2.3.13

Deadly!

This is probably the deadliest thing i have come across ... this evening. With no photo to show, it beats the very large frog in the toilet this morning .., and i mean IN the toilet!!

UPDATE

So the Scorpion might not be so deadly after all!! I think it's an Asian Forest Scorpion. Rest assured, it was jet black and big! Scary to look at!

DW


27.2.13

Land Registry ... Land Fantasy!

I went to the UK Land Registry site to check a couple of things. I foubd

A) they had got the buying price of my house wrong by a factor of 55%. Two other houses in my street were equally wrongly recorded.
B) i downloaded house prices for Calderdale for all types of property for the period Jan 1995 to Dec 2012 and found the prices all correlated with each other PERFECTLY.

I wrote to them on both counts!

UPDATE

Here is their response to the perfect correlation issue:

Dear Mr Williamson,

Thank you for your query.

There are natural limitations, due to sample size, in the provision of local indices. Unfortunately it is not possible to create a reliable quality adjusted monthly price index at a level of granularity much beyond London Borough level. Indeed, the Land Registry HPI is the only index that provides quality adjusted price appreciation data beyond the ten Government Office Regions. Land Registry are able to achieve this because of Land Registry's comprehensive datasets and the application of the repeat-sales regression method.

The household type breakdown on London Borough/County/Regional level is provided to enable reference to absolute levels rather than to explore differential movements. The absolute values simply represents an indexation of the initial geometric mean (a type of average) price by the appropriate London Borough/County/Regional index because a more granular index would lack sufficient sample size to provide meaningful results.

I hope this helps answer your question as to why, as you rightly noted, the appreciation rates are identical for all types of properties within the granular indices.

Kind Regards

CK

I have to say, i got very little from that response!


DW

25.2.13

Fiennes' not Fine!

I read the Ranulph Fiennes has had to abandon some escapade in Antarctica because of frostbite.

If ever i were to trek across and around Antarctica i would ask the Eskimo how they keep dry and frost free!

Simple really

DW

24.2.13

All Aboard the Skylark!

I posted the following comment in response to an article in today’s Financial Times on the UK Chancellor of the Exchequer saying he will not change course in spite of just about everything going against him.

I am very far from being a Tory but the spend it now and spend it again policies of Messrs Blair and Brown left me flabbergasted. How they got away with it for so long is a mystery but they did. I like the idea of politicians being made truly accountable for their actions: rather than being appointed to major world positions of influence and/or authority. Blair and Brown are both doing rather nicely now aren't they?
There are still Stocks in various villages around the country that could be brought back into use.
If only there were mechanisms that could tell us which of the policies and procedures a Chancellor and his team are taking are hurting rather than helping us then it would make my quest more simple. The reality is, of course, that at any time Mr Osborne can leave or be ejected and all he needs to say, as he dons his Ermine, is that he did his best under difficult conditions. He could even utter that awful phrase, that he was making tough choices and taking tough decisions. As if!
When one lives in the cloudless atmosphere of Government, no choice is tough, no decision is tough. One just takes a decision and some minion will write a speech to smooth it all away.
Yes, our debt is far too high and yes it has to come down. Yes, there has to be a major reorganisation of the economy to put all of that into effect. Yes, someone has to go through the pain barrier. Our real tragedy is the 9% industry gap: that's the difference between the GDP of Germany that comes from manufacturing and the GDP of the UK that comes from manufacturing ... please correct the figures but I know I am probably not far away. Germany makes and sells real, tangible things that the rest of the world wants to buy. We used to.
It was a long time ago when we were the cradle of the industrial revolution but Thatcher engineered (pun intended) the demolition of much of our manufacturing base with no thought of a replacement except through the service side of the economy. We all know where that went and the UK is constantly being sniped at by the USA, Singapore and others who wish to poach one or more elements of our service and banking sectors.
The current economic crisis is not one of debt levels alone it requires much more of a holistic approach to managing the country. The current crop of Tory politicians, inably assisted by the wettest Lib Dems there are, is probably the worst Administration in my lifetime. I see no spark in any of them. I see no competence in any of them. I see the same mistakes being made over and over again. Health: the NHS is a mess, let's reform it! Education: the exams system is a mess, let's reform it!! Foreign policy: human rights are our focus now, let's take on China!! Same sex marriage is of interest to just a tiny minority of people, let's have a major policy thrust on that!! la la la la la la la laa.
It's mind boggling! But then again, we ought to be grateful that many of these senior politicians were able to study PPE at Oxbridge so that they could help us to face these tough choices and decisions that are eating away at us and that the rest of us probably don't understand anyway. There, there, everyone!


DW