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According to the January 2016 CoreLogic RP Data Hedonic Home Value Index results released today, dwelling values across Australias combined capital cities showed a 0. 9 per cent rise in January after recording no change in December and a 1. 5 per cent drop in November. According to CoreLogic RP Data head of research Tim Lawless, this month on month rise wasnt quite enough to pull the rolling quarterly rate of growth back into the black, with capital city dwelling values remaining 0. 6% lower over the past three months. Hobart led the monthly figures with a 4. 7% jump in values, followed by Melbourne where values were 2. 5% higher and Canberra with a 2. 8% lift. Sydney values also showed a rise of 0. 5%, while the remaining four capital cities showed dwelling values to be either flat or down.

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According to the January 2016 CoreLogic RP Data Hedonic Home Value Index results released today, dwelling values across Australias combined capital cities showed a 0. 9 per cent rise in January after recording no change in December and a 1. 5 per cent drop in November. According to CoreLogic RP Data head of research Tim Lawless, this month on month rise wasnt quite enough to pull the rolling quarterly rate of growth back into the black, with capital city dwelling values remaining 0. 6% lower over the past three months. Hobart led the monthly figures with a 4. 7% jump in values, followed by Melbourne where values were 2. 5% higher and Canberra with a 2. 8% lift. Sydney values also showed a rise of 0. 5%, while the remaining four capital cities showed dwelling values to be either flat or down.

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The tire rental business seems an obvious and thinly disguised financing scheme, more so than traditional rent to own businesses. Understanding why tires got structured as a rental rather than a loan may help better understand the consumer decision making process in other high cost loan products, which in turn will lead to better regulation. Maybe if former Credit Slips guest bloggerand University of Houston law professor Jim Hawkins also quoted in the article is listening, he might weigh in with his thoughts in the comments?It is the good old rent to own scam, with this merchandise likely to be found in a public place for ease of repossession, and likely to cause great inconvenience when repossessed. Profit!Not much more analysis required. Surely rental provides a ready cancellation option that is not normally available with a loan?That option must have significant value to consumers under financial stress. Tax arbitrage?With rental you expence the tires in year one but taxable income is the rent paid. With selling on credit you also expence the tires but have to pay taxes on the full sales value of the tires pluss first year interest paid. Could be that there is a sales tax/VAT arbitrage here as well, depending on local rules. Thanks for mentioning this great story Bob!It was interesting talking to the reporter because he explained that the real driver of the situation was the steep increase in the cost of rubber. Rent a tire places have been around for a long time, but they primarily rented/sold high end tires. But because rubber costs priced people out of the market, now dealers are offering standard tires.

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A Chicago resident was driving this 1993 Toyota Corolla down Madison Street on Sept. 14 when he fatally struck Forest Park resident Lovie Sanders. KATIE DREWS/StaffWeb Extra!A 39 year old Forest Park woman was struck and killed by a car in the morning of Sept. 14 while crossing Madison Street, apparently on her way to Starbucks before work. Lovie Sanders, who lived in the 800 block of Ferdinand Avenue according to her driver's license, had parked her car near 7233 Madison Street, about 25 feet west of Elgin Avenue. As Sanders proceeded to cross the street towards Starbucks, she walked in between two east bound cars stopped in traffic. She was not in a pedestrian crosswalk, police said. At the time, "traffic on Madison, due to the morning rush hour, was backed up all the way to Marengo," said Police Chief Jim Ryan. As Sanders was walking in between the cars, Raul Andrade, a 47 year old from Chicago, was driving a 1993 Toyota Corolla east bound in the west bound lane to make a left turn on Elgin Avenue. Sanders, who was a teacher at the University of Illinois at Chicago, was still alive at the scene and "talking and communicating" as she was taken to Loyola University Medical Center in Maywood, Ryan said. She died in the emergency room about an hour later.

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20 and tests for returning students will be held 10 a. m. 4 p. m. Aug. 26 27, all on the South Quad. Rob Stroud is a reporter for the JG TC, covering the city of Mattoon, Lake Land College, Cumberland County and areas including Oakland, Casey and Martinsville. As schools narrow their focus on improving performance on math and reading standardized tests, they have greater difficulty justifying taking students out of the classroom for experiences that are not related to improving those test scores. Schools are either attending fewer field trips or shifting toward field trips to places they know students already enjoy. When testing is over, schools are often inclined to take students on reward field trips to places like amusement parks, bowling alleys, and movie theaters. The nature of culturally enriching field trips is that they are often to places that students dont yet know they might enjoy.