The five ghastly “Jack the Ripper” murders took place in an area less than a quarter square mile in size. Houses in this haunting and decrepit no man’s land straddling the City and metropolitan London could be had for 25-50,000 British pounds as late as a decade ago. How things change! The general buoyancy in real estate prices in the…
Tag: Inflation
Americans Feel Optimistic About Growth And Prosperity
The effects of higher interest rates and energy prices, combined with decreased home price availability have reflected a cooling-off period of the housing market. Housing construction is suffering as well. An increased inventory of properties already saturating a depressed market means an excess supply of housing. New construction of homes and apartments, the purchase of building products and employment in…
The Merits Of Inflation
In a series of speeches designed to defend his record, Alan Greenspan, until recently an icon of both the new economy and stock exchange effervescence, reiterated the orthodoxy of central banking everywhere. His job, he repeated disingenuously, was confined to taming prices and ensuring monetary stability. He could not and, indeed, would not second guess the market. He consistently sidestepped…
Managed Forex Accounts Eur Usd Outlook 2008 3 3
What the Eurozone Outlook May Be The performance of the EUR/USD is heavily influenced by economic prospects in the Eurozone. Part of the reason the EUR/USD rose to its all-time high of 1.4968 was while the US Federal Reserve lowered rates by 100bp, the ECB raised its rates by 50bp. It was feared throughout 2007 that the strong euro would…
Cash For Structured Settlements The Smart Way
For most people when they buy a house it is considered their life’s largest deal. In some cases of structured settlements the compensation and financial considerations for a persons life duration and the total present value of the settlement can reach few millions of dollars. Therefore it is strongly advised to use professional services like annuity consultant and a lawyer…
Four Advantages Of Real Estate Ownership
The following key factors are commonly accepted as the major reasons real estate continues to be a good investment. For the majority of real estate participants, these factors are the most critical issues in a real estate venture. 1.) Real Estate is a Necessity: Real estate is at the very core of human existence. We all have three important basic…
Factors That Can Help You Make Great Profits Trading Forex
There is no way to understand the Forex market unless you have a grasp of what factors can influence the way the market will function on any given day. Here are some examples of various elements that come into play each day and impact the market for better or for worse. Perhaps the single most common influence on the daily…
Vacancies Rise To Record
UNEMPLOYMENT is set to fall further with the number of job vacancies rising to record levels, fuelling speculation of another interest rate rise. National job vacancies in the three months to August rose 2.9 per cent, seasonally adjusted, according to the Australian Bureau of Statistics. Job vacancies rose by 11.9 per cent in the year to August. CommSec equities economist…
Large Increase In Mortgage Repossessions
Recent statistics from the Department for Constitutional Affairs state that court actions by mortgage lenders rose to 28,476 in the second quarter of this year – for those that don’t follow such trends that’s up over 50% on one year ago. Also, at 18,330, the number of repossession orders was the highest for 9 years. Although yet to reach the…
The Tax Payer As Gilligan
Let’s all sing a new version to the tune of the 60’s sitcom “Gilligan’s Island” … “Just sit right back and you’ll hear a tale, a tale of mishandled use; that started with our nation’s past to form a fiscal noose. The tax was a mighty hurtin’ vice, our wallets paid the price; working hard to pay our share, it’s…