Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

When interest rates to go back to normal many more distressed sellers?

Options
191012141530

Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    abaxas wrote: »
    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 13/01/2012
  • debtistheft
    debtistheft Posts: 267 Forumite
    Percy1983 wrote: »
    Too true, just life is too short to worry about what hole Sibley likes. :rotfl:

    Sibley makes my skin crawl. I bet its the brown one.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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 13/01/2012
  • 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.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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 13/01/2012
  • Percy1983 wrote: »
    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
    .shd_hdr1 { WIDTH: 100%}.sep_top1 { POSITION: relative}.citesourceseperator { BORDER-BOTTOM: #e4e4e4 1px solid; MARGIN-TOP: 15px; MARGIN-BOTTOM: 7px}.sep_top1 TABLE { MARGIN-TOP: -2px; MARGIN-BOTTOM: -3px}.results_content UL { MARGIN-BOTTOM: -3px}.results_content OL { MARGIN-BOTTOM: -3px}.LImg { FILTER: "progid:DXImageTransform.Microsoft.AlphaImageLoader(src='http://sp1.dictionary.com/en/i/dictionary/AddThis_v2/sprite_icons.png',sizingMethod='crop')"}.Lsentnce { MARGIN-TOP: 14px; DISPLAY: block}.moredef { DISPLAY: none}A.more { MARGIN-TOP: 5px; PADDING-LEFT: 26px; DISPLAY: block; FONT: 10px arial; MARGIN-BOTTOM: 6px; HEIGHT: 18px; COLOR: #4089e0; CURSOR: pointer; TEXT-DECORATION: none; PADDING-TOP: 5px}A.more:hover { MARGIN-TOP: 5px; PADDING-LEFT: 26px; DISPLAY: block; FONT: 10px arial; MARGIN-BOTTOM: 6px; HEIGHT: 18px; COLOR: #4089e0; CURSOR: pointer; TEXT-DECORATION: none; PADDING-TOP: 5px}A.less { MARGIN-TOP: 5px; PADDING-LEFT: 26px; DISPLAY: block; FONT: 10px arial; MARGIN-BOTTOM: 6px; HEIGHT: 18px; COLOR: #4089e0; CURSOR: pointer; TEXT-DECORATION: none; PADDING-TOP: 5px}A.less:hover { MARGIN-TOP: 5px; PADDING-LEFT: 26px; DISPLAY: block; FONT: 10px arial; MARGIN-BOTTOM: 6px; HEIGHT: 18px; COLOR: #4089e0; CURSOR: pointer; TEXT-DECORATION: none; PADDING-TOP: 5px}A.more { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/more.png) no-repeat 0px 0px}A.more:active { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/more.png) no-repeat 0px 0px}A.more:hover { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/more.png) no-repeat 0px 0px}A.more:visited { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/more.png) no-repeat 0px 0px}A.less { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/close.png) no-repeat 0px 0px}A.less:active { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/close.png) no-repeat 0px 0px}A.less:hover { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/close.png) no-repeat 0px 0px}A.less:visited { BACKGROUND: url(http://sp1.dictionary.com/en/i/dictionary/close.png) no-repeat 0px 0px}.luna-Ent A.slA:link { TEXT-DECORATION: none}.luna-Ent .slANC > A { TEXT-DECORATION: none}.lunatext .slD A { TEXT-DECORATION: none}.lunatext .spl_unshd A { TEXT-DECORATION: none}.lunatext .slT B { COLOR: #4089e0}.slD A { COLOR: #404040}.slD A:hover { COLOR: #404040}.slD:visited { COLOR: #404040}
    nor·mal

       /ˈnɔrthinsp.pngməl/ dictionary_questionbutton_default.gif Show Spelled[nawr-muhthinsp.pngl] dictionary_questionbutton_default.gif 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.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Percy1983 wrote: »
    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.

    You sound more and more like that devon bloke.
    Official MR B fan club,dont go............................
  • cepheus
    cepheus Posts: 20,053 Forumite
    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...
  • debtistheft
    debtistheft Posts: 267 Forumite
    Rates will rise and those farsighted people who rent and invest will be well off when interest rates rise.
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.