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Debate House Prices
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Mortgage Rationing = Two Tier Society
Comments
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HAMISH_MCTAVISH wrote: »Don't know..... Lots of possibilities though.
"Schools" could include Universities.... Students in bedsits do seem to be over-represented on hpc. Could also be a lot of low paid teachers or janitor types.
But the fact is Alexa does report browsing from School is a big thing for hpc.:D
I understand that schools are encouraging more financial awareness and creating projects for the kids to work on and understand the world they will enter as an adult.
Could it be possible that this is a project they are working on?
http://www.rbsmoneysense.co.uk/rbs/schools.aspOur relationship with money begins before we've left school. By working in partnership with teachers, we've created an interactive programme for schools, which shows how good money management skills help in everyday life.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Mortgage rates for those who have the 25-40% are coming down and once the market stabilises, the rates for those who have say a 10% will come as well. It is just a matter of time.
Look at HSBC's deal, they are getting more competitive at the months go.
Personal loans are also coming down, Sainsbury's are offering personal loans at 7.9%, plus there are mant others offering loans under 8%
Oh there is no doubt bank margins will reduce as competition returns to the market. But they are unlikely to reduce to pre-crash levels.
The gap between pre and post crash mortgage rates is likely to last a very long time.“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 -
HAMISH_MCTAVISH wrote: »Don't know..... Lots of possibilities though.
"Schools" could include Universities.... Students in bedsits do seem to be over-represented on hpc. Could also be a lot of low paid teachers or janitor types.
But the fact is Alexa does report browsing from School is a big thing for hpc.:D
Hamish,
You got banned from there.
Get over it.
This obsession of yours is wearisome."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Spartacus_Mills wrote: »Hamish,
You got banned from there.
Get over it.
This obsession of yours is wearisome.
Why? was he too old
'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 Thatcher0 -
HAMISH_MCTAVISH wrote: »
Welcome to the world the bears wished for.....:cool:
Yep, I've been on about this for a year now and no ones been listening.
On top of larger deposit culture we also have several million people now frozen out as they do not fit the classic cautious lending model.
These aren't all high risk !!!!less (iM TRYING TO WRITE THE INOCUOUS WORD FEKKLESS BUT THE SYSTEM WONT ALLOW!) people, oh no, I'm talking about the multitude with non standard situations such as agency workers, fixed term contractors, those with more than one income and many other categories.
This will increase the wealth divide as never before.
Well done Vince Cable with all those calls for sensible old fashioned lending.
Less than 1% get repossessed but in their zeal the FSA have now frozen out millions of people that wont get a chance to be in the 99% that DO NOT GET REPOSSESSED.0 -
“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 -
"There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
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Yep, I've been on about this for a year now and no ones been listening.
On top of larger deposit culture we also have several million people now frozen out as they do not fit the classic cautious lending model.
These aren't all high risk !!!!less (iM TRYING TO WRITE THE INOCUOUS WORD FEKKLESS BUT THE SYSTEM WONT ALLOW!) people, oh no, I'm talking about the multitude with non standard situations such as agency workers, fixed term contractors, those with more than one income and many other categories.
This will increase the wealth divide as never before.
Well done Vince Cable with all those calls for sensible old fashioned lending.
Less than 1% get repossessed but in their zeal the FSA have now frozen out millions of people that wont get a chance to be in the 99% that DO NOT GET REPOSSESSED.
So why not ask those all on low cost life time trackers (1.5% and less above base) to give them up? To accept a flat 2% above base instead.
Then lending rates for all would be fairer and more equitable. The variations in lending rates could be cut overnight.
Rather than the new generation of borrowers subsiding those who borrowed pre crash, which merely effects a wealth transfer.
Or is that against your morals and self interest?
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Easy fix.
Just repossess the properties of people who cant pay for them. Market will sort the rest out.0
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