Lúcás Ó Rothláin

Strategic, technical + scientific support for businesses wanting to boost their social + environmental performance. #Agriculture #Food #Housing #Carbon #Climate

[Moving Home with Charlie @moving_charlie]

Thank god. For a minute I was worried that it's a foundational collapse in house values because of the end of decades of stimulus, flatlining wage growth and spiralling unemployment.

It was just the football. Because that's what sellers and agents would have discussed. Yup.

[Moving Home with Charlie @moving_charlie]

Credit where it's due: Good to see a mainstream publication firstly acknowledging the housing market "slowdown" (understatement)

AND

Forecasting it to continue to get worse. That's the first time they've been that helpful in years.

https://t.co/8azCFqphMl

[Moving Home with Charlie @moving_charlie]

When the numbers are in for May and June, I think the actual figures will show we're right in the grip of the worst housing market conditions since 2008.

[Kevin Scott @Kscott_94]

Update: The scene in Rathcoole tonight where a car has been damaged in an arson attack.

The vehicle belongs to a foreign national family who live in the area.

Police are now at the property @BelTel

[Iran Observer @IranObserver0]

⚡️BREAKING: The Strait of Hormuz will be open to free passage for 60 days, after which Iran will begin charging a “Service Fee” — Fars News

Source told Fars:

"In the final moments of the negotiations, the text of the agreement was changed, and the United States recognized the sovereignty of Iran and Oman over the Strait of Hormuz"

[Moving Home with Charlie @moving_charlie]

Zoopla Director: "It's time to stop talking about the housing ladder."

Very happy to see someone much more qualified than me agree with what I've been saying for 3+ years. The housing ladder isn't a thing any more.

[Moving Home with Charlie @moving_charlie]

"Biggest June Fall in Asking Prices in 14 Years"

Asking prices falling both month-on-month and year-on-year, especially at the "top of the ladder".

This masks a north-south divide with bigger falls in the south.

[Ben Kentish @BenKentish]

Very notable that Andy Burnham’s defence of the triple lock is that scrapping it would be unpopular, rather than the policy itself making any sense.

[Farrukh @implausibleblog]

Investment in the UK has fallen behind other countries by 18%

[Double Down News @DoubleDownNews]

9 Years After Grenfell: 72 Dead. 0 Jailed. The System Worked Exactly As Planned

[Nick Clarke @Mr_NickClarke]

44% of homes listed for sale in the past 3 years never found a buyer, according to Zoopla.

For BTL landlords, that's before you factor in S21 being gone — regaining possession to sell now takes 4 months if your tenant cooperates, 6–9+ months if it goes to court.

Fail to sell after gaining possession?

You can't re-let for 12 months.

#UKProperty #HousingMarket #btl

[Bloomberg @business]

London is ground zero for the AI jobs shift, as listings for roles in the Square Mile see a startling drop-off https://t.co/L2a58RGRiH

[Prof. Steve Keen @ProfSteveKeen]

Here you go : https://t.co/RixTrz8ccA

[Steve Hall @ProfHall1955]

Must read. In one interview Michael Hudson identifies the root of today's grossly unfair, unstable economy and sums up almost everything I've been clumsily trying to get across on this site over the past couple of years. Please share. https://t.co/OfwOG8A7UQ

[Mohamed A. El-Erian @elerianm]

From the FT:
"US investors are showing a voracious appetite to fund the AI race and put cash to work, agreeing to dole out more than $100bn in the span of a few days..."
In tomorrow's FT column, I’ll be discussing the prospect of a growing imbalance between the massive appetite for capital market financing —across tech, government, and corporate sectors—and available supply.
#economy #markets #tech #capitalmarkets @ft

[Slugger O'Toole @SluggerOToole]

The hurl was ours: why Belfast’s politicians need to do more than condemn…

Families were burned out of their homes in Belfast this week in openly racist violence. But Sara Morrison, who has lived in Belfast most of her life, argues that what happened o
https://t.co/VHDErFtLK9

[Sonny @thehonestletter]

Owning a £400,000 house with a £350,000 mortgage in the UK in 2026 means signing a 25-year contract to give the bank around £2,050 a month, in exchange for the right to maintain a building you'll spend another £4,000 a year keeping dry, warm and structurally sound.

At a 5% fixed rate, the total interest over the life of the mortgage is around £264,000. The total mortgage cost ends up at roughly £614,000.

The price tag on the front door says £400K. The actual cost of living in it for 25 years is closer to £750K, before council tax, repairs, insurance and the new boiler.

This is what the country has been calling 'getting on the ladder.'

[Tom Calver @TomHCalver]

Falling birth rates and a collapse in migration mean Britain’s population could start shrinking next year - not that you’d know it from official projections!

This week’s column on the challenges of counting people

https://t.co/Ms6Daihv4i

[Moving Home with Charlie @moving_charlie]

The number of sellers who approach me saying: “We can’t find an agent who won’t overprice, even when we tell them we’re more interested in moving quickly than getting every last extra £”

A realistic, motivated seller, being turned away because they “don’t want enough” for their home.

Why? Because those type of agents don’t want to confront the reality that they may have overpriced their entire inventory.

This is the kind of problem that “mandatory qualifications”‘doesn’t fix.

These agents do not understand the market or their business.

[Kevin Scott @Kscott_94]

UPDATE: A house was attacked last night in the north Belfast area.

Emergency services were called to an arson attack at a house in Leroy Street / Glenbank Place.

The incident happened at 4:30am.

Several other homes were targeted in the same area earlier this week. @BelTel