Debate House Prices


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April Inflation. CPI 4.5% & RPI 5.2%

Batchy
Batchy Posts: 1,632 Forumite
in Debate House Prices & the Economy
http://www.statistics.gov.uk/CCI/nugget.asp?ID=19

great... maybe its time for another payrise!
Plan
1) Get most competitive Lifetime Mortgage (Done)
2) Make healthy savings, spend wisely (Doing)
3) Ensure healthy pension fund - (Doing)
4) Ensure house is nice, suitable, safe, and located - (Done)
5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
«13456

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You're lucky to have a job!
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Raise the interest rate that'll sort it;)
    Official MR B fan club,dont go............................
  • DervProf
    DervProf Posts: 4,035 Forumite
    ess0two wrote: »
    Raise the interest rate that'll sort it;)

    Keeping rates @ 0.5% for months on end certainly hasn't helped.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • Old_Slaphead
    Old_Slaphead Posts: 2,748 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Batchy wrote: »
    http://www.statistics.gov.uk/CCI/nugget.asp?ID=19

    great... maybe its time for another payrise!

    Another payrise ?

    Long time since many of us have seen even one!
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    DervProf wrote: »
    Keeping rates @ 0.5% for months on end certainly hasn't helped.

    Yes it has.

    I've saved nearly £9,000 on mortgage payments so far.
  • Batchy
    Batchy Posts: 1,632 Forumite
    I was saying about the payrise tongue in cheek...
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • DervProf
    DervProf Posts: 4,035 Forumite
    edited 17 May 2011 at 11:35AM
    Meanwhile, back on terra firma, most of my friends/family have hardly benefited from low interest rates (they either have no, or small mortgages). My retired parents are seeing low returns on their savings. Anyone with credit card debt or bank loans are not getting any benefit from low IRs (unless they have a large mortgage).

    The only people who might be benefitting are those who have larger mortgages. They are the ones who seem to take pleasure from continued low IRs. They, being the characters they are, are hardly likely to be bothered about how others are coping, and will continue to argue the case for low IRs, while they still have large debts.
    30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    DervProf wrote: »
    The only people who might be benefitting are those who have larger mortgages. They are the ones who seem to take pleasure from continued low IRs. They, being the characters they are, are hardly likely to be bothered about how others are coping, and will continue to argue the case for low IRs, while they still have large debts.

    Having a large mortgage now qualifies someone as a moral bankrupt? That's a movement of the goalposts - I thought we reserved that status for BTL owners.
  • ILW
    ILW Posts: 18,333 Forumite
    wotsthat wrote: »
    Having a large mortgage now qualifies someone as a moral bankrupt? That's a movement of the goalposts - I thought we reserved that status for BTL owners.

    I got called a parasite for having a savings account
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ILW wrote: »
    I got called a parasite for having a savings account

    by whom? mr hyde?
This discussion has been closed.
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