2 ms·
1. This is darkly hilarious; it sounds like the market is a mirage of wash sales, same as(?) crypto: > In 2016, shortly after many of the projects launched off
by FooBarBizBazz 5y ago
1. This is darkly hilarious; it sounds like the market is a mirage of wash sales, same as(?) crypto:
> In 2016, shortly after many of the projects launched off-plan sales, property analytics firm Propcision observed a strange phenomenon. Hundreds of luxury flats in Battersea and Nine Elms were continually being listed for sale on sites such as Rightmove and Zoopla, then taken down and immediately relisted. It was being done at such frequency across so many developments that it distorted the market across the whole area. “It gave the impression that there was not only a lot of activity,” said Propcision’s director, Michelle Ricci-Zak, “but that the average price in that area was going up – when actually we proved it was going down.”
2. Also, whoever wrote this had too much fun:
> a crowd of swollen shafts at this bend in the river
We have dicks and V. S. Naipaul!
> the first of the priapic bunch to smack you in the face
...with a nice visual, in case you missed the first one.
3. Finally, check this phrase out:
> What’s going on in Nine Elms and Battersea has nothing to do with maximising social good or creating mixed communities. It is pure social cleansing.”
It's Yugoslavia all over again!