then things I didn’t even know were available to go wrong went wrong too. These included: Fraud Accident (family, in surgery today) Hacking Wildfire

Scrapping stamp duty permanently would do more, instantly, for the housing market, society and the economy than any other measure. “The OECD says UK must take action to stabilise public finances, suggesting reforms such as scrapping stamp duty.” search.app/oFspDFoVKZhUZn…

Workforce Dropouts Make UK ‘Sick Man of Europe,’ Report Says No real growth coming anytime soon. bloomberg.com/news/articles/…

Landlords could face £90,000 capital gains tax bills under labour’s proposed tax changes. I know no one cares, but it’s not rocket science to deduce that this will reduce rental stock and drive up rents. Poor policy planning. bmmagazine.co.uk/in-business/la…

Bouncy Fence Moving Home with Charlie Avg deposit in London is £100k Even if prices fell 20% (they won’t), majority of renters still have nowhere near enough to buy So they’ll be less rental properties, which means higher rents

Compared to what you expected you would have achieved by now when you left education, is your quality of life: Please repost for a larger sample.

The higher priced properties are feeling it the most. This will, in time, create a slow-mo cascade effect bloomberg.com/news/articles/…

Your daily reminder that building 1.5m homes would take up an area no larger than the Isle of Wight. The Isle of Wight is *less than a third of one percent* of England's total area. In no way is the countryside "under threat" by building the homes we desperately need.

This article has aged well and warned us what would happen when amateurs were allowed to become landlords. It damaged affordability, first time buyers, tenants and good landlords. The blame can be traced to policymakers. It's always policymakers. There have been almost zero

I never dreamed of the day I would be reposting something by this misguided ideologue. As shocked as I am happy to see this called out.

35% not 30. Slide not crash. Expectation not prediction. It will take as long as it takes. I could be wrong, it doesn't matter. But I still expect that's where we'll end up. Maybe the 18 yr cycle guy is right and it all goes Pete Tong in 2026.

“The most difficult thing is the decision to act. The rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure, the process, is its own reward.”​— Amelia Earhart

It's bewildering to me how I am failing to get across the message that a tenant's home security = a landlord. Bad landlords (defined in my book as any landlord who avoidably worsens their tenants' quality of life in any way whatsover) need to go. No one wants that more than me.

Slowly, ever so slowly, realisation is dawning on the "leverage is good" crowd that it only works if the underlying asset value is growing, and not if it doesn't. So, leverage is "good" IF asset prices are ballooning. Otherwise, say after me: "Leverage BAD".

The Future of This Channel: A Final Ramble x.com/i/broadcasts/1…

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