We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bring back !!!!!!?, brit1234 and others

13567

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    !!!!!!? wrote: »
    Thanks, Chucky.

    How many other sock puppets do you have your arms up? Wintersunshine?
    Has the purchase gone through yet :beer:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    >and others that make this forum so interesting?<

    Not been posting much myself. Apologies.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ess0two wrote: »
    Its interesting you post 'knowledge ran off'............

    We all know how s hit it is out there,just some seem to revel in it on here,and mount their soapboxes to give sermon.

    As for house prices we'll all benefit in the end.


    I suppose one persons lost job is another persons cheaper house :confused:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    Snooze wrote: »
    !!!!!!?, brit1234 and others, where are you?

    Is anyone else missing the daily dose of news posts/links from !!!!!!? and others that make this forum so interesting? It's been dead for over a week now and it's just full of poor quality threads and bickering. The house price/recession discussion has all but ended on here and it's about as dull as watching grass grow.

    !!!!!!? can you get back to doing what you do best please and that is posting your daily half a dozen or so to various recession/economy related news pieces so that a) we have something on topic to discuss and b) don't have to go searching for them ourselves??

    And where has brit1234 gone? I went out specially and bought myself an 82" wide screen monitor so that his writing would fit on my screen but it's going to waste here. :confused:

    Rob

    The group has expanded quite a bit since it got renamed - a good thing IMO as it's no longer dominated by a few people.

    Plus, there's not a lot more to actually argue about. Housing has crashed and looks set to continue and the economy is in tatters. No point lecturing about what has already happened - I was much more motivated to post to warn that it would happen.


    Still, here's a good link warning of the consequences of the dumb policies now being pursued with the stated goal of 'saving' the economy:

    http://www.telegraph.co.uk/finance/comment/liamhalligan/4547805/Our-economy-is-being-held-to-ransom-by-deflation-fear.html
    Our currency has lost a third of its value in twelve months – pushing up import prices. But inflation isn't a problem. Inflation is yesterday's news.
    Politicians and commentators, instead, warn of deflation around every corner. I don't deny deflation is bad. Falling prices warp incentives, increase real debts and – if expected to continue – hammer retail spending. Such problems plunged Japan into a decade-long recession in the 1990s.
    But UK policymakers evoke the spectre of deflation not because it's an immediate danger; it's instead been conjured up as an excuse – so ministers can yank monetary policy back from the Bank and throw fiscal caution to the wind, using fear to trump objections based on common sense and economic lessons hard-won over many decades.

    ..
    I accept we'll see further falls in headline inflation over the coming months – as the economy contracts and pay claims moderate. But that amounts to a slowing of the rate at which prices rise – not a fall in price levels overall.
    "Base effects" will also kick-in – with oil prices lower this year than during 2008. But such effects are temporary and quickly reversed. Even before that, they'll be offset by a host of other factors that will push inflation up.

    ..
    Peer into the data and it's clear the lower inflation numbers are being largely driven not so much by what's happening in the UK economy, but by temporarily lower energy costs and – crucially – the Government's one-off 2.5pc cut in VAT.
    Since the December CPI number was released, the Office for National Statistics has issued figures for CPI at constant tax rates. Adjusted for lower VAT, inflation rose in December – from 3.9pc to 4.1pc.
    The reality is that the price-dampening impact of the slowdown will soon be overwhelmed by huge inflationary pressures generated by the grotesque policy errors now being made in our name.
    Since the middle of 2007, the Monetary Policy Committee has lowered rates from 5.75pc to 1pc – with most of that reduction coming over the last twelve months. Rate cuts generally take 12 to 18 months to "sink-in". In last week's statement, even the cowed MPC admitted that "past cuts in the Bank rate would, in due course, have a significant impact" – pointing to a "volatile" path for inflation.


    We're headed into uncertain times. Normally I'd feel happy enough sitting on a decent amount of savings but what is unfolding and the way in which governments are responding to it makes me very, very uneasy.
    --
    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.
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    carolt wrote: »
    Hiya !!!!!!. We were just discussing that on another thread, actually.

    I just hit the jackpot - DD has put me on ignore, meaning he can't be seen to respond to any of my posts.

    It's lovely. I recommend it.


    Don't celebrate too soon - plenty of sock puppets around.
    --
    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.
  • bring back walnut whips, bubbly bubble gum, black jacks & cremola foam
  • WTF?_2
    WTF?_2 Posts: 4,592 Forumite
    ad9898 wrote: »
    Totally disagree, everybody as an angle on the market/economy, the posters mentioned have made large contributions to the board, whether you agree with them or not.

    I see you have contributed 25 posts in 7 months. Well done.:D

    You've got to add all the 'Chucky' posts to that though, if he hasn't deleted them already that is?

    Do deleted posts still add to posting count?
    --
    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.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    As far as the missing posters are concerned - apart from the 'newbie trolls', I think everyone (even my nemesis !!!!!!?) has a place in here and a contribution to make. The forums are a worse place if decent people are chased off by the 'newbies' (by 'newbies', I mean the troll ones who have single digit posts and simply post abuse. As seen already on this thread - not genuine new posters).

    Hi DD, your sock puppets are easily the best, masterful , put the rest to shame:beer:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ wrote: »
    Hi DD, your sock puppets are easily the best, masterful , put the rest to shame:beer:
    Which ones are those Stevie?

    I was accused by !!!!!!? of being chuckie, until I pointed out that I would have had to go back in time to create him (chuckie joined about a year or so before I did). I have also been accused of being really (and really1 and really2), you and many other people who were once newbies and are now regulars.

    It seems that when we were in the little sub-board, I was the only one who dared speak out against !!!!!!? and his domination of the forum, so when newbies who had the same views as me appeared, they were all accused by !!!!!!? of being my alternate logons. The ego of the man stopped his mind from believing that, yes, other people other than myself do think he's a prat.

    I still maintain that as I have my DD ANONYMOUS username, I don't require another ANONYMOUS username to disguise my original ANONYMOUS username. I leave that to the sad characters like carolt, who I notice has dragged our little tiff onto another thread, perhaps seeking help from her pal, !!!!!!?

    Anyway, welcome back !!!!!!, we erm missed you. :rotfl:
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Which ones are those Stevie?

    My fav was that women with two BTL's (I think it was in Brighton) asking for advice, had them all going that one :rotfl:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.