Debate House Prices


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Student loans negative interest, pay cuts, pensions & savings gains!

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  • Austin_Allegro
    Austin_Allegro Posts: 1,462 Forumite
    1,000 Posts Combo Breaker
    O'Brien held up his left hand, its back towards Winston, with the thumb hidden and the four fingers extended.

    "How many fingers am I holding up, Winston?"

    "Four."

    "And if the Party says that it is not four but five - then how many?"

    "Four."

    "How many fingers, Winston?"

    "Five! Five! Five!"

    "No, Winston, that is no use. You are lying. You still think there are four.

    How many fingers, please?"

    "Four! Five! Four! Anything you like. Only stop it, stop the pain!"
    'Never keep up with Joneses. Drag them down to your level. It's cheaper.' Quentin Crisp
  • michaels
    michaels Posts: 29,129 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    If it looks like a duck and quacks like a duck...stagflation
    I think....
  • neas
    neas Posts: 3,801 Forumite
    Only good news is either this month or next month next years student loan interest rates are set... so we wont be paying any interest on the 10k+ student loans we all got ;P
  • neas
    neas Posts: 3,801 Forumite
    anyone a bit miffed its exactly 0%... not -0.0001% or 0.0001%?
  • michaels
    michaels Posts: 29,129 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Typically unbiased bbc has trailled deflation all morning and is still headlining price pressures ease despite month on month cpi of 0.9% and increase in cpi from 3 to 3.2. I am sure when cpi originally went over 3 requiring gov'nors letter that was the big deal not what the rpi was doing...

    I see the stock market has approved of the figures, haven't checked but I suspect the longer bonds will all be down - time to lock in those 5 and 10 year mortgage fixes methinks!

    Edit16:00 - change of tune now - I guess they were a bit left field of every other commentator
    I think....
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The thing is housing and oil costs can't reduce much more, where are the next counter inflationary pressures coming from :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
  • savemoney
    savemoney Posts: 18,125 Forumite
    Part of the Furniture 10,000 Posts
    Perhaps not be fuel costs dont seem to be going down in a hurry
    StevieJ wrote: »
    The thing is housing and oil costs can't reduce much more, where are the next counter inflationary pressures coming from :confused:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    The thing is housing and oil costs can't reduce much more, where are the next counter inflationary pressures coming from :confused:

    Falling wages?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    Falling wages?

    Now that would be inbuilt deflation :eek:
    '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
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Now that would be inbuilt deflation :eek:

    Those guys losing their jobs in The City won't be getting new jobs at the same wage, take it from one who knows!
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