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Real estate developer looking to build build flats for Chinese and Russian investors. Gotta love the grift
I know of trader who left London to work in Dubai to still take his Russian clients business, and apparently all Russian money is going there instead of London.
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The market as an institution is 850 years old; the building that currently houses that institution is 42 years old. The market is not a place; it is the activity in which people engage in that place.
And no laws or legislation have been passed or proposed to close down said institution, is that accurate?
Earlier quoted context omitted.
The market as an institution is 850 years old; the building that currently houses that institution is 42 years old. The market is not a place; it is the activity in which people engage in that place.
And no laws or legislation have been passed or proposed to close down said institution, is that accurate?
> Chris Hayward, policy chairman of the City of London Corporation, said the > decision represented a "positive new chapter" for the markets as it "empowers > traders to build a sustainable future in premises that align with their > long-term business goals".
This is a great statement. Like firing people to free them up to find jobs that better align with their desire for employment.
I live in Portugal now, but those times are so vivid. Whenever I was at the office very early, or out parting late enough, the sight of the market workers there was sobering and down to earth.
To think of it not being there, then being replaced with something nondescript, is shameful.
In and around is Farringdon Station, one of the original Tube stations, the bars & pubs (Ye Olde Mitre, The Hope, Fox & Anchor, Smiths of Smithfield, etc.) and clubs (including Fabric).
I was working in the offices above the markets, for a nascent IT company, and believe me they weren't luxurious offices but it was exciting.
Good times, and soon only memories.
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Oh no, that'd be awful...but good news, I just looked into it, no China/Russia investors! It's a real estate developer working with the people to get a bunch of units built to ease a historic shortage. Huzzah!
There's a billion dollar price tag being punted around and you think the resulting development is going to be aimed at and priced to reduce a housing supply shortage? Are you by chance on the market to buy a bridge?
I have a proof, too long to be contained within the margins of this page, that when supply goes up, price goes down
Earlier quoted context omitted.
Oh no, that'd be awful...but good news, I just looked into it, no China/Russia investors! It's a real estate developer working with the people to get a bunch of units built to ease a historic shortage. Huzzah!
There's a billion dollar price tag being punted around and you think the resulting development is going to be aimed at and priced to reduce a housing supply shortage? Are you by chance on the market to buy a bridge?
Building the high end and having people move up helps with the high cost of construction also.
Statement from the City of London Corporation which is closing them down: > Chris Hayward, policy chairman of the City of London Corporation, said the > decision represented a "positive new chapter" for the markets as it "empowers > traders to build a sustainable future in premises that align with their > long-term business goals". This is a great statement. Like firing people to free them up to find jobs that better…
What a shame. On a few occasions my wife and I woke up at ridiculous o'clock and made our way down to Billingsgate market on the underground. We'd come back with fish and a big salmon in a black bin-bag, which I'd do a progressively less horrific job of filleting each time. Our reward would be a bacon/sausage and egg butty and a stiff cup of builder's tea. Good times