Unemployment may be low and job growth robust, but it’s not time to rest. The UK’s productivity performance is screaming for more investment. So it’s encouraging that more spending on infrastructure and R&D look to be key planks of the government’s ‘industrial strategy’. 1,038 more words
Tags » Negative Equity
(15 October 2016, AFR, p2, by Larry Schlesinger)
‘Investors in new Melbourne high-rise apartments are at twice the risk of falling into a position of negative equity – owing more on their mortgage than the value of their property – compared with than those in Sydney, according to credit rating agency Moody’s.’ 15 more words
Imagine everyone in Oakland dealing with a financial headache, one that can affect everything from their buying power to retirement plans?
That’s the far-reaching effect of negative equity in California. 834 more words