Tag Archives: mortage mess

Too much of everything

Posted on July 29, 2009 by Les Jones

The guys at Zero Hedge have put together a report on the state of the economy and why we’re not going to go back to the good old days next month or next year: “The End of the End of … Continue reading →

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Rent your unsold house until market improves? Probably not gonna work

Posted on July 2, 2009 by Les Jones

The New Homeowner Hallucination: “We’ll Rent For A Year And Then Sell When The Market Comes Back” When I asked her what made her think the market would come back when rates were going higher, availability of credit was down, … Continue reading →

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Why refinancing won’t solve housing problem

Posted on March 3, 2009 by Les Jones

A straightforward explanation.

Posted in Economics | Tagged | 1 Comment

Mortgage problems in the UK

Posted on December 16, 2008 by Les Jones

Telegraph – House prices to crash 30 per cent, Barclays chief executive John Varley warns: In a remarkably candid interview, John Varley, the group chief executive of Barclays, warned that Britain is only mid way through the house price slump … Continue reading →

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