Manhattan

1267 days ago

The absurdity and lunacy of the current housing market

This Twitter thread comes from the US and the US residential market is very different from our own. If you have a spare $42.500, you can buy a perfectly nice 3 bedroom house with a garden and off street parking in Alliance Ohio, the small rust belt town where my friend, the late, Bill Long grew up. It is a post industrial sort of place in decline. In Manhattan, that same cash buys you a share of an apartment just big enough to rest a waste paper basket. America is so many local markets but the craziness you see there and the oddities, notably the lack of stock for sale and the craziness of buyers, is apparent in the UK too. Supporters of the SNP might consider point 10 carefully!

1894 days ago

RIP Ric Ocasek of the Cars, a man who was part of my youth in Warwick and New York heads to a better place

Boy, I did not realise that Ric was just six years younger than my Dad. How on earth can he have been so cool when I was 18?  Anyhow, aged 75 he heads to a better place. The front man of “The Cars” is dead.

3757 days ago

Has Ebola just arrived in New York City? Will the markets like that? Er

Investors are jittery enough and now this. Mount Sinai hospital in Manhattan has just admitted a patient just back from West Africa displaying symptoms which could be Ebola. Let us hope that tests prove negative.