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Debate House Prices
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Neutral Base Rate now just 2.5%.... rates to stay low for years....
Comments
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My understanding is that you are right, and that mortgage competition is increasing with spreads lowering. So, it's basically not a news story.“The ideas of debtor and creditor as to what constitutes a good time never coincide.”
― P.G. Wodehouse, Love Among the Chickens0 -
Cannon_Fodder wrote: »Aren't the banks using bigger margins to recapitalise?
No, just covering the bad debts that are being written off. ( and of which there could be be a lot more of in the years ahead).0 -
Thrugelmir wrote: »No, just covering the bad debts that are being written off. ( and of which there could be be a lot more of in the years ahead).
Well- let the future generations worry about that:rolleyes:
Have our own generation not had to pick up the mistakes of those left before us?0 -
Well- let the future generations worry about that:rolleyes:
Have our own generation not had to pick up the mistakes of those left before us?
I certainly don;t itend to carry on the burden of the older and "wiser" generation that, after everything, left us with all this debt and mess and social incohesion.,
They had a responsibility, couldn't do it, couldn't make the world a better place, well hey ho, nor can we:eek:0
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