Riddled In Buyer’s Remorse
Riddled In Buyer’s Remorse
It’s Friday desk clearing time for this blogger. “Housing clearance rates remained soft across the country over the weekend, particularly in the nation’s biggest markets of Melbourne and Sydney, which showed no signs of recovering from their torpor. The Australian reported many homes continue to sell for well under what their owners had hoped to get. When Melbourne grandmother Jennifer Webbe put her home of 15 years on the market, she thought she would get $740,000 for her house in the city’s s
Down For The Count
“The whole system is contracting…” “The great inter-war slumps were not acts of God or of blind forces. They were the sure and certain result of the concentration of too much economic power in the hands of too few men (who) felt no responsibility to the nation.” From the 1945 UK Labour manifesto Let Us Face The Future There are signs that the credit crunch is easing. Interbank lending in dollars has fallen for a ninth straight day. The various indicators of stress in the market–Libor, the TE