Could today's Gas Price increases be the final tipping point for the housing market

WTF?_2

neverdespairgirl wrote: »

Even people like you who can afford to pay it will still be feeling the cost, though, I agree.

All the extra cost-of-living expenses these days mean I save less - and I cut back on other expenditure. Not really a disaster but if all those other people in similar circumstances to me do the same then that's less cash going into the retail economy and the banking deposit system.

However there are plenty up to their necks in debt and on the edge for whom this will be just as bad as an interest rate rise. Or those just plain on a low income who had a hard time balancing the books.

This is the inevitable result of years of policies aimed at keeping interest rates low to stoke growth and the recent policies of bailing the banks out of the consequences of their stupid lending decisions over those years.

We're all paying the costs of this, not just the banks and the borrowers. Plus, one way or another it hits the people trying to service debt and the business sector anyway through a squeeze on disposable income.

There are no easy answers but quite a few people seem to think that low interest rates plus unlimited bailouts for the banks (at the expense of inflation control) is some sort of easy way out. Nuts. It's just a way of spreading the costs to everyone rather than putting the burden directly onto the people who caused the problem.

Dithering_Dad

I looked into using renewables for the same reason as !!!!!!? mentioned - I may have a high disposible income now, but I won't in the future once I pack in this consulting lark.

I was told to take the £50k it would cost to install a GSHP, Solar Water Heaters and solar PIV and invest it in Utilties stocks, using their dividends to supplement my fuel bills.

This means that when I moved house, I wouldn't lose out and in 25 years time, instead of having a load of obsolete technology to replace, I'd have stock that would have increased many times in value.

adr0ck

Dithering_Dad wrote: »

I looked into using renewables for the same reason as !!!!!!? mentioned - I may have a high disposible income now, but I won't in the future once I pack in this consulting lark.

I was told to take the £50k it would cost to install a GSHP, Solar Water Heaters and solar PIV and invest it in Utilties stocks, using their dividends to supplement my fuel bills.

but dithering dad wouldn't you prefer to spend all your free time maintaining these gadgets? :rotfl:

i would love to have to call out the specialist repair man for my GSHP, solar water heaters, wind turbine, my solar PIV etc etc when they break down because i find plumbers (and theres a lot of them) so inexpensive and quick to come round and repair my one boiler i just cannot wait to have four or five specialist pieces of equipment in the home for them to breakdown so that i can call out all these specialist repair men from halfway across the country - as it will be so cheap

neverdespairgirl

kennyboy66 wrote: »

With respect, I doubt if you have ever had to light a coal fire / stove.
Coal is not a cheap alternative - however most people would be put off by actually having to light it & clean up, so they could save some money there.

Wood would be great if I had a small coppice wood of my own.

Personally, I've lit a lot. My parents' house in Kent couldn't have central heating (it dries out Tudor oak beams) and there were 2 large wood and coke burning stoves downstairs. So I've done my fair share of lugging ashes and logs around!

When icicles hang by the wall
And !!!!!! the shepherd blows his nail,
And Tom bears logs into the hall,
And milk comes frozen home in pail;

When blood is nipt and ways be foul,
Then nightly sings the staring owl
Tuwhoo! Tuwhit! Tuwhoo! A merry note!
While greasy Joan doth keel the pot.

When all aloud the wind doth blow,
And coughing drowns the parson's saw,
And birds sit brooding in the snow,
And Marian's nose looks red and raw;

When roasted crabs hiss in the bowl
Then nightly sings the staring owl
Tuwhoo! Tuwhit! Tuwhoo! A merry note!
While greasy Joan doth keel the pot.

Gorgeous_George

More price hikes.

Yikes

GG