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Seeking Space, Well-to-Do Londoners Dig Deep

"To compensate for the lack of natural light around his new basement swimming pool, one London homeowner installed an outdoor camera that projects real-time images of the changing sky onto the pool ceiling. To assuage the concerns of swimmers who hate cramped spaces, another resident dug down so far beneath the earth that his pool is 16 feet deep and has a high-diving board.

Britain is not immune from the housing slump, and London is still reeling from last month’s riots. But never mind. In a city that has some of the richest people and most expensive real estate in the world, well-off homeowners who have exhausted the traditional methods of home expansion — build up, or build out — are enthusiastically branching out the only other way possible: down."

nytimes.com

Iconographies to decorate your walls 

1 septiembre Paris vq New York - Decorate chic: Paris vs New York

Bagel or baguette? J.F.K. or C.D.G.? Pigeons or rats? These abiding questions are the central conceit of Paris Versus New York: A Tally of Two Cities, the Web site by the Parisian graphic designer Vahram Muratyan.

A metropolitan touch to your city apartment.

parisvsnyc.blogspot.com

Decorate your home in a Norwegian style

31 agosto Norwegian House - A Norwegian Home

"Everything you would expect a stylish Norwegian home to be. White, bright with views to die for. Imagine wasting time lying on the deck just watching the sail boats glide by..."

Key element: glass walls. Let your house breath.

desiretoinspire.net

Hong Kong, Brazil or France are in the top list for real estate investment 

Even as the value of residential real estate around the developed world continued its multi-year plunge in the second quarter, some countries bucked the trend. In seven national markets, housing values rose by more than 5 per cent in the second quarter compared to the second quarter of 2010. In two countries, prices rose nearly 20 per cent.

Data from the Global Property Guide for second quarter real estate values around the world reveals values in the U.S. dropped by 9.05 per cent in the period. Predictably, Greece, Spain, Ireland, and Portugal are the other nations with deep housing value problems. In Greece, property values fell 9.9 per cent in the second quarter of this year from the second quarter of 2010. That drop was 15 per cent in Ireland. Each of these European nations has deep deficit problems and has instituted austerity packages, which have tended to hurt growth and employment. Also, each is in the process of being financially bailed out by other nations in the EU.

Among the top countries to invest are: Hong Kong, Brazil, Thailand, Taiwan, Norway, Singapore, France or Switzerland.

Read complete list here: 247wallst.com

Analysis of US stock market situation

Amid a sluggish U.S. job market, a patch-work recovery in the housing market sector, and now damage from Hurricane Irene, it's understandable if U.S. investors are hesitant regarding deploying new money to the stock market.

Conclusion regarding where the Dow Jones is headed, near-term:

Technical Indicators: Neutral. The Dow is firmly below the 50-day (11,937) and 200-day (11,988) moving averages -- which is bearish. However, the Dow, as noted, did hold support at/near 10,700.

Fundamental Indicators: Slightly Bearish. During the second quarter earnings season, corporate earnings were adequate to slightly better than expected.

Monetary Policy: Bullish. Inflation remains low, at the core level (which excludes food and energy prices). Fed will at least continue to reinvest the proceeds of the second stage of it's quantitative easing policy to help stimulate the economy.

Fiscal Policy: Bearish. The U.S. Congress, led by the Tea Party-pressured Republican majority in the U.S. House, implemented austerity measures too soon.

Credit Markets: Recovering, but still strained, with still too many small/medium-sized businesses arguing they're not getting the level of credit they need to expand operations. Home mortgage qualifications terms remain very high.

Europe's sovereign debt situation has improved somewhat, but there could be more financial market ripples if Portugal or Spain require a bailout. So far, each has said they won't need outside intervention funds.

ibitimes.com