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Wednesday, August 3, 2011

BUY OR RENT

BUY OR RENT

One of the main problems of the Israeli housing market, according to Prof. Elia Werczberger of Tel Aviv University, is that few new house is built for renting. It results in a situation where there is an increased demand for apartments to be rent but not enough apartments in the market, which will push up prices as people are forced to rent on the private market which is unregulated.

"There is a significant house renting stock that now is vacant. A lot of apartments have been bought by people as an investment or weekend housing," Werczberger said.

He added that if the treasury would be willing to provide tax exemptions for people or corporations that are willing to rent, allowing them not to pay tax on their income from renting, then that would provide a very significant addition to the housing stock.

However, current regulations favor owning over renting, Werczberber said, "In order to solve the housing problem you would have to have a complete change in the housing policy."

He doubted whether Netanyahu or anyone else would be interested in imposing a housing policy that would lead the prices to decline and the property to lose some of its value.

Tuesday, August 2, 2011

Barton given free transfer by Newcastle

Barton given free transfer by Newcastle
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Newcastle midfielder Joey Barton has been told he can leave the Premier League team on a free transfer after his stormy relationship with the club finally reached breaking point.
Barton was already unhappy with Newcastle's decision to allow captain Kevin Nolan to join West Ham during the close-season and his mood wasn't improved by the recent breakdown of talks over a new contract.
The 28-year-old showed his frustrations with Newcastle owner Mike Ashley and the club's directors with a series of angry posts on the micro-blogging website Twitter.Dallas Cowboys jerseys wholesale
Writing after Sunday's 3-2 friendly defeat at Leeds, Barton claimed another Twitter post from Newcastle team-mate Jose Enrique, which led to the Spaniard being fined after he accused the club of lacking ambition, was typical of the unhappy atmosphere among the players.
"If only we as players could tell the fans exactly how it is, without them above fining us lots of money. There will be a time and a place," he said.
"If it wouldn't effect team morale and cause unrest within the dressing room, am certain Jose's comments would be the tip of the iceberg."
"And again it would be left to those magnificent fans to pick up the remnants of their once great football club."
He then claimed he would make an announcement about his future on Twitter at 1500GMT on Monday, but Newcastle pre-empted that move by announcing Barton will be placed on the transfer list and allowed to leave for free a year before the end of his contract.
"Newcastle United can confirm that Joey Barton has been placed on the transfer list," a statement on the club's website read. "The player has been advised he can leave the club on a free transfer."SuperBowl jerseys wholesale
Barton responded to the news by claiming he had been forced out by the club's hierarchy.
"Somewhere in those high echelons of NUFC, they have decided, I am persona non grata," he wrote.
"I am on a free but the honour of wearing (Newcastle's) black and white stripes surpasses that."
"One day the board might realise, what the shirt signifies. Honour and pride. Thanks for your continued support."
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Manchester United and Arsenal have both been linked with moves for Barton during the close-season and there is likely to be a scramble for the 28-year-old's services involving a host of top-flight teams despite his often-controversial actions.
Barton has never been far from the spotlight at Newcastle following his £5.8 million ($9.4 million) move from Manchester City in June 2007.
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Shortly after his transfer, he served a 77-day prison sentence after being found guilty of assault following an incident in Liverpool.
Barton was also given a suspended four-month sentence for a training ground assault on then City team-mate Ousmane Dabo, which earned him a six-match ban upon his release from jail.
He was briefly suspended by the club after a clash with interim manager Alan Shearer as Newcastle were relegated in 2009, but resolved his differences and helped the Magpies win promotion from the Championship under new boss Chris Hughton.

Monday, August 1, 2011

As the world is experiencing globalization and integration

"As the world is experiencing globalization and integration, why can't China provide the same safety to its people?" it wrote.

But it also warned people not to jump to hasty conclusions.

"Criticism and punishment will certainly accelerate the process of becoming safer, yet blind and hasty finger-pointing should be avoided. China's development at this stage cannot be perfect."

The ministry is still investigating the cause of the accident. State media has said a bullet train hit another express that lost power following a lightning strike, adding that the power failure knocked out an electronic safety system designed to alert conductors about stalled locomotives on the line.

The accident has raised concerns about the safety of the country's high-profile and fast-growing rail network and threatens to undermine its plans to export high-speed train technology.

Separately, on Monday more than 20 trains were delayed for up to three hours due to a power outage on the flagship high-speed rail line between Beijing and Shanghai, the latest malfunction to plague the line since its grand opening in late June, local media reported on Tuesday.

The power cut happened after a storm in the central province of Anhui blew down an iron sheet, cutting off the power supply on Monday evening, the state-run Beijing News reported, citing an official from the Shanghai railway bureau.

Secret cabinet documents There's an app for that

Secret cabinet documents There's an app for that
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WANT to make heavy bundles of confidential documents lighter?
There's an app for that.
Queensland ministers will carry around secure cabinet briefings on their iPads from now on after the State Government paid for the development of a new app.
And the Government expects other jurisdictions will want to source the brand-new software to lighten their own loads.
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"Last weekend, for the first time, our Government trialled an application to get the entire cabinet bag, which is the holy grail of the Westminster government system of cabinet, onto minister's iPads," Premier Anna Bligh told a business lunch yesterday.
Ms Bligh said the state was the first in Australia to downsize the bulky folders, which was handy for travelling MPs.
"I expect to see it not only go to other governments around Australia but I think we could expect to see international interest in it," she said.
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"This is the future."
The software contains multiple security measures to stop sensitive material falling into the wrong hands, she said.
Ms Bligh also announced the establishment of a Queensland Government chief information officer to drive policy development and project management.
The new chief-executive-level position would be sought in national advertising this weekend and would ensure Queensland was grasping opportunities like those the National Broadband Network would present.
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The candidate will report to ICT Minister Simon Finn and give regular reports to cabinet on ICT performance.
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"Queensland is riding the crest of a wave of innovation," she said.
"That demands that the very best possible advice be provided to government."Ball Gown Wedding Dresses