tag:blogger.com,1999:blog-4738024787043971090.post7858253209828884948..comments2023-10-23T21:15:02.281+01:00Comments on The Age of Stupidity: Cuba Legalises Sale of Private PropertyPhill Tomlinsonhttp://www.blogger.com/profile/16427896363273348083noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4738024787043971090.post-11128172806973751132011-11-26T00:43:23.912+00:002011-11-26T00:43:23.912+00:00No, the point is that you can only buy if you have...No, the point is that you can only buy if you have the money, because traders exploit the differences in market rules to the exclusion of those at the bottom. <br /><br />For example, being able to treat housing as an asset, rather than a good makes a massive difference to your trading decisions.<br /><br />For example interest rates peaked at 17% for seven months from 15 Nov 1979, having fallen OPnoreply@blogger.comtag:blogger.com,1999:blog-4738024787043971090.post-75426590255848438082011-11-25T20:38:07.180+00:002011-11-25T20:38:07.180+00:00"Primarily this is because supply is inelasti..."Primarily this is because supply is inelastic - we can't easily move thousands of empty houses from Middlesborough to the home counties, nor is it easy to change the oversupply of family properties into 1 and 2 bed executive flats to cope with the changing demographics of aging reproduction and the tendency against communal living."<br /><br />Thats why we have prices. You can buy Phill Tomlinsonhttps://www.blogger.com/profile/16427896363273348083noreply@blogger.comtag:blogger.com,1999:blog-4738024787043971090.post-20162136659744919352011-11-11T16:05:20.008+00:002011-11-11T16:05:20.008+00:00there are several problems with your analysis here...there are several problems with your analysis here.<br /><br />Firstly, your failure to distinguish the particular factors involved in the housing market does you no favours regarding your conclusions.<br /><br />You are correct that the UK doesn't have a general problem with the number of bedrooms in the country, but we do have several specific problems with the type, form and location of Oranjepanhttps://www.blogger.com/profile/08150901449640162740noreply@blogger.com