Mauritius Secondary Industries Ltd (MSIL.mu) Q32016 Interim Report

first_imgMauritius Secondary Industries Ltd (MSIL.mu) listed on the Stock Exchange of Mauritius under the Property sector has released it’s 2016 interim results for the third quarter.For more information about Mauritius Secondary Industries Ltd (MSIL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mauritius Secondary Industries Ltd (MSIL.mu) company page on AfricanFinancials.Document: Mauritius Secondary Industries Ltd (MSIL.mu)  2016 interim results for the third quarter.Company ProfileMauritius Secondary Industries Limited is based in Mauritius that specialises in the rethreading of tyres as well as the renting out of commercial space, offices and industrial buildings. Mauritius Secondary Industries Limited is listed on the Stock Exchange of Mauritius.last_img read more

Terra Mauricia Ltd (TERA.mu) 2016 Presentation

first_imgTerra Mauricia Ltd (TERA.mu) listed on the Stock Exchange of Mauritius under the Agricultural sector has released it’s 2016 presentation For more information about Terra Mauricia Ltd (TERA.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Terra Mauricia Ltd (TERA.mu) company page on AfricanFinancials.Document: Terra Mauricia Ltd (TERA.mu)  2016 presentation Company ProfileTerra Mauricia Limited is an investment holdings conglomerate that is engaged in the production and distribution of alcoholic products, such as wine and spirits, and cane spirits, as well as sale of various consumable goods, production and sale of electricity from coal and bagasse. The company also manufactures and sells hollow concrete blocks, aggregates, rock sand products, rents properties and engages in the property development and promotion activities that include, site identification and surveying, project conception, market survey, administration, project management, as well as marketing and sale. Terra Mauricia Limited operates within the segments of sugar, commercial and alcohol production, and energy. The company is based in Mauritius. Terra Mauricia Limited is listed on the Stock Exchange of Mauritius.last_img read more

Retirement saving: why I’d buy cheap FTSE 100 stocks to retire on

first_imgSimply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images A swift rebound followed the FTSE 100’s recent market crash. But the index is still trading down around 25% year-to-date. As such, there still appears to be plenty of bargains in the index for investors focused on long-term retirement saving.Retirement saving goalsPlanning your retirement saving objectives can be a challenging process. But investors now have loads of options when it comes to finding cheap blue-chip stocks to buy for the long term.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Indeed, after the recent market crash, many FTSE 100 stocks are trading on valuations that haven’t been seen since the global financial crisis over a decade ago. This could indicate that many of these investments offer a wide margin of safety.Clearly, in the near term, there could be further pain ahead. This could impact your retirement saving goals. News regarding coronavirus is starting to improve, but the world is still exposed to a potential second wave of infections, and that could drive stock prices lower for a second time.However, looking at the long-term track record of the FTSE 100, it seems highly likely the index can get over this new challenge.Long-term performance The index has always recovered from its worst downturns and bear markets to experience periods of steady growth. Over 10-to-20-year periods, the FTSE 100’s return is almost always positive. As such, buying high-quality companies with strong balance sheets could help you meet your long-term retirement saving goals.That being said, due to the uncertain near-term prospects for the FTSE 100, it may be best to buy a diverse range of companies that operate in many sectors and geographies. This will reduce the overall risk. At the same time, by diversifying your portfolio, it could increase your chances of taking part in any recovery.One of the easiest ways to achieve this diversification is with a low-cost passive tracker fund. These funds buy the whole market, so you don’t have to worry about picking stocks yourself.That’s one way to do it. Picking high-quality blue-chips with strong balance sheets is another strategy investors could use to boost their retirement saving prospects.Savings plans Retirement saving plans could be the perfect way to take advantage of the recent stock market decline. Because the outlook for the market remains uncertain in the near term, investors need to take a long-term view when buying equities.Most retirement savings plans require you to commit for several decades. That should remove the temptation to sell if the market takes another turn lower. It will also help you benefit from the recovery over the long term.So, overall, while the recent market action might look scary, long-term investors should use the current downturn to buy a basket of cheap FTSE 100 stocks in a retirement saving plan. Rupert Hargreaves | Sunday, 3rd May, 2020 Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Enter Your Email Address Retirement saving: why I’d buy cheap FTSE 100 stocks to retire oncenter_img Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Rupert Hargreaveslast_img read more

Video: Ashes to Go brings church to the streets of…

first_img Submit an Event Listing Lent, February 12, 2016 at 9:04 pm While I am glad to see women involved in ministry, I am concerned that this was three women, no men. Where is the example for the men; that church is for them as well? We’ve done a complete flip-flop. Comments (5) Susan Park says: Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Bishop Diocesan Springfield, IL Assistant/Associate Rector Morristown, NJ Rector Knoxville, TN Youth Minister Lorton, VA Rector (FT or PT) Indian River, MI Rector Hopkinsville, KY February 11, 2016 at 6:27 pm How beautiful. How holy. Thanks you Rev. Spellers and your colleagues for taking this ministry to the streets of NY. I viewed this video three times and, on each occasion, it brought tears to my eyes. I must confess to having been one who felt very disconcerted by “Ashes to Go.” My discomfort stemmed from my belief this lacked the meaning of the act, because it was missing our rich Ash Wednesday liturgy. Having been inspired by this video, I was shaken from being trapped in a narrow point of view. After all, doesn’t Jesus call us to be disconcerted and brought to new ways of thing and being obedient servants. I believe Rev. Backus summoned hit the proverbial nail on the head when he wrote the ministry of “Ashes to Go” is a portrayal of Jesus’ lifestyle. Thank you for freeing me to have a more open minds. Blessings. An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME Featured Jobs & Calls Assistant/Associate Rector Washington, DC February 22, 2016 at 11:01 am Excellent. Well done in every way. Associate Rector for Family Ministries Anchorage, AK Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Video: Ashes to Go brings church to the streets of New York City Family Ministry Coordinator Baton Rouge, LA Rector Martinsville, VA Associate Priest for Pastoral Care New York, NY Jeanie Garrett says: February 12, 2016 at 6:40 am What a great witness! In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 February 11, 2016 at 5:20 pm Church of the Epiphany, Miami Lakes – we took the ashes to a small shopping center and were well received. Also able to explain what we were doing to those who didn’t understand what Ash Wednesday was all about. Submit a Job Listing Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Curate (Associate & Priest-in-Charge) Traverse City, MI The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Posted Feb 11, 2016 Tags Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Video Rector Shreveport, LA center_img Director of Administration & Finance Atlanta, GA Missioner for Disaster Resilience Sacramento, CA Fr. Albert Cutie says: Assistant/Associate Priest Scottsdale, AZ Director of Music Morristown, NJ Canon for Family Ministry Jackson, MS Rector Bath, NC Rector Albany, NY Katherine Beck-Ei says: Rector Tampa, FL Priest Associate or Director of Adult Ministries Greenville, SC Press Release Service Course Director Jerusalem, Israel Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 New Berrigan Book With Episcopal Roots Cascade Books AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Pittsburgh, PA Comments are closed. Rector Collierville, TN Rector and Chaplain Eugene, OR Priest-in-Charge Lebanon, OH Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Associate Rector Columbus, GA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Smithfield, NC The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Featured Events Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Curate Diocese of Nebraska Rector Washington, DC Submit a Press Release Cathedral Dean Boise, ID Martha Richards says: [Episcopal Church Office of Communication] The Rev. Stephanie Spellers, canon to Presiding Bishop Michael Curry for evangelism and reconciliation, is one of many Episcopalians who brought Ashes to Go to the streets on Ash Wednesday.An ENS article about Ash Wednesday initiatives to bring church to the people is available here. Rector Belleville, ILlast_img read more

Faith leaders unite in call for U.K. action on refugees

first_img Associate Priest for Pastoral Care New York, NY An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET [Anglican Communion News Service] The primus of Scotland, the archbishop of Wales and former Archbishop of Canterbury Rowan Williams have called on the U.K. government “urgently to revise its policy towards refugees.” They are among a large number of Anglican bishops and clergy from the U.K. who have put their name to an open letter to British Prime Minister Theresa May. It has been signed by 224 faith leaders.Full article. Canon for Family Ministry Jackson, MS New Berrigan Book With Episcopal Roots Cascade Books Bishop Diocesan Springfield, IL Refugees Migration & Resettlement Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Pittsburgh, PA Faith leaders unite in call for U.K. action on refugees Assistant/Associate Priest Scottsdale, AZ Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME Rector Albany, NY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Cathedral Dean Boise, ID Submit an Event Listing Press Release Service Rector Washington, DC Rector Martinsville, VA Family Ministry Coordinator Baton Rouge, LA Rector Tampa, FL Assistant/Associate Rector Morristown, NJ Ecumenical & Interreligious, Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Course Director Jerusalem, Israel By Gavin DrakePosted Sep 12, 2016 Featured Events Submit a Job Listing Rector Collierville, TN Assistant/Associate Rector Washington, DC Curate (Associate & Priest-in-Charge) Traverse City, MI center_img Rector Hopkinsville, KY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Knoxville, TN Priest-in-Charge Lebanon, OH This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Bath, NC Director of Administration & Finance Atlanta, GA Priest Associate or Director of Adult Ministries Greenville, SC Featured Jobs & Calls Rector Shreveport, LA Director of Music Morristown, NJ Rector (FT or PT) Indian River, MI Missioner for Disaster Resilience Sacramento, CA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Youth Minister Lorton, VA Anglican Communion, Rector and Chaplain Eugene, OR In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Submit a Press Release Associate Rector Columbus, GA Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Tags Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Curate Diocese of Nebraska The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Smithfield, NC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Associate Rector for Family Ministries Anchorage, AK Rector Belleville, ILlast_img read more

4 ways to save during the back-to-school season

first_img Please enter your comment! Please enter your name here Back-to-school shopping can come with plenty of sticker shock, if you don’t plan ahead. This year, parents said they plan on spending more this year than last, with totals exceeding $900 to outfit and supply, according to a survey by Rubicon. To shave some dollars off that total, here are a few savvy strategies to save while preparing for school.Watch for extreme deals This is the key time of year to follow the cardinal rule of the extreme saver: Keep an eye on the ads for rock-bottom prices on school essentials. In the weeks leading up to the start of school, it’s your time to save big.Take advantage of price matchingA traditional frugal shopper will tell you not to settle for anything but the lowest price. If you have to make six lists and drive all over town, being a penny pincher costs dearly in time. Instead, compare those weekly ads and save yourself some time by taking advantage of price matching. Staples, for example, offers a 110 Percent Lowest Price Guarantee, meaning all you have to do is show proof of a competitor’s lower price, and Staples will not only match it, they tack on another 10 percent off. If you are interested in learning more, visit www.staples.com/backtoschool.Stock up If you find some unbeatable deals, stock up for next year. And don’t overlook this opportunity to replenish your home with art supplies to keep your child’s creative flow moving along. Either way, if Junior springs a due-the-next-day project on you, you’ll won’t have to go the store on an already busy weeknight. A great resource to stock up is the Less List for School offered by Staples, which features season-low prices on the essentials, such as pencils, composition books, notebooks, crayons, batteries, glue and more.Don’t forget the thrift storeMake more room in your budget by looking at secondhand options for big ticket clothing items like shoes, coats and jackets. Choose the basics in solid colors for a timeless look. Sometimes, you’ll find a like-new, high-quality item hiding in the rack, and at a fraction of the price.At this level of spending, it’s smart to capture savings where you can. Even if you save 10 percent across the board, it’s worth it because you’re still going home with a handful of $10 bills in your pocket. You have entered an incorrect email address! Please enter your email address here TAGSback-to-school Previous articlePaintball Markers RecalledNext articleSummer Olympics Medal Count Update – Day 7 Denise Connell RELATED ARTICLESMORE FROM AUTHOR Save my name, email, and website in this browser for the next time I comment. The Anatomy of Fear Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Support conservation and fish with NEW Florida specialty license plate LEAVE A REPLY Cancel reply Share on Facebook Tweet on Twitterlast_img read more

Cancer Research UK to hold contactless collections on World Cancer Day

first_imgCancer Research UK to hold contactless collections on World Cancer Day Fundraising locationsDo you want to see the contactless donations in action? Or to try it out by donating?Here is the list of locations:–          London Bridge x 2–          Canary Wharf station–          Oxford Circus station–          Paddington station–          Waterloo station–          Liverpool Street station–          Glasgow city centre–          York train station–          Towcester Racecourse–          Liverpool Lime Street–          Leeds train station–          Westfield (White City)  221 total views,  5 views today World Cancer DayWorld Cancer Day, on 4 February 2016, will see a partnership of Cancer Research UK, Breast Cancer Care, Anthony Nolan and the Movember Foundation, to invite the public to support efforts to fight cancer. The fundraising activities include the sale of Unity bands with a suggested donation of £2. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Cancer Research UK Community fundraising contactless Digital [youtube]https://www.youtube.com/watch?v=kk_GgW6SH_I[/youtube]center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis68  222 total views,  6 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis68 Howard Lake | 3 February 2016 | News Cancer Research UK will mark World Cancer Day on 4 February by holding fundraising collections using contactless donation terminals in 16 locations.The public will be able to donate £2 via the readers simply by tapping their contactless card. The collections, run by volunteers, will take place across London, Glasgow, Liverpool and Leeds. The charity, which last year tested contactless donations on some of its charity shop windows, says that it is the first to trial contactless donation technology on this scale.Ed Aspel, executive director of fundraising and marketing at Cancer Research UK said that, with the increasing use of contactless payments, “this seems a natural next step”. He added:“We’ve been at the forefront of contactless giving in the third sector, having launched a small scale pilot in four of our shop windows last year.  But this activity takes it to a new level, will ensure we stay relevant, and make it as easy as possible for people to donate in a way that suits them.  It really is as simple as popping some spare change in a collection tin and all money raised will go towards our life-saving research to beat cancer sooner.”Research UK has been working alongside other charities and in conjunction with UK Cards Association, Payter, Creditcall and Elavon, to ensure that the trial is successful. The charity has committed to sharing the lessons it learns so that the sector as a whole will benefit. Advertisementlast_img read more

Bill would sacrifice online freedom for sake of security

first_img Help by sharing this information “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Follow the news on France News FranceEurope – Central Asia Use the Digital Services Act to make democracy prevail over platform interests, RSF tells EU September 17, 2010 – Updated on January 20, 2016 Bill would sacrifice online freedom for sake of security May 10, 2021 Find out more June 2, 2021 Find out more News Newscenter_img Receive email alerts June 4, 2021 Find out more to go further Organisation RSF denounces Total’s retaliation against Le Monde for Myanmar story FranceEurope – Central Asia News Reporters Without Borders is very concerned about the negative impact that a national security bill known as LOPPSI 2 could have on online free expression. The version of the bill that was passed by the Senate on first reading on 10 September envisages an ineffective and dangerous online filtering system that could jeopardise the work of journalists and bloggers.Ineffective and dangerous filteringUnder the Senate-amended version of article 4 (on combating online porn and paedophile content), a government department called the Central Office for Combating Crime Related to Information and Communication Technology would be able to order Internet service providers and website hosts to filter websites without referring to a court.Under the version of the bill adopted by the National Assembly (the lower house) on first reading in February, only a judge would be able to order website filtering. That was in line with a Constitutional Council ruling that Internet access must be regarded as fundamental freedom. But the Senate’s legal commission decided that only notification by an administrative authority was necessary and the article’s amendment was passed in an open session of the Senate on 8 September.The effectiveness of online filtering has been disputed by many studies including one released by the French Federation of Telecom and Electronic Communications Companies in July 2009 entitled “Study of the Impact of Blocking Paedophile and Porn Sites.” Filtering mechanisms will not be able to prevent their circumvention by offenders, will not eliminate offending content from the Internet and will have no impact on the source of the problem. And furthermore, they tend to filter out innocent content as well, such as the websites of child protection groups or sites that defend minors who have been the victims of sexual abuse.At the same time, the financial and technical costs (including the risks of over-blocking and a loss of connection speed) are high. Attempts to set up online filtering systems in other countries have also shown that they are expensive and ineffective. During tests lasting several months in Australia, thousands of websites that had nothing to do with paedophilia were blocked. Germany finally abandoned a similar project after no more than 100 really paedophile and pornographic sites were identified out of a blacklist of 8,000 websites compiled by a government agency.Reporters Without Borders deplores the Senate’s decision to dispense with referral to a judge and urges the National Assembly to reinstate it when the bill goes back for its second reading. It is essential that a judge should decide whether a website is illegal, just as it would be if a newspaper or magazine were involved. Automatic and systematic filtering by keywords that are secretly chosen by a government agency without any possible prior recourse would inevitably lend itself to abuses and could be regarded as censorship.There is also a danger that, once a filtering system has been put in place, it could be used to target not only porn and paedophilia but also other questionable online activities such as gambling. And once the psychological threshold has been crossed, it could be extended to piracy, counterfeiting, defamation and even insulting the president. Filtering could end up being regarded as normal, and that would be wrong. The withdrawal of content at source by website hosts is a much more targeted and appropriate way to tackle online porn and paedophilia.Use of spyware and combating identity theftThere are two other disturbing articles in this bill. One is article 23, which would allow the police, when they suspect criminal activity, to use remotely-introduced spyware under an investigating judge’s supervision to obtain information from computers without the knowledge of those targeted (see the release of 27 July 2009). If criminal activity of an unsuspected kind is discovered, the information obtained can still be used to bring a prosecution.Journalists would be protected from of this kind of spyware by the law on the secrecy of journalists’ sources but bloggers and amateurs journalists would not.Article 2, making identify theft online punishable by a year in prison and a fine of 15,000 euros, is the other problem. Its provisions are very broad and pose a serious threat to the widespread use of pseudonyms (because of the danger of being prosecuted for using another person’s pseudonym), to the use of false-identities and to the creation of profiles aimed as caricaturing or satirising well-known people.Reporters Without Borders is disturbed by the current tendency of democratic states to step up online surveillance and controls. France’s DADVSI, HADOPI and LOPPSI laws and their British and Spanish equivalents reflect a growing mistrust that could pose a serious threat to freedom of expression and information.The Senate adopted the LOPPSI 2 bill by 179 to 153 votes on 10 September after considering a total of 406 proposed amendments to the 40 articles of the version that was approved by the National Assembly in February. It is not yet known when it will go back to the National Assembly for its second reading. RSF_en last_img read more

COVID-19 Widening the Housing Gap

first_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer.  Print This Post COVID-19 Widening the Housing Gap June 2, 2020 1,264 Views Previous: ‘Far Too Early’ to Know Impact of GSE Framework Next: Florida Governor Extends Foreclosure Moratorium Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Tagged with: Affordability HOUSING Subscribe Affordability HOUSING 2020-06-02 Seth Welborn The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articlescenter_img About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Inequality in the housing market is likely to be amplified following the COVID-19 crisis, according to a study from the Urban Institute. Researchers indicated that prices for low-priced homes have appreciated faster than higher-priced homes.As low-price home prices rise, would-be homebuyers with low incomes have trouble finding affordable homes, so they remain in the rental market, drive up rents, and increase the demand for and price of rental properties, Urban notes. As a result, the cost for both owning and renting has gone up substantially for low-income households, while their income growth has not kept pace with that of high-income households.“A closer look at 285 metropolitan statistical areas (MSAs) suggests that rapid employment growth combined with increased supply constraints from zoning and other regulations contributed to this disproportionate price growth for low-price homes,” said Urban researchers. “If left unaddressed, these same supply constraints will hamper the ability of low-income households to prosper as we emerge from the crisis and will exacerbate income inequality.”Despite labor market upheaval, home prices have remained relatively steady throughout the COVID-19 pandemic. Even with rising unemployment, many lenders have tightened credit to avoid taking greater risks that may further strain their financial capacity.Additionally, a greater share of low-income homeowners and renters are working in industries that are more vulnerable to the COVID-19 shock. Therefore, low-income homeowners may struggle more to sustain homeownership once the forbearance period is over, and many low-income renters are likely to lose the financial ability to become homeowners. At the same time, the home price trajectory is unlikely to change, as all households, both owners and renters, need a place to live.According to Urban, if the supply constraints that existed before the pandemic remain unaddressed, both low-price home and rental prices will continue to increase faster than prices for high-price homes, widening residual income inequality between low- and high-income homeowner and renter households. This could also hurt the ability of low-income households to build financial strength and could make them more vulnerable to future economic shocks. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Investment, News Home / Daily Dose / COVID-19 Widening the Housing Gap Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days agolast_img read more

Storm Desmond moves on but many routes in Donegal remain closed today

first_img WhatsApp Facebook Facebook 365 additional cases of Covid-19 in Republic Man arrested on suspicion of drugs and criminal property offences in Derry Google+ By admin – December 6, 2015 Gardai continue to investigate Kilmacrennan fire Met Eireann has lifted five weather warnings as Storm Desmond moves eastwards across the Irish Sea however many parts of Donegal remain severely flooded and some homes are still without power, 11 in the Milford area.The storm wreaked havoc dumping in the region of 100 millimetres of rain along the north west, west and south of the country.Many of the main routes in and to Donegal remain closed today including the N15 at Castlefin, bridge at Lifford/Strabane and bridge at Clady.There are also unconfirmed reports of road closures at Aughnacloy.The Carrigart/ Creeslough Road, The Dore/ Brinlack Road at Bunbeg are now passable.Anyone planning a journey today should check that their routes are clear and only embark on journeys that are absolutely necessary.In the event of an out of hours emergency the Council’s Road Service can be contacted on 074 91 72288. Pinterest Google+ Twittercenter_img 75 positive cases of Covid confirmed in North Twitter Previous articleShaun Stewart takes 2nd in Dorest Ultra Distance RaceNext articleLetterkenny beat Swilly to go top of the Ulster Senior League admin Storm Desmond moves on but many routes in Donegal remain closed today Homepage BannerNews Pinterest WhatsApp Further drop in people receiving PUP in Donegal Main Evening News, Sport and Obituaries Tuesday May 25th RELATED ARTICLESMORE FROM AUTHORlast_img read more