London Fletcher expects to keep sharing time with Nick Barnett
Rising rates increase the risk of falling land values as home-buying becomes more expensive. In cities like London, where theres a scarcity of development land, values are more sensitive to economic changes, Michaelides said. Land scarcity makes the response to fundamental shocks a lot more volatile, Michaelides said in an interview. It is a risk that the Bank of England should be taking into account when they make their policies. Prices for luxury homes have soared in recent years as the debt crisis in the euro region and uprisings across North Africa made London property a haven for international investors. Prime London residences have risen more than 60 percent from their low in 2009, according to broker Knight Frank LLP. Political Pledges With rising prices across the U.K. putting home ownership beyond the reach of young Britons, political parties are pledging to ease planning curbs and build more homes. The opposition Labour Party said this week it would allow local authorities to charge developers that dont build on land that has received building approval. Chancellor of the Exchequer George Osborne has been promoting home ownership by assisting buyers and making mortgages easier to obtain as he seeks to revive the U.K. economy. Despite those efforts, approvals to build new homes in London fell about 15 percent in the first half from a year earlier, according to data compiled by researcher Glenigan for the Home Builders Federation. Wider Margins Homebuilders were the main beneficiaries of the fall in land prices that followed the financial crisis as they boosted profit margins by developing plots acquired at a discount.
We dont want to overwork him, especially with the offenses we go against nowadays with the hurry-up and the no-huddle, Shanahan said. Id like to give him a few more plays off, not to just wear him down. Thats what happened yesterday. I think he got a few in the second half. I was hoping that Nick would get a few in the first half, but were trying to keep London at 100 percent and we dont want to set him back at all. Fletcher, who the week before had struggled to shed blocks and recorded only one solo tackle and one assist while playing all 72 defensive snaps most of them no-huddle, said that he should have taken himself out of a portion of each of the first two games. He said being a guy that wants to learn from his mistakes, he willingly made way for Barnett. He added, It may be like that the rest of the season. Fletcher said, I wanted to play 100 percent, 100 miles an hour the whole ballgame and its tough to do that if youre going to play 100 percent of the snaps also. Just being smart about it, knowing, hey, Ive got a veteran guy here whos been a starter, Nick got some reps in practice so he felt comfortable in the scheme, felt comfortable with what we were doing against Detroit so it made sense to give him some playing time and I felt fresher. Fletcher, who on Sunday had eight tackles and a sack, continued, I understand that Im not 24, either. Even young guys, whether youre how old you are if you want to be 100 percent, 100 miles an hour to the football, youre not going to be able to go that mind-set 60 minutes. Its impossible to do it. I wanted to be able to run to the football better and do a lot more things than I was able to do in the first two ball games, so if that means Ive got to give Nick a few snaps, it helps me, helps us. Basically, helps us win a ball game.