House Prices On The Isle Of Man

[Slim]

1. Current events in the UK/RoW - predominately the failure of banks to lend and the inevitable path this it is leading us down.

2. November - because of the economic 'time buffer' between the island and the UK/RoW and events.

3. March to September - likely announced restructuring of various major financial institutions, impacting jobs (existing and new jobs) here too. In addition, many businesses likely to start operating in 'hibernation/survival' mode over this year.

4. 15% v 30% or worse, drop in house prices - because of there still being some demand, not a total freeze in new purchases, but with many developers staying on hold here and culminating with a major rise in construction redundancies from now to the end of summer. House prices will be further artificially supported higher than usual because of new pensioners arriving here.

5. Financial and construction sectors point to major events culminating together and impacting unemployment after summer here, if things don't change elsewhere soon. Unemployment likely to hit around the 1200 (possibly higher) mark after summer. Plus at the same time businesses here will start to feel the full impact of the usually sufficient 'spare money' (from savers that usually earn interest and are not this year due to low interest rates) drying up further elements of the economy. The 'fear factor' over this year will also cause people to hord money, rather than spend it, impacting numerous other island 'support' businesses.

 

...but of course that's only a prediction based on my own analysis of events.

 

I also predict: a big stink about work permits in around 4 months (with the odd stink or two before then) as things start to really bite.

 

Unemployment's gone down a touch this month, and prices are reported as rising. The unemployment is largely students returning to their studies though, rather than any kind of growth reason.

 

So, it's not looking quite as bad as Alberts prediction, but unemployment is still high compared to pre crunch figures.

[Slim]

Unemployment was down a bit more in December, so it looks like you were quite wide of the mark Albert. House prices have shown no sign of slipping, the market appears to be speeding up too.

 

National rate of house price inflation is 8.6%, which compared to banking interest rates over the same period is bloody good.

[pongo]

1. Current events in the UK/RoW - predominately the failure of banks to lend and the inevitable path this it is leading us down. You probably have the desire to take charge, and you certainly have the capability, so what are you waiting for, Aries? Stop sitting around waiting for someone else to make a decision. By the time the others are done arguing and vacillating about which direction to go, you will already have traveled miles and miles down the road.

2. November - because of the economic 'time buffer' between the island and the UK/RoW and events. It's important for you to stay open-minded and accepting of other people's ideas.

3. March to September - likely announced restructuring of various major financial institutions, impacting jobs (existing and new jobs) here too. In addition, many businesses likely to start operating in 'hibernation/survival' mode over this year. You need someone who is as straightforward about their feelings as you are. Silly games and head trips are so not your thing. You just don't have the time or the desire to deal with any of that drama. Some people may think you're a little boring, but the right crush will appreciate your unconditionally dependable love

4. 15% v 30% or worse, drop in house prices - because of there still being some demand, not a total freeze in new purchases, but with many developers staying on hold here and culminating with a major rise in construction redundancies from now to the end of summer. House prices will be further artificially supported higher than usual because of new pensioners arriving here. Lets pray to the God in what ever form and name we believe and pray for mercy, forgiveness and peace.

5. Financial and construction sectors point to major events culminating together and impacting unemployment after summer here, if things don't change elsewhere soon. Unemployment likely to hit around the 1200 (possibly higher) mark after summer. Plus at the same time businesses here will start to feel the full impact of the usually sufficient 'spare money' (from savers that usually earn interest and are not this year due to low interest rates) drying up further elements of the economy. The 'fear factor' over this year will also cause people to hord money, rather than spend it, impacting numerous other island 'support' businesses.

6. After there is great trouble among mankind, a greater one is prepared. The great mover of the universe will renew time, rain, blood, thirst, famine, steel weapons and disease. In the heavens, a fire seen.

7. Hunchback will be elected by the council. A more hideous monster not seen on earth. The willing blow will put out his eye: The traitor to the King received as faithful.

8. Your neighbor harbors a deep resentment. You will come up with a great name for your genitals. You need to spend some time thinking about your future. You are being watched but they're really bored. Your heart wants you to take a strong, independent stance Taurus.