DiaryFolio

Recently as part of Indian Governments demonetisation drive, there is a significant opinion divide on whom the real impact falls upon. This article is more of a data driven analysis based on key metrics Black Money - What is it? Who owns it? Wealth division - How wealth is divided and how it is stored Balance of power with Money Population Permanent vs temporary removal of high currency denominations Summary of Black Money In simple terms "black-money" means funds/wealth earned in day-to-day "transactions" which are NOT subjected to tax and therefore unaccounted. One of the biggest misconceptions for the word "black-money" is that it is some type of fake currency, but it is not.  Also other key word here is "transactions" which involves shift of funds/wealth. For instance, if a ordinary blue collar worker earns Rs500 and goes and buys milk from his friendly neighbour for Rs 100, then that IS black-money transaction of Rs100. In a mode

UK House Price Index Graphs - Aggregated from various indexes including Land registry House price Index Rightmove House price Index ONS House price Index Halifax House price Index Nationwide House price Index All the historical Data has been shared at : Diaryfolio Google Docs  link Please also check:  http://www.diaryfolio.com/2012/10/planning-to-buy-house-one-stop-shop.html Nationwide Index Halifax Index    RightMove Index     Land Registry Index      Community and Local Index    Please also check the one Stop shop before purchasing house http://www.diaryfolio.com/2012/10/planning-to-buy-house-one-stop-shop.html DataSnapshot  UK House Price Chart

Hope everyone wants to get into the housing ladder. It seems simple, but its NOT. You need to thoroughly invest time before you buy a house. It may be your once in life investment. This has been written mainly for UK house market. Please also see some older articles before you read down Is Renting Cheaper than Buying? Renting vs Buying by NYTimes Should you Rent or Buy Calculator Tools and Sites RightMove , Zoopla aka FindaProperty , Globrix PropertyBee  Plugin - Seller psychology with amended, re-listed prices of properties Mouseprice   or Zoopla - Sold house prices School Finder - Quickly view good schools and ratings Historical Prices - Rightmove , Zoopla Mortgage calculators / Loan / Rate Information All type of mortgage calculations  at MSE MoneyAdvice Calculator Google Mortgage Comparison Mortgage meter  - To show average lending rates from Banks Land Reg Price Calculator - Showing CAGR and price estimation Loanmunger.com - A simple calcul

United Kingdom house prices going down.. Some reasons I can think of High value initial money requirements Stricter immigration controls? Value of house more than average wages Un-employment on the rise and no spare money for youth. The long term price trend graph is also going down. The above graphs are very much in-line with the research and bubble market hypothesis as I already noted in my previous post  http://www.diaryfolio.com/2012/03/housing-and-financial-bubble.html There are quite some clever graphs to check if its better to Buy house or Rent including the long term impact NYTimes Graph