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What’s Now Changed in the Housing Market - by Brian Durrant

Stretched price to income ratios and a mortgage famine increase the downside pressure on house prices.


UK Planning Laws Contradict Government Targets - by Tom Bulford

UK planning laws stand in the way of the government’s 3m house building target


UK Property Market : from Relocation to Repossession - by Mark Siara

The main benefit of a housing market correction: axing those TV property makeover shows


Mortgage Rationing on the Way - by Rob Mackrill

The Bank of England warns that mortgage rationing is on the way


Housing Market: Buyers Disappear - by Rob Mackrill

Estate agents report record low activity levels as buyers desert the market.


Why Estate Agents Will Be Going Broke - by Rob Mackrill

Others lenders are likely to follow C&G’s move, says The Telegraph. More liquidity drains away. Not good news for estate agents as the pool of buyers continues to shrivel.


Buy-to-Let Confounds the Jeremiahs - by Rob Mackrill

Over at the Nationwide building society, some more liquidity just drained away. The cheap money days are over we know, but now we begin to see what it means for those looking for a mortgage.


Bankruptcies Loom Over US Housing Market - by Bill Bonner

Todays another big day. The 12 members of the Feds Open Market Committee will get together in New York and decide what to do. As of this morning, we dont know what they will do. Our bet is that they dont either...


Bill Bernanke Gives Away Money to Stimulate Economy - by Bill Bonner

Yesterday, Ben Bernanke, former head of the Princeton Economics Department and now head of the biggest central bank in the world the US Federal Reserve explained that monetary policy wasnt enough. Already, as we pointed out here in the Daily Reckoning, the yield on 10 year Treasury notes is lower than the rate of consumer price inflation (or close to it). This means that the most qualified borrowers can get money on very favourable terms it is practically free...


Cracks Begin to Show in US Housing Market - by Bill Bonner

Driving down Route 4 in Southern Maryland, we passed a sign advertising a new housing development. So many are the new houses weeding up in the greater Washington, DC area that one hardly notices another one. But the sign caught our attention: The Wow Factor it said, in large red letters. The houses were just like all the others built in the last 10 years with large, fraudulent fronts, laid up in brick, some with tall Tara-like columnsand front windows so large you bend down to look for a stone. You think they might be substantial, handsome houses. And then you see the vinyl siding and small, plastic windows on the side. They only look good from the front. And then only if you dont look too hard...



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