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Given the name of the place, I’m assuming the prices were partially limited to make sure it was available to relatively normal people, in the vein of John Ruskin and William Morris (John Ruskin wrote an essay called Unto This Last).

Very sad though, the shop in Herne Hill was great.

After the last set of non-dom reforms it was shown to have very little effect on non-doms entering or leaving the country, so that argument, as you say, is extremely weak.
(This twitter thread is worth a read: https://twitter.com/arunadvaniecon/status/1621087079999639559)

Even taking into consideration that there are half bottles of champagne, it's still 534…
Average of 1.5 per day. What a role model!

That’s one of the test cases I tried with your help last month, so it’s interesting you couldn’t replicate it.

I’m avoiding upgrading for exactly this reason, but perhaps I will when I’ve got some time to try it out.

I bought a brand new house once.

Looks great!
What kinds of loads will it be able to handle?

Can’t remember the name of the company, but I did once find a light that pointed both forwards and downward, creating a circular patch beneath the rider. Seemed really quite good to be honest.

Think it was an Australian company?

so having the national debt of what they would describe as a banana republic is seen as unbecoming of our place in the world

Or just average for the UK for over 300 years, as well as being pretty average today in comparison to others in the G7.

It's just vibes isn't it?

https://www.icaew.com/insights/viewpoints-on-the-news/2021/april-2021/chart-of-the-week-the-debt-of-g7-nations

Totally agree, too many components to both supply and demand that it’s hard to talk about in simplistic terms (apologies if my comment was a bit reductive).

@Hefty, this always seems to be in the news during housing downturns, but private sector new and net developments have been strangely consistent for the best part of 50-60 years, with housing inflation totally outstripping any change in development numbers.

Housing being one of those wicked problems, it’s hard to talk about only a small slice of it without it bleeding into too many subjects…

Just checking, but I presume you mean low price elasticity of supply, here? As in, increases in price do not increase the supply of new builds or result in more second-hand homes on the market.

Always lovely to see the basic supply/demand pricing mechanism break when it comes to the largest purchase ever 🙃

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The traditional Rian Johnson way, annoyingly. Had the choice of re-doing a good Agatha Christie, but failed on basically everything. Quite sad, because Daniel Craig is actually quite good in the role!

That is so so good.
Feel like it needs a more purple-coloured tape to fit with the brakes now though!

That is wonderful. How did you get to see it?

That is bonkers
Looks like… errr… zero trail!

Same here. Built two wheel sets, both with lasers (+non-butted on rear drive side), and haven’t had any problems whatsoever.

Perhaps it’s because I’ve only built those two wheels though.

Dividing smallish terraced houses into smaller flats feels like a deeply second-best solution to the housing crisis.

100%, but it doesn't hurt to do a bit of both imo

Oh definitely! I’ll take a bit of irony over bad aesthetics/construction any day.

This is worth a read on policy suggestions (despite its oddly traditionalist and narrow framing), if you haven’t seen it already (which is where I nicked the image from):

https://www.createstreets.com/wp-content/uploads/2021/08/Living-Tradition.pdf

Would be nice to see more like this applied to all buildings, rather than just flat-roof pre-1920s middle class lifestyle statements.

Annoyingly this was a solved problem hundreds of years ago with regular mansard roof construction. One house would build up with a party wall, and the rest of the terrace would follow suit, until it was banned at some point.

Don't know why we've collectively decided to rule against simpler party wall agreements and construction, and only allow weird boxes on the the back of the house with current permitted development rights.

The primary and secondary markets do fundamentally different things though. The secondary market is more akin to just redistribution, given that the buyers aren’t actually paying the company to create some stuff, provide a service and so on.

I’m not going to pretend that everyone’s using the word ‘investment’ wrong, but I would personally prefer for those two processes to have well known and distinct words.

It might change how we engage with fraudsters hyping intangible snake oil for the sake of a purely financial return and open up different models of investment, maybe like mutuals, to direct a bit of that capital on more tangible goods in more local areas.

I guess my quibble is more that we casually call it “investing”, rather than something else entirely. Not that it’s not useful, or anything like that.

Yep, pretty much. Mostly, gambling needs higher regulation.

There’s a peculiar idea that buying stocks and shares is ‘investing’ though.

The only person who invests is the first person to buy stock in a company. The second-hand market is purely speculative, and its only productive value is in providing an out to the original investor…

Particularly interesting given the recent suggestions from Lord Louth too:
https://mobile.twitter.com/ConUnit_UCL/status/1593219861588893696