I've had to invest in housebuilders/services in order to hedge against the hefty devaluation of my Green Belt home that the repulsive Rayner is so keen to inflict.
History has shown over the years though, that buying housebuilders at times like this usually pays off handsomely on a 2-3 year view. Remember the mid 70's slump and the one from 92-94.I remember making a reasonable turn on Barratt Developments (as it then was) back in the 80's. All a question of timing, but I would venture to suggest anyone with spare cash could probably do worse to accumulate Taylor Wimpey and Barratt Redrow to name but two on a pound cost averaging basis every month over the next 2 years. These things always go in cycles.
well for starters my siblings are girlsThen both went into and stayed in the public sector while I have never been part of the lanyard wearing classes so me and my sisters would be a more diverse board than 4 women of roughly the same agem class, skin colour and careers as managers ( not entrepreneurs) who share the same bien pensant views
All might have different family lives, different health problems, different early years education, different likes, dislikes etc. The list is infinite. Narrowing diversity down to a few boxes to tick is a category error that plays into the hands of identity politics. Having people from different races, different genders, different sexual preferences won't stop GroupThink. How do we know they don't all go to the same pub and listen to the same pub bore? "All things are the same except for the differences, and different except for the similarities." - Thomas Sowell
That's not what I said. Did you and your siblings all think the same, even though you had the same parents, the same socio-economic background etc etc?
I remember posting these similar questions to you Tom a while ago and you weren't too impressed. I knew we would get towards the end of the year with fuck all update from the company not Harry. It's outrageous how poor the Comms have been since such a huge incident. Has any work been done? That perinnel access road nearly completed.... I expect another placing towards q1 if not sooner as it burns cash and then it'll be claimed it's needed for Saudi. If that happens then I'll be out as I doubt this will go anywhere if they don't get something done on the next few months.They have to get rid of Harry, the market hates him and his antics.
Milton Friedman, as far as I am aware, never suggested that the ONLY thing that causes inflation is increasing the money supply. MV=PT is a fundamental economic principle. If P (price levels = inflation) is rising, it can be reduced to the extent that one of the other factors in the equation can be influenced. V (velocity of money circulation) is difficult to control. That leaves M & T. T can be influenced by taxation and government spending. Friedman just argued that reducing M through interest rate rises is the most effective way to do it; since interest rates have a big effect on M.
There's a building bonanza in my leafy corner of Berkshire: new estates of hundreds, even thousands of houses. And developers even angling in the new Local Plan to build thousans of homes on my bloody Green Belt. This is partly because the clowns who sit on my local council have failed to maintain something called their 5-year housing land supply and that awful ginger woman has punished them by overturning all their planning refusals on appeal.These builders don't put a spade in the ground unless they are confident their tacky new boxes will sell. So, I'm thinking that the pttern must be repeating across the country.In addition, for the first time in umpty years, my council has put its hand in its pocket to build some old-fashioned, state-owned social housing and that must be occurring elsewhere too.At least some builders must profit from all this madness.
