Different Opinion

Fair and balanced comments about the world from the everyday perspective of a welfare-state citizen.

20051221
 

Housing Market Braces For Interest Rate Hikes?


Per square meter prices for condos in the central Stockholm region has decreased recently, according to statistics from brokers, diagram above (SEK/m^2). A temporary effect or the impact of signals from the Riksbank, the Swedish Central Bank, that interest rates are soon going to be hiked from today's record low level of 1.5% p.a. As most households here fund their house or condo at short variable rates that are closely related to the Rikbanks' repo-rate, the Bank's decision has a direct impact on households finances. Conspiratory speculation: the bank cut rates this summer even as most Riksbank Deputy Governors during the spring told they were in favor of hikes. There is a general election this year so one could ask about the extent of political influences in the Riksbank. Or perhaps the other way round, will they hike in January just to show off their independence?

20051219
 

Money Talks Again

I don't know if it is because of the headline of the latest post, or if it is the lack of policing (my bad), but comment spam relating to money-making has apparently flourished here. Furthermore, a commercial enterprise in the finance-sector has asked to place a banner on this blog, paid for on a monthly basis. I'm most fluttered. Still it's not yet clear to me about what to post on a blog, and when to write it. Ideally, as I see it, inspiration and ideas gained from blogging should be a valuable input to your daytime job. Risks are of course that time gets wasted on interesting and exciting thoughts that eventually turn out to be unfruitful from a commercial perspective. My daytime tasks right now relates to the implimentation of the EU occupational pensions dircective (IORP) into Swedish law and pension managers' long term investment plans. Who on earth wants to read, where on blogosphere could I get some input? Anyway, I'll surf around and see what I can find, when I get some spare time.

(I swear this is wholly unintentional on my part, but the blogger spell check just suggested me to change the occurence above of "blog" to "bloc", and "blogging" to "flogging"!!?)

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