It’s a funny world. We are now reckoned to be in the worst recession since the war with output down 4.9% since the beginning of 2008 and unemployment steaming towards two and a half million. Yet Goldman Sachs announced record profits and prices for Kensington property have increased by between 10% and 30% since October last year – depending on whose figures you believe. This is as counter intuitive as particle physics excepting, perhaps, the news from Goldmans: the quip going round New York trading floors is that when the nuclear holocaust strikes, there will only be three things left – cockroaches, Keith Richards and Goldman Sachs.
Archive for December, 2009
Downturn without a downside: by Charlie Ellingworth of Property Vision
December 7th, 2009 by adminGoogle vs Portals vs Printed media
December 4th, 2009 by Ed Mead
Property portals vs Google vs Printed media advertising.
It’s staggering how those in the media and those who earn money by supplying services to those who advertise in the media misunderstand property advertising.
This debate has been thrust under everyone’s noses again by the eruption of a debate, started by Dan Thomas in the FT yesterday, about Google’s possible (read certain) entry into the battle for property listings.
I have no axe to grind here and like any agent will look for commercial advantage, and if Google are willing to offer a clean and useful service that, modelled on other services they provide, is free then I’ll be looking very carefully at it.
A little about the Chancellor’s credentials
December 9th, 2009 by Ed MeadThere’s going to be a lot of waffle about the pre budget statement, but what amazes me is the credentials of the person who’s delivered it.
Alastair Darling’s university career was alarmingly close to my own in chronological terms which, I suppose, makes me feel even more qualified to comment.
Look it up, he was a solicitor for four years before becoming a public servant. I’m not decrying those who wish to serve, yet there seems to be a lowest common denominator amongst politicians that’s simply not found in the true altruist.
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