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Debate House Prices
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BOE Rates hit 1.5%
Comments
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Actually Chucky, I have you on ignore and don't slag people off personally because it was ending up in tedious flame wars (wrecking the group too) and I came here to talk about house prices and the economy.
However, there's no rule that says I always have to stick to that and having seen Carol's reply I thought I might indulge myself and point out a few obvious flaws in your attempt to inform the world about how clever you are.....
Your desired image as successful property investor doesn't really tag up with the posts you made about your Polaris World misadventure here on MSE (long since deleted by you, of course).
Just one of quite a few things that don't add up about you. I'm starting to believe that you actually might just be sad, mad Bruno as a few people have (half jokingly?) remarked from time to time.
i am on ignore but you read my posts and even get personal and be about other users when I have directed nothing towards you :rotfl:
i hadn't realised that you were my accountant and new all of my finances - sorry my mistake, you know everything. because being the self-proclaimed King of Forum obviously allows you to get involved in spats that have nothing to do with you
get on with the single and lonely life !!!!!!, there's much more to say but it's all been said - you know so much about me, i'm getting worried but at least i know you are getting sadder each day :T
please don't start arguments when they have nothing to do with you - it's pathetic and you're ruining the thread.0 -
So, who's everyone's favourite Beatle? I think I'd go with George Harrison you know.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0
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I know there are always heated discussions on this board, but can we please TRY to keep it from turning into a slanging match?
Pretty please, with a cherry on top.
Thank you
very true - this thread is getting quite personal due to !!!!!! and is going seriously off topic only because this cut in interest rates is damaging his savings.0 -
LOL!
My savings are nicely undamaged (so far). Low interest rates aren't in the least damaging to savings - they're not too good for interest earned though.
Banks going bust on the other hand ..... or rampant inflation......--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
LOL!
My savings are nicely undamaged (so far). Low interest rates aren't in the least damaging to savings - they're not too good for interest earned though.
Banks going bust on the other hand ..... or rampant inflation......
so this thread doesn't degenerate - let's stop silly bickering please.
there is no point and just spoils the forum.0 -
so 1% interest rates next month
followed by 0.5% in March
and then 0% in April
Therefore i predict that the BOE will start printing lots of money in May
anyone any thoughts?0 -
If you cant understand how lower interest rates help UK business it is not worth wasting my breath is it.:rolleyes:
I never mentioned business - you did!
Problem for businesses at moment is lack of credit availability and sales. I'd be interested to know how, with the banking system in the mess that it's in, how lowering interest rates helps this?
Clearly the drop from 5% to 2% (prior to today) hasn't done much to help thus far and I don't see how lower interest rates in US & Japan have helped.
Really2, if poss, try to resist patronising me and give the benefit of your obvious wisdom.0 -
speedbird1973 wrote: »The point I was initially trying to make is I (and everyone in 2007) have a HOME. People need to realise they have a roof over their heads and place to call their own. If they bought to make money, well like all investments the value can go up as well as down - no sympathy. You're gambling. You lost, tough.
Investors who bought in 2007, have not lost on their investment unless they sold for a loss
To make an anology....
In the normal term of 25 years for a mortgage, the game is only about 4 minutes in (football anology), there is still loads of time left.
Ok they may be a goal down, but over the remaining time left, I see a comback
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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