Want to fix the housing crisis? Give young people the right to a low-cost home | Sonia Sodha theguardian.com/commentisfree/…
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Tom Hall
57 posts
Tom Hall
@tlheconomics
Chief Economist at Aqua Consultants
Edinburgh, City of Edinburgh Katılım Mayıs 2019
34 Takip Edilen34 Takipçiler
Boris Johnson's 95% mortgages will put Britain back on course for a house price crash | Josh Ryan-Collins theguardian.com/commentisfree/…
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A pleasure to be speaking to @resi_analyst this morning for @BuiltPlace Housing Conversations. Check it out below:
#ukconstruction #BuildBackBetter
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Tom Hall retweetledi
This is a v big change from furlough. Less generous. Only open to those who are working a third of normal hours. Understandable given need to adapt as economy changes. Can't pay all wages forever. But a lot on furlough now likely to lose their job.
HM Treasury@hmtreasury
From 1 November, for the next six months, the Job Support Scheme will protect viable jobs in businesses who are facing lower demand over the winter months due to Covid-19.
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Tom Hall retweetledi
In this new post, some advice to an aspiring economist. It sounds odd, by I recommend learning economics outside an econ department.
Why?
Because econ 101 is the equivalent of phlogiston theory.
economicsfromthetopdown.com/2020/09/24/adv…
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Tom Hall retweetledi
There were 81,280 property transactions in the UK during August 2020, 15.6% higher than July 2020 but still 16.3% lower than in August 2019 according to HMRC...
#ukhousing
assets.publishing.service.gov.uk/government/upl…
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What now for Britain's economy – a new direction, or business as usual? | Larry Elliott theguardian.com/commentisfree/…
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Tom Hall retweetledi
If UK reneges on the Irish protocol, the EU can take it to... the European court of Justice.
Boris Johnson agreed to ECJ jurisdiction to supervise and enforce the protocol (A12).
But if gov repudiates one part of protocol, presumably it rejects all, and takes the consequences.
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#UKconstruction contract awards in August fell by 40% to £3.9bn after strong recovery in July (£6.3bn)
The construction pipeline is v weak at the moment, all the uncertainty looks like its going to weigh on the industry over the near future
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Tom Hall retweetledi
Scoop: U.K. officials are urgently working to avoid a border crisis with the EU, according to a leaked memo 1/ bloomberg.com/news/articles/…
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Tom Hall retweetledi
90% of people want to continue working from home - fascinating survey results from @iseressex - such a great opportunity to change our built environment for the better #BuildBackBetter
#block-5f48c4748f08767dd7f10f82" target="_blank" rel="nofollow noopener">theguardian.com/world/live/202…
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Plus ultra-low base rates for forseeable future.
Also we're looking at cost push inflation rather than demand led inflation so likely to lead to further disposable income pressures and anaemic recovery without fiscal stimulus and pay rises!
Mohamed A. El-Erian@elerianm
Even more central bank stimulus: That's what #markets--across the board--have taken away, at least for now, from #Fed Chair #Powell's remarks on changes to the #MonetaryPolicy framework. With that, the initial reaction is a la #MMT: higher prices for #stocks, #bonds, #gold, etc
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Impressive how UK is top of the leaderboard of GDP falls and excess deaths... who's still arguing its the economy vs public health???
Anthony Gooch Gálvez@pitres
#GDP in @OECD area showed largest fall ever recorded in 2nd Quarter 2020. Falls in #G7 countries: 🇬🇧 -20.4% 🇫🇷 -13.8% 🇮🇹 -12.4% 🇨🇦 -12% 🇩🇪 -9.7% 🇺🇸 -9.5% 🇯🇵 -7.8% 🇪🇺 -11.7% 👉data.oecd.org/chart/5ZUq For up-to-date analysis on #COVID19 visit 👉oecd.org/coronavirus
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Withdrawl of payment holidays & weak definition of "tailored support" = more uncertainty for residential construction sector?
#UKconstruction
MoneySavingExpert@MoneySavingExp
Mortgage payment holidays are set to end on 31 October, with the majority of customers who took one expected to start repaying in full again mse.me/3aZksve
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