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When interest rates to go back to normal many more distressed sellers?
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Of course we can!
It's human nature.
Too true, just life is too short to worry about what hole Sibley likes. :rotfl:Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
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debtistheft wrote: »Sibley makes my skin crawl. I bet its the brown one.
Eitherway it doesn't make any difference to his ability (or lack of) when it comes to debates around many issues.
I do disagree with Sibley pretty much on everything in such debates and I wouldn't want to live my life the way he does, but if he is happy with the choices he has made then what does it matter?Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
interest rates are 'normal'
24 (or however many) months in a row show to me 0.5% is very normal at the current time, why should rates ever rise. the banks are making good profits.0 -
whatyadoinsucka wrote: »interest rates are 'normal'
24 (or however many) months in a row show to me 0.5% is very normal at the current time, why should rates ever rise. the banks are making good profits.
I do believe this is the biggest problem, many are starting to see the current situation as normal.
I do believe long term 0.5% can't be sustained.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
I do believe this is the biggest problem, many are starting to see the current situation as normal.
I do believe long term 0.5% can't be sustained.
i know they are not sustainable long term. but they are 'normal' rates, as per the definition of normal in a mathematical sense
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nor·mal
/ˈnɔrməl/
Show Spelled[nawr-muh
l]
Show IPA
–adjective 1. conforming to the standard or the common type; usual; not abnormal; regular; natural.
2. serving to establish a standard.
5.
Mathematics . a. being at right angles, as a line; perpendicular.
b. of the nature of or pertaining to a mathematical normal.
c. (of an orthogonal system of real functions) defined so that the integral of the square of the absolute value of any function is 1.
d. (of a topological space) having the property that corresponding to every pair of disjoint closed sets are two disjoint open sets, each containing one of the closed sets.
e. (of a subgroup) having the property that the same set of elements results when all the elements of the subgroup are operated on consistently on the left and consistently on the right by any element of the group; invariant.
7.
the average or mean: Production may fall below normal.
8. the standard or type.
9. Mathematics . a. a perpendicular line or plane, especially one perpendicular to a tangent line of a curve, or a tangent plane of a surface, at the point of contact.
b. the portion of this perpendicular line included between its point of contact with the curve and the x- axis.0 -
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Rates 'must rise' to avoid inflation spiralNews: The Bank of England must start to raise interest rates this year to avoid the spectre of an inflationary spiral, the OECD said today...0
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Rates will rise and those farsighted people who rent and invest will be well off when interest rates rise.0
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whatyadoinsucka wrote: »interest rates are 'normal'
24 (or however many) months in a row show to me 0.5% is very normal at the current time, why should rates ever rise. the banks are making good profits.
You obviously have no grasp of basic economics then.0
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