In this episode of the Informed Choice Podcast, Martin talks about what the name of your road means for house prices, some investment market predictions for 2016, and there’s a roundup of the latest personal finance news.
-The final sale of the government’s stake in Lloyds Banking group has been postponed.
-The UK economy grew by 0.5 per cent in the final quarter of last year.
-A row is growing over the controversial tax deal between Google and HM Revenue & Customs.
-The average deposit required to buy a home in Britain has exceeded £80,000 for the first time.
-There has been a 6.7 per cent increase in registrations for new homes across the UK, according to the National House Building Council.
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What impact does the name of your street have on the value of your property?
New analysis of house prices by property website Zoopla has found homes with the words Warren or Chase in their address tend to be the most expensive.
Homes in a road with Warren in its title is typically worth £607,267 – more than double the national average of £282,978.
After Warren, the next most expensive addresses contained the word Chase, worth an average £482,867.
Fund manager Mark Yusko, the chief investment officer of $3.7 billion Morgan Creek Capital Management, shared the 10 things he thinks could surprise the market in 2016.
In a presentation at Inside ETFs Conference in Florida, Yusko predicted that one or more of the developed markets, including the US, Europe, and Japan, could slip into a recession.
He also thinks the US Federal Reserve will have discussions about another round of quantitative easing in the second half of 2016.
What are your investment market predictions for the year ahead? Do you agree with Mark Yusko?
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