PPCC-Pisitófilos Creditófagos-Verano 2022

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/11957394/09/22/La-reforma-laboral-genera-empleo-fijo-precario-segun-Fedea-y-BBVA-Research.html

Saludos.

[Derby]

https://www.bloomberg.com/news/articles/2022-09-23/china-mortgage-boycott-widens-as-homebuyers-take-aim-at-quality

China Mortgage Boycott Widens as Homebuyers Demand Construction, Environment Quality

Chinese homebuyers are citing a wider range of concerns as justification to boycott mortgage payments, including poor construction and noise pollution, ratcheting up their demand amid a spiraling housing crisis.

Data from the GitHub open-source site “WeNeedHome” showed homebuyers boycotting payments on 343 projects in mid-September, up from about 318 in early July. Some new boycotts stem from concerns about how well homes were constructed, rather than the timing of completion, and discontent around noise pollution and factors such as not having quality schools or malls nearby, Bloomberg Intelligence analysts Andrew Chan and Daniel Fan wrote in a Friday note.

China’s deepening property crisis and a nationwide mortgage boycott have sparked turmoil in its economy and impacted millions of homeowners this year. The boycotts may increase the burden for local officials and complicate their efforts to defuse the crisis. (...)

[Cadavre Exquis]

https://www.eleconomista.es/economia/noticias/11956284/09/22/La-UE-prepara-nuevas-sanciones-contra-Rusia-ante-la-escalada-del-conflicto-.html

Saludos.

[Derby]

https://www.bloomberg.com/news/articles/2022-09-23/europe-energy-crisis-to-last-more-than-a-winter-amrita-sen-says

Europe Energy Crisis to Last More Than a Winter, Analyst Says

*Energy Aspects analyst says Russia needed to balance market
*Global crude oil markets facing a very volatile fourth quarter

Europe’s crippling energy crisis could extend through the end of 2023 as the region grapples with robust demand and a squeeze in supply exacerbated by Russia’s war in Ukraine, according to Energy Aspects Ltd.

“This is not a one winter story,” Amrita Sen, chief oil analyst at the industry consultant, said in a Bloomberg television interview with Shery Ahn and Haidi Lun. Russia is needed to balance the market, not just for the upcoming winter, but potentially the following cold spell at the end of next year, she added.

Russia’s invasion of Ukraine upended energy flows and rippled through global markets, driving up natural gas prices in Europe and forcing drastic measures such as Germany nationalizing its biggest importer of the fuel. Oil is expected to see further volatility in the fourth quarter, whipsawed by factors including concerns over a possible recession and China’s Covid lockdowns, Sen said.

Crude will likely trade in the $90s in the short-term before rising to around $120 a barrel by the end of this year, she said. Global benchmark Brent oil was near $90 on Friday, with prices almost 30% lower than their June high.

Key market developments investors are watching is the proposed price cap on Russian crude, and how much additional oil from the OPEC+ producer can be absorbed by China and India once a European Union ban on imports takes effect in December. Sen says the top Asian consumers have the capacity to take extra barrels, but potential banking sanctions may limit flows.

“We are expecting a lot more Russian oil floating to Asia, relabeling and finding homes,” she said. “But it does mean you are going to tie up an awful lot of oil on ships.”

[Derby]

Es criminal...

https://www.economist.com/finance-and-economics/2022/09/22/why-wall-street-is-snapping-up-family-homes

Why Wall Street is snapping up family homes

(...) Economic cycles are inevitable. Rents are unlikely to continue to climb at a record pace. Yet history suggests that residential rents are more resilient than those from other property types, especially in periods when supply is tight. From 1974 to 1985, another period of high inflation, rents actually increased by 7-12% a year, notes Jay Parsons, an economist at RealPage, a data firm. Even as homebuyer demand crashed during the global financial crisis, demand from residential tenants did not waver. Although the housing splurge of institutional investors may calm a bit, it is unlikely to cease.

[wanderer]

Ya sí que ha entrado el Otoño de 2022, así que procedo a cerrar hilo.