Category: Property
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Repossessing houses
The NY Times has an interesting look at the work of contractors whose job it is to clean up and repair vacated houses following foreclosure. One of the things people might leave behind: pets. Indeed a charity, No Paws Left Behind, has been started to try and find homes for pets abandoned after foreclosure. The…
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Property and petrol
Roger Bootle in the Telegraph has a sane appraisel of the real value of property, and who gets hurt by property bubbles. One of the effects of a period of falling prices is that much of this excess property holding will now come on to the market, exacerbating the fall in prices. But the benefit…
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Ghost estates
If there is one untold story of the past 12 months, it is that of the housing crash. Why is it untold? I guess because the media find it hard to talk about, or at least when they do talk about, they tend to paint a more bullish picture thanks to the input of vested…