tag:blogger.com,1999:blog-8492416005551532574.post6208875383813211767..comments2024-01-09T08:21:38.158+02:00Comments on Finnish Housing Bubble Bursting - Asuntokupla: Monetary Roundup - Eliminating "The Noise"HousingFinlandhttp://www.blogger.com/profile/11208457813231210207noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-8492416005551532574.post-74211884635785255682013-05-08T22:15:10.523+03:002013-05-08T22:15:10.523+03:00Pastes are isotropic but may exhibit anomalous dou...Pastes are isotropic but may exhibit anomalous double refraction.<br />All of these issues add to the interest that can be produced about a site and this works for spots in this place <br />and any place in the world. You must, however, practice auto-rotations at the flying field with the help of <br />an instructor. The main purpose of a <a href="http://www.yourbusinessadds.com/story.php?title=deciding-upon-speedy-solutions-for-simulator" rel="nofollow">simulator</a> is to understand <br />the behavior of the system. 3) Physical parameters: The simulators are almost real, but actually they <br />are on the ground, I mean around the sea level.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-27500076415118041012013-04-22T07:59:13.459+03:002013-04-22T07:59:13.459+03:00The process is accomplished with just the click of...The process is accomplished with just the click of <br />a button. I suffered a lot of bullying and some sexual abuse and it compounded my identity problem.<br />He quickly became a well known activist for Islamic revivalism calling for the <br />ouster of pro-western governments using violent means if necessary.<br />However, the English newspapers are much central to urban <br />areas. The dishes and ingredients differ slightly from region to region, with each region having their own specialties.<br /><br /><br />Also visit my homepage :: <a href="http://www.ibounion.com/blogs/entry/Options-For-No-Fuss-Secrets-Of-algerian" rel="nofollow">click here</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-15947343233535390212013-04-08T05:06:32.090+03:002013-04-08T05:06:32.090+03:00In the US, we still express this as cubic inches, ...In the US, we still express this as cubic inches, feet, or yards.<br />The estimate you receive will be based on the number of skips you <br />need, what size skip you want, and how long you plan to keep it.<br />This Wednesday night there is a lot going on in Atlanta.<br /><br /><br />My blog post: <a href="http://sexystance.com/index.php/imarvmgpi" rel="nofollow">concrete</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-81604994284206618342013-03-20T17:53:18.799+02:002013-03-20T17:53:18.799+02:00s the only thing that can tell you with any assura...s the only thing that can tell you with any assurance that a project can move ahead and <br />make money. Some <a href="http://waakpon.com/blogs/31534/28137/picking-realistic-solutions-for" rel="nofollow">mining</a> firms lost 30 per cent of their share <br />values in the early August stock market meltdown. This <br />is still faster than dropping your entire inventory.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-47960836323235026172013-03-20T05:42:52.377+02:002013-03-20T05:42:52.377+02:00Wash your curly hair at the very least two days in...Wash your curly hair at the very least two days in a week.<br />As natural products don't have any side-effects, you can rest assured for healthy hair. A well groomed woman will look to her hair and makeup first and a poll of 3,000 females across the UK revealed that about 44% feel attractive if they are having a good hair day, this compares to 16% who felt pleased with their appearance if good teeth gave them that winning smile.<br /><br />Take a look at my site <a href="http://testtube.kotst.info/index.php?do=/blog/24868/easy-methods-for-hair-products-in-the-uk/" rel="nofollow">hair products</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-70263815592145192272010-06-10T05:04:10.718+03:002010-06-10T05:04:10.718+03:00HF
The central bankers created this mess. Super ...HF<br /><br />The central bankers created this mess. Super low interest rates got us here.<br /><br />I am just the observer and a person navigating using their compass.<br /><br />All of the central banks are committed to devaluing their currencies. It is their policy.Andrewnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-38265399791063867552010-06-09T23:49:31.403+03:002010-06-09T23:49:31.403+03:00"He notes that the price will decrease once t..."He notes that the price will decrease once the interest rates rise"<br /><br />More I do research on that subject and less I find correlation of house price downturn and interest rates.<br /><br />In fact if interest rates were to rise it would mean that inflation becomes a threat because growth has started to accelerate.<br /><br />If you look at 1990, price started before interest rates started to rise. It was when unemployment rose sharply that house price readjusted.<br /><br />More recently, If you look at the US, when interest rates went up so were house prices, when interest rates started to go down sharply so did the housing price.<br /><br />The trigger is always hard to forecast - last time in 1990, it was really the collapse of the major export partner that triggered the housing downturn.<br /><br />Maybe it could be China... maybe after summer..it's likely.HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-15333559442224163632010-06-09T23:30:17.906+03:002010-06-09T23:30:17.906+03:00So I was reading a paper published for farmers in ...So I was reading a paper published for farmers in Finland (near the Savo region) and lo and behold is an article about the housing price bubble in Finland and how it is coming to an end.<br /><br />I was certainly surprised to see it in a rural paper and what was even better it was on the last page of the paper - now I know most Finns in rural areas don't have expensive condos in Helsinki nor should care too much since they live on farms that are typically within the family for generations etc etc. <br /><br />However, I began to think, why in this back water newspaper by someone claiming to be an economist (I have no reason to believe they are not), and yet Helsinki Sanomat, the HS.fi website, and Helsinki Times mention nothing.<br /><br />On to the article, in brief, it said what we already know, those who have paid attention to this blog, that the housing prices have risen to unsustainable levels. The article states that it is because of a housing shortage, however, he points out that selling housing is becoming more difficult, and the amount of houses on the market are growing, and yet the price is still rising. <br /><br />He notes that the price will decrease once the interest rates rise and that that buying a house now, in less polite terms than he used, would be foolish.<br /><br />Your thoughts?Billpete002https://www.blogger.com/profile/07749131754358501693noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-80933174265832600562010-06-09T21:37:27.095+03:002010-06-09T21:37:27.095+03:00Of course, Andrew, I think we agree on only one th...Of course, Andrew, I think we agree on only one thing - I'm in total disagrement with you.<br /><br />...in almost all the points.<br /><br />In fact, this article was created with you somehow in mind since I knew you will disagree with the world leading central bankers.<br /><br />What you are saying is that:<br />-The European Central Bank cannot be trusted and no confidence shoud be given to it.<br /><br />-hyperinflation is already in place or is about to be unleashed.<br /><br />-Asset price never lose its value and savers get always ripped off.<br /><br />I'm not sure where those asumptions are coming but most probably from anglo-saxon right liberal sites that all in all want to preserve a roten (financial) system where few profited and gain at the expense of future generations.<br /><br />Remember, when I say few, I mean that the rest feel rich when in fact they have so much debt burden, they are at the mercy of the market. I suppose it is another way of controlling the mass.<br /><br />I am amazed at the fact that you try to make sense of a situation has not made sense and that is currently dangerously instable - not sustainable and could quickly get out of control.<br /><br />In Finland, it's a bit like the musical chair - the music has yet not stopped (even if it shortly did in late 2008)- but when it will the consequence can be pretty dramatic (hence the government current stance into spending, following a broken keynesian model.) <br /><br />The Finnish central bankers- Erkki liikanen - if I'm not mistaken has warned late may that the housing market has reached unprecendent level and household should be very carefully when buying. <br /><br />To my opinion, the damage is done - now they need to contain it. Nordea and other have pushed their interest cap strategy - clearly a moce to schedule a collapse in 3 years time (in the US it was called teaser rates if I'm not mistaking - the creation of a large sub prime population that can only afford housing due to very low rate that are currently unsustainable unless a generalized Japanese deflation anchors)<br /><br />In Addition, if the stock market goes below the March 2009, it's game over and if at the same time - as is my baseline scenario - the housing market readjust sharply: It's going to be a very painfull.HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-62211761231519327202010-06-09T15:32:23.345+03:002010-06-09T15:32:23.345+03:00working thru the noise i see that:
1. the ECB are...working thru the noise i see that:<br /><br />1. the ECB are using play money to buy 3B Euro of bonds from the banks each day.<br /><br />2. Most investors polled have no faith in Trichet<br /><br />3. UK inflation is officially beyond the target rate by a few percent and who knows what it is unofficially<br /><br />4. While Tricky Trichet is at the ECB, by his own admission devaluation of the Euro at the target rate is guaranteed, while he simultaneously says that inflation *would* be a crime against the poor.<br /><br />5. Germans have no power because their banking system is so exposed to stupid lending decisions in ireland usa eastern europe southern europe and who knows where else. The french are in a worse position.<br /><br />6. Governments like the UK will talk tougth to protect their borrowing ability while doing nothing other than what is absolutely necesssary - which means very little will change.<br /><br />7. The low euro is likely to lead to booming economic conditions in the northern states and a high inflationary environment while nothing much can be done while they protect the banks and borrowers and their own buisiness and investment vested interests.<br /><br />8. The poor and richer savers without assets who refuse to spend their money will be the losers while these same people remain in charge.Andrewnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-52053753720870164682010-06-09T13:47:32.263+03:002010-06-09T13:47:32.263+03:00Britain have more deflationnary downside than tryi...Britain have more deflationnary downside than trying to fake that inflation is the threat...HousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-13510843262372382572010-06-09T13:46:51.769+03:002010-06-09T13:46:51.769+03:00a better site...
http://www.stat.fi/til/ntp/2010/...a better site...<br /><br />http://www.stat.fi/til/ntp/2010/01/ntp_2010_01_2010-06-09_tie_001_en.htmlHousingFinlandhttps://www.blogger.com/profile/11208457813231210207noreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-79846346803953049342010-06-09T13:23:07.676+03:002010-06-09T13:23:07.676+03:00Finland in double dip recession:
http://news.bbc....Finland in double dip recession:<br /><br />http://news.bbc.co.uk/2/hi/business/10272574.stmAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8492416005551532574.post-21628019142349807582010-06-09T12:24:34.133+03:002010-06-09T12:24:34.133+03:00To achieve the same goal, if the cost of taking aw...To achieve the same goal, if the cost of taking away the cash from someone's hand openly is bigger than the cost of taking away from his pocket during his sleep, the central bankers will certainly steal but not grab him, as the later approach is considered un-democratic and usually bloodly.<br /><br />http://thedailybell.com/1114/Britain-to-See-Inflation-Risk.htmlAnonymousnoreply@blogger.com