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Debate House Prices


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How high would base rates have to rise before..

1356

Comments

  • Niksan
    Niksan Posts: 309 Forumite
    10% or higher
    lisyloo wrote: »
    Blimey, I might even have to put my butler on a 3 day week.

    I'd would only be-able to afford one masseuse rather than the two which would have an impact on me winding down when I return from work. :(
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    10% or higher
    Interesting poll results so far....

    It does rather seem the bears are wrong in their analysis of how "squeezed" or "stretched" most people are.
    “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”
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 10 March 2011 at 2:02PM
    HAMISH_MCTAVISH wrote: »
    Interesting poll results so far....

    It does rather seem the bears are wrong in their analysis of how "squeezed" or "stretched" most people are.

    Yes. Shame this "bulls" anaylsis is a poll of 16 people, excluded those without mortgages, so were down to maybe 10 people, with a good percentage of those 10 people being VI's and one of them being the poll owner.

    Mindyou, it will do for you, and no doubt you'll take this as a reflection of the entire nation.
  • bendix
    bendix Posts: 5,499 Forumite
    HAMISH_MCTAVISH wrote: »
    Interesting poll results so far....

    It does rather seem the bears are wrong in their analysis of how "squeezed" or "stretched" most people are.

    Weak. very weak.

    By definition anyone interested in this thread are going to be more financially prudent than others.

    It can hardly be extrapolated to reflect the nation as a whole.
  • sammyjammy
    sammyjammy Posts: 8,000 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    10% or higher
    Graham_Devon wrote: »
    Yes. Shame this "bulls" anaylsis is a poll of 16 people, excluded those without mortgages, so were down to maybe 10 people, with a good percentage of those 10 people being VI's and one of them being the poll owner.

    Mindyou, it will do for you, and no doubt you'll take this as a reflection of the entire nation.

    Apologies for the ignorance but what is a VI? Should I be pleased I might be one or not? :D
    "You've been reading SOS when it's just your clock reading 5:05 "
  • SPAMISH_MCTAVISH
    SPAMISH_MCTAVISH Posts: 44 Forumite
    16 snobbish liars so far !!!
    :beer:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    sammyjammy wrote: »
    Apologies for the ignorance but what is a VI? Should I be pleased I might be one or not? :D

    Very Ignorant :D

    It means "vested interest". I.e. someone who talks up the housing market, maybe because they rely on the housing market for financial gain, rather than just using a house as a home.

    However, you'll find both explanations seem to work.
  • Niksan
    Niksan Posts: 309 Forumite
    10% or higher
    SPAMISH_MCTAVISH wrote: »
    16 snobbish liars so far !!!

    Looks that way doesn't it? Although I voted 10%+ reading the original question, it never mentioned if I would have to cut back elsewhere, it clearly stated whether I would lose my house, given the overpayments I made to increase equity, they'd have to go up 30% for me not to have enough money to cover payments and basic food stuffs/bills each month. but hey ho :)
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    10% or higher
    SPAMISH_MCTAVISH wrote: »
    16 snobbish liars so far !!!

    Not at all. Just an annoying one.

    I don't have a mortgage. I just chose to ignore the request to answer only if I have a mortgage.
  • ultrawomble
    ultrawomble Posts: 492 Forumite
    Mortgage rates already on the up - regardless of what the BoE does:

    http://www.moneysavingexpert.com/news/mortgages/2011/03/mortgage-rates-rise-while-unsecured-borrowing-falls-
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