Debate House Prices


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Osborne says that he would allow Bank to do more easing

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Comments

  • des_cartes
    des_cartes Posts: 368 Forumite
    chucky wrote: »
    you've shown you don't know what you're talking about again...

    do you even know what the ERM issue was?

    this link might help you - des_cartes helpline

    Of course I know what the ERM issue was. House prices continued to decline following the ERM withdrawl. If the then Tory government were concerned that falling house prices were damaging to the economy then they could have lowered IR's further after 1993 in order to boost the market. The fact they didn't should give you a clue as to how the current govenment are thinking. Now stop being a silly little poster, grow up and engage in adult debate.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    des_cartes wrote: »
    Of course I know what the ERM issue was. House prices continued to decline following the ERM withdrawl. If the then Tory government were concerned that falling house prices were damaging to the economy then they could have lowered IR's further after 1993 in order to boost the market. The fact they didn't should give you a clue as to how the current govenment are thinking. Now stop being a silly little poster, grow up and engage in adult debate.

    Nominal house prices didn't fall after 1993, try table 507.

    http://www.communities.gov.uk/housing/housingresearch/housingstatistics/housingstatisticsby/housingmarket/livetables/housepricestables/mixadjustedprices/
    '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
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    des_cartes wrote: »
    House prices continued to decline following the ERM withdrawl. .

    False.

    Try again.
    “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”
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    des_cartes wrote: »
    Of course I know what the ERM issue was. House prices continued to decline following the ERM withdrawl. If the then Tory government were concerned that falling house prices were damaging to the economy then they could have lowered IR's further after 1993 in order to boost the market. The fact they didn't should give you a clue as to how the current govenment are thinking. Now stop being a silly little poster, grow up and engage in adult debate.
    lol - is getting your facts completely wrong part of the adult debate or is it part of the HPC ghetto cult's manifesto?

    now try again and get your facts right.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    chucky wrote: »
    lol - is getting your facts completely wrong part of the adult debate or is it part of the HPC ghetto cult's manifesto?

    now try again and get your facts right.

    You tell us...

    https://forums.moneysavingexpert.com/discussion/2783590
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Graham_Devon wrote: »
    You tell us...

    https://forums.moneysavingexpert.com/discussion/2783590
    you're trying very hard at the moment... are your self satisfaction forum points running low... never mind Mr Muddle...

    how about contributing to the thread or is that beyond your low level of intelligence...
  • Heyman_2
    Heyman_2 Posts: 1,819 Forumite
    des_cartes wrote: »
    Of course I know what the ERM issue was. House prices continued to decline following the ERM withdrawl. If the then Tory government were concerned that falling house prices were damaging to the economy then they could have lowered IR's further after 1993 in order to boost the market. The fact they didn't should give you a clue as to how the current govenment are thinking. Now stop being a silly little poster, grow up and engage in adult debate.

    Every single post of yours on this thread has included factually incorrect statements - why don't you try doing some research before you engage in 'adult debate'?
This discussion has been closed.
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