Britons agree property is overvalued.

chucky

Graham_Devon wrote: »

What? You are now redefining the word major, to greater?

Sorry, but I can't really follow any line of argument you post if you are going to change the english language while discussing to suit!

he's questioning your comment that you said it was a major factor

Graham_Devon wrote: »

While rates are not specifically set based on homeowners and homeowners alone, I think it's well acknowledged that it's a major part of the decision.

it's not a major factor or decision at all. the economy it self and businesses are priorities before home owners are.

you've also confused the fact the reason rates were lowered and the reasons they won't be raised. they're not all the same reasons.

Graham_Devon

Right, let's do this, let's argue about the definition and the english language because I have been able to provide evidence Mervyn King DOES take homeowners into consideration...

Really2. You said:

But I find the idea of the base rate being a major part of the base rate decision is one of the most disingenuous comments since Shaggy said " It Wasn't me"

That's "a" major.

You are now suggesting that "a major" means the biggest part. Substituing "a" with "the".

"a major part" means a big part of the decision. It doesn't mean the biggest part of the decision. You said "a major" not "the major".

That, therefore, is changing definitions and the english language to suit....after I was able to give evidence of what I was saying.

I won't be carrying on this argument, as it's highly stupid, and everyone know's the difference between "a major part" and "the major part" I'm sure.

And no doubut while writing this, chucky will be excitedly wagging his tail ready to start chasing it.

wotsthat

chucky wrote: »

it's not a major factor or decision at all. the economy it self and businesses are priorities before home owners are.

That's a blow. I thought that when the global economic crisis struck Merv's first priority was to make sure I would be able to afford massive overpayments on my mortgage.

Graham_Devon

Oh....yeup!

Theres chucky, stating I said it was "a major"....totally ignoring the fact I was responding to really2 who said it to start with!....and here we go

Confusion, insults etc ready to fly. All because you post up a quote from Mervyn specifically quoting homeowners.

wotsthat

Graham_Devon wrote: »

I won't be carrying on this argument, as it's highly stupid, and everyone know's the difference between "a major part" and "the major part" I'm sure.

I know a major part.

chucky

Graham_Devon wrote: »

And no doubut while writing this, chucky will be excitedly wagging his tail ready to start chasing it.

not really, i did try to explain it to you but your limited intelligence showed that you didn't really understand.

well done for killing another thread.

Really2

Jesus, putting "a" or a "the" at the front still does not get round the fact it is not one of the major reasons for moving the base rate like you said. (which my quote was from)

Graham_Devon wrote: »

While rates are not specifically set based on homeowners and homeowners alone, I think it's well acknowledged that it's a major part of the decision.

Likewise I do not agree your assumption is well acknowledged?

The major reasons for changing rates are economic stability and inflation.

Graham_Devon

Really2 wrote: »

Jesus, putting "a" or a "the" at the front still does not get round the fact it is not one of the major reasons for moving the base rate like you said. (which my quote was from)



Likewise I do not agree your assumption is well acknowledged?

The major reasons for changing rates are economic stability and inflation.

Ok, fine. We shall ignore Mervyn King and what he stated. He's obviously wrong and you know better what they discuss. Cool.

chucky

i've never seen anyone confuse a thread as well as Devon just to avoid showing that he made a mistake.
an absolute class act.

Really2

Graham_Devon wrote: »

Ok, fine. We shall ignore Mervyn King and what he stated. He's obviously wrong and you know better what they discuss. Cool.

No lets look at what he said (or was quoted) as I am stuggling to find out where he says home owners are a major reason rates fell and where they are now.

King, who defended his determination to keep rates low in a speech last week, led a majority of MPC members who believe that an interest rate rise would only weaken the economy and hurt homeowners and businesses desperately in need of cheap credit.

Saying a rate rise would hurt home owners is not saying he would not put them up because of that. Or otherwise they will never go up, more paid on interest is never not going to hurt owners is it?

It is like saying a rate increase would benefit savers, but I am not in the belief that raising and lowering rates are to punish and reward people!!!