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Debate House Prices
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CPI FALLS to 4%
Comments
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WOW so it has dropped to 4% thats amazing. why dont you put it another way. it is twice the rate we want it to be at 2%, does not look so good when we look at the figures like that.
the only reason there has been a fall is because of the price war at the big 4 supermarkets.0 -
WOW so it has dropped to 4% thats amazing. why dont you put it another way. it is twice the rate we want it to be at 2%, does not look so good when we look at the figures like that.
the only reason there has been a fall is because of the price war at the big 4 supermarkets.
There hasn't been a realistic price war so far - Tesco, at least, have been able to pass on increased costs AND expand margins over the last few years.
Maybe what's happening now is it's becoming more difficult to do this and so they are having to moderate their price increases or suffer a decrease in demand.0 -
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Intersting that Hamish is happy about a drop in inflation, and yet he champions inflation in house prices as a good thing. Once again proving that his views are just based on vested interests and selfishnessI am not a financial expert, and the post above is merely my opinion.:j0
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Intersting that Hamish is happy about a drop in inflation, and yet he champions inflation in house prices as a good thing. Once again proving that his views are just based on vested interests and selfishness
One day you'll learn the difference between consumer goods and investment assets.“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: »One day you'll learn the difference between consumer goods and investment assets.
:rotfl::rotfl::rotfl::rotfl::rotfl:Hamish thinks houses are "investment assets" :rotfl::rotfl::rotfl::rotfl:
Sorry, I was under the impression they were places to live. Which is the one form of inflation nobody can avoid (except the homeless people on the streets of London).I am not a financial expert, and the post above is merely my opinion.:j0 -
:rotfl::rotfl::rotfl::rotfl::rotfl:Hamish thinks houses are "investment assets" :rotfl::rotfl::rotfl::rotfl:
Sorry, I was under the impression they were places to live. Which is the one form of inflation nobody can avoid (except the homeless people on the streets of London).
No. They were only places to live back in 2008 when prices were tanking.
They're back to being investements again.0 -
If you want to avoid food inflation you can save alot by eating cheaper food's and cooking/reusing your food.
If you want to avoid petrol prices you can somewhat stop this by getting the train or you can cycle/walk
If you want to avoid cloth price inflation you can just reuse your old cloths or go to a charity shop.
If you want to avoid house price inflation you can......hmmmmm......o wait, you cant avoid it unless you want to live on the street or live with family for free. Thats interesting. The one inflation that truely hurts a whole generation and Hamish loves it. His "investment" idea stinks of the irish/gordon brown model of selling each other property for ever increasing amounts and all making each other rich. How did that end up again? O yeh, Ireland is broke, and the UK is facing the biggest squeeze in 90 years!
I have long accepted Hamish doesnt have the kind heart needed to put himself in the shoes of young people in our country today. His solution is to let them accumalate more debt (how did that end in 2008 again??? HMMMM?).I am not a financial expert, and the post above is merely my opinion.:j0 -
If you want to avoid house price inflation you can......hmmmmm......o wait, you cant avoid it unless you want to live on the street or live with family for free.
Look, it is like this. If you want to pay less, offer less. Simples.
Houses cost whatever buyers are daft enough to pay - just like all other things that we buy. If I sell my car I don't think 'What's the least I can sell it for?' I try to get the most I can.
Houses cost too much. There aren't enough houses to satisfy demand at the moment. We need more houses and/or less people.
But we cannot blame people with vested interests for not trying to maximise sale prices. It is a Capitalist society.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
HAMISH_MCTAVISH wrote: »One day you'll learn the difference between consumer goods and investment assets.
Such as a rolex watch and a house,
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