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Debate House Prices


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August Mortgage Lending drops 13%

135

Comments

  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    geoffky wrote: »
    Joe.. the king of the one liner..:T
    Never actually seen him post a view on anything? Up, down, static - seems to have no view at all.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    mewbie wrote: »
    I can 'borrow' at .5%. Strictly speaking, not borrowing of course, but using cash to purchase stuff. It only 'costs' .5%.

    so you can't borrow at 0.5% then. you were making it up :confused:
    mewbie wrote: »
    I realise you lot with your huge debts are paying variable amounts of high interest but there are people with cash you know - real hard lovely cash.

    yep and it's waiting to go into the FTSE once the re-trace happens. can't wait!! :beer:
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    Really2 wrote: »
    I thought you had a mortgage?
    Oh Really - do you believe what you read on here?
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    mewbie wrote: »
    Oh Really - do you believe what you read on here?

    I do when I write it, but that's because I have no reason to lie on here, cant see the point.:confused:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Demanufacture wrote: »
    The debt there, and here is going to crucify us. Our most optimistic projection at this time shows us (the UK) will be paying £60 billion a year in 2017 just to pay the interest on the debt.

    The system is pure ponzi, and there is only way this is going to end.

    So we won't be cutting public expenditure in the meantime :rolleyes:
    '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
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Really2 wrote: »
    I do when I write it, but that's because I have no reason to lie on here, cant see the point.:confused:

    you start to lie when you're a HPCer and automatically get that standard issue 'huge deposit' that is waiting to buy a house :rolleyes:
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Want me (as a HPCer) to prove it? I havent just majicked it, I have been saving since 2006 towards it. 83K the end of this month and counting...
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    mbga9pgf wrote: »
    Want me (as a HPCer) to prove it?

    Yes, I will give you my account number and sort code over in a bit.

    Send it over and I will send it right back after I have counted it.;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Demanufacture wrote: »
    Well hopefully, but it's not going to be enough, that much is obvious. The best position to be in over the coming decades is having the ability to be mobile, to move away from social breakdown and upheaval quickly.

    The West is fubar'd. No use having a nice house and car etc... when someone will just take it from you, with a shotgun.

    Oh no, not one of them :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
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Demanufacture wrote: »
    Check out K. Denninger's new video (youtube it), I'm genuinely interested in a counter to his argument. You seem to disagree with my (his) theory, so what's the counter ?

    Somebody thanked you, they obviously see a solution as well, what is it ?

    I am not interested in Denningers views, or anyone who spouts crap like this:
    when someone will just take it from you, with a shotgun.
    '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
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