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Debate House Prices
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Reposessions fall to two year low, mortgage arrears also decreasing
Comments
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Thrugelmir wrote: »Why? Whats changed.
Everything.
The Fiscal policy lever is pulled right back, the monetary policy lever will need to remain wide open to maintain growth.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
pHAMISH_MCTAVISH wrote: »Everything.
The Fiscal policy lever is pulled right back, the monetary policy lever will need to remain wide open to maintain growth.
o mctavish you do:rotfl: protest to much0 -
HAMISH_MCTAVISH wrote: »Everything.
The Fiscal policy lever is pulled right back, the monetary policy lever will need to remain wide open to maintain growth.
Whether inflation falls back or not will determine if rates rise or remain the same.0 -
Pound strengthening, fiscal stimulus being withdrawn, benefits reduced, large cuts to public sector.
Which one of these things do you think is likely to increase CPI?
Answers on a postcard please.....
Or are you just being deliberately obtuse......
And while we're on this topic, remind me again how many of your snide little negative remarks from the sidelines have turned out to be remotely accurate with regards to the ongoing housing and economic recovery over the last 18 months or so........“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Thrugelmir wrote: »Whether inflation falls back or not will determine if rates rise or remain the same.
Two things happened with the budget, people will have less money to spend and the pound increased in value. Both point to lower inflation and the need to keep interest rates low.0 -
Two things happened with the budget, people will have less money to spend and the pound increased in value. Both point to lower inflation and the need to keep interest rates low.
The pound is a short term thing which all currencies do after similar actions.
By the way has any one thought about the effect on inflation with the chinese currency being unpegged against the dollar? Look at where most goods are made and there is a big source of inflation.
Then look at the risk of fuel and food inflation.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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The pound is a short term thing which all currencies do after similar actions.
By the way has any one thought about the effect on inflation with the chinese currency being unpegged against the dollar? Look at where most goods are made and there is a big source of inflation.
Then look at the risk of fuel and food inflation.
Chinese currency is still effectivley pegged, they will leave a little room for appreciation against the dollar. US prices are curently deflating so this is seem as a good thing. Oil prices are not far off what they where a year ago, food price inflation is low.
The biggest risk at the moment is deflation not inflation.0 -
HAMISH_MCTAVISH wrote: »Or are you just being deliberately obtuse......
And while we're on this topic, remind me again how many of your snide little negative remarks from the sidelines have turned out to be remotely accurate with regards to the ongoing housing and economic recovery over the last 18 months or so........
Jury's still out as far as I am concerned. Rather than have a totally fixed view bordering on obsessional behaviour disorder. I do change my views as events unfold and the real facts are known.
I don't get into personal slanging matches either. As there are more important matters in life. Though I do find peoples comments do show the real character behind the facade.
Keep on drinking your beers :beer: and preaching your property gospel.0 -
Two things happened with the budget, people will have less money to spend and the pound increased in value. Both point to lower inflation and the need to keep interest rates low.
Next months BOE minutes for the July meeting will give a far better indication. As the effects of the budget are factored in to forecasts.0 -
lol - i hadn't realised that interest rates were the only tool available to the BoE to combat inflation0
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