Hints and tips:
...“We don’t think this bounce in housing activity will persist,” said Oren Klachkin, financial market economist at Nationwide....
...But their “if it ain’t broke, don’t fix it” approach to hydrocarbons has thus far given them an advantage in terms of dealmaking....
...Nationwide property sales fell 9 per cent in the second quarter and housing starts have more than halved since 2019....
...This can open up the better rates and terms offered by lenders to attract lower-risk borrowers with plenty of housing equity....
...The chief advantage is flexibility. Unlike fixed-rate deals, tracker mortgages rarely carry early repayment charges....
...This means it was taking longer for flat owners to build enough equity in their homes to make the next move to a bigger home....
...KKR to push further into Japan US private equity group KKR, which manages nearly $500bn in assets, plans to boost its exposure to Japan, taking advantage of low corporate valuations and weakness in the yen...
...Data published this week by equity release provider Key suggested many borrowers were taking advantage of recent house price gains to help family members climb the housing ladder....
...But by the end of the decade the market had crashed, leaving many in negative equity....
...When picking stocks for a time of rising inflation, Foster says: “We tend to look for companies who can push through increased prices because of the strength of the competitive advantage....
...The advantage of low mortgage interest rates appears to have been heavily outweighed by the rise in house prices: whereas 15 per cent of first-time buyers in 2019 said borrowing enough based on their income...
...Jes Staley, now at Barclays, was once tipped as a candidate, as were Bill Winters at Standard Chartered and Matt Zames who moved into the private equity industry....
...Ford, the private equity group’s chief executive, said Lex was “nothing if not ambitious” and that his company had “made this investment based on their growth story”....
...Mortgage approvals hit a 13-year high in August and the Nationwide house price index rose 5 per cent year-on-year in September....
...We can think of house prices as being like a claim on future wages, because these set a limit upon what we can afford in rents or mortgage payments. And equities are a claim on future profits....
...Overall “the recovery in the house market has so far been V-shaped”, said Hansen Lu, property economist at Capital Economics, a consultancy....
...Last month, prices were 3.7 per cent higher than a year earlier, according to the Nationwide building society....
...And the Warehouse Reit has been an extraordinary bet, cashing in on demand for warehouses to facilitate ecommerce, boosted by nationwide lockdowns....
...If they think they still can, borrowers may be tempted to dive into the market to take advantage of cheap rates....
...It makes his investment company Berkshire Hathaway one of the biggest shareholders in Mitsubishi Corp, Mitsui & Co, Itochu Corp, Sumitomo Corp and Marubeni Corp....
...That has hurt productivity by crushing the nation’s competitive advantage from having a mobile work force....
...Nationwide, Evergrande discounted its apartments by as much as 30 per cent in September and October — part of what the company said was a “normal sales strategy” for a period that is usually the busiest...
...Buyers who have exchanged and have a mortgage offer in place for only a limited period can take advantage of a three-month delay being offered by mortgage lenders to prevent a deal from collapsing, Mr Morrey...
...Just 30% expect a V shaped recovery in the stock market....
...We suspect that may give Elekta an opportunity to take advantage of this situation and take some market share, or even some employees to strengthen its organization....
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