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!

All Part of the Bigger Picture

And some more stuff, this time on pensions being cut.

http://news.bbc.co.uk/1/hi/business/8080781.stm

Perhaps rather than focussing on one months BOE decision, CML report, or Haliwide figures it would be useful to take a step away from the estate agent window and consider how soon the economy, employment and eventually house prices can sensibly get back to boom times?

I know we have had a couple of months of a stockmarket hand relief rally, and a few punters have bought cars and houses - but this does not feel like the start of anything sustainable - more a [STRIKE]fools[/STRIKE]
false dawn.

So what should an MSE tip be at the moment? Mine would be - be wary of large or long term commitments.

Comments

  • nearlynew
    nearlynew Posts: 3,800 Forumite
    mewbie wrote: »
    And some more stuff, this time on pensions being cut.

    http://news.bbc.co.uk/1/hi/business/8080781.stm

    Perhaps rather than focussing on one months BOE decision, CML report, or Haliwide figures it would be useful to take a step away from the estate agent window and consider how soon the economy, employment and eventually house prices can sensibly get back to boom times?

    "sensibly get back to boom times"


    what are you on about?
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • mewbie_2
    mewbie_2 Posts: 6,058
    1,000 Posts Combo Breaker
    Forumite
    nearlynew wrote: »
    "sensibly get back to boom times"


    what are you on about?
    Good point. How about "return to". It was more an error of phrasing rather than sentiment.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Final Salary Scheme Pensions have been being restricted to ne employees since the 90's.
    I too was victim to losing out on a final salary scheme closure.
    While my new scheme is not as good as the final salary scheme, it's still pretty good.
    Putting it simply, it is becoming increasingly difficult for companies to continue paying final salary schemes.

    There's two ways of looking at it
    Woohoo, I still have a final salary scheme, but not sure if my company will be able to service it in the future
    or
    I have a gauranteed pension scheme for the future, but I don't know if it will be worth anything ;)
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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
  • 355.7K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 605.8K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K 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.