First up, I am thinking of changing the name of the blog. I want to expand the focus slighty to include other issues. The UK housing catastrophe will still feature prominently. Any suggestions for a new name?
Should she stay or should she go?
Renter girl, one of my favourite bloggers, is thinking of leaving Dovecot Towers. If she goes, will she curtail the weekly insight into urban despair? I hope not.
The Housing Crash Payoff: More Affordable Housing, More Disposable Income
Charles Hugh Smith thinks we should embrace the crash. "Rather than wringing our hands in horror at the crash of housing prices, we should be cheering wildly and hoping they drop another 50 percent." My sentiments exactly.
The stamp duty fiasco
More Nu Labour incompetence: even hinting at a reduction was bound to freeze the housing market.
Australia Reserve Bank "shocked" by the severity of the slowdown
Mish pointing to one more example of the global credit bust. I think he really means the global housing credit bust.
Europe's banking moral hazard
The second biggest economic problem; after inflation.
Banks Tighten Consumer Lending
"The Home ATM is drying up. And now lending standards are being tightened for credit cards and other consumer loans. " Tighter credit does not mean no credit.
Treasury Receipts Show The Turn
Maxed out Mama finds more evidence of a US downturn.
Economic Malaise Threatens To Undermine European Unity
Then give me more malaise.
Check out the campaign for affordable housing.