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Debate House Prices
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April Inflation. CPI 4.5% & RPI 5.2%
Comments
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RenovationMan wrote: »I think all the 'morally bankrupt' stuff is a load of balony anyway because whatever you want/wish for is inconsequential. Things will play out the way they play out, regardless of what you want. You can either sit on an obscure internet forum and bleat about how unfair it all is, or you play the system at its own game.
Agreed, problem is the bolded people tend to be so bitter and resentful over anyone whos done a bit better than they have due to their phobia of risk and/or debt, that it all gets a bit nasty.
Dodged any meteors lately?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
well
low interest rates and high inflation favour people with debts, typically younger people buying property
low interest rate and high inflation penalise people with saving, typically older people
so an involuntary tranfer of wealth from old to the young
so it just goes to show that justice is being done as those awful immoral money grabbing baby boomers are suffering their just deserts0 -
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well
low interest rates and high inflation favour people with debts, typically younger people buying property
low interest rate and high inflation penalise people with saving, typically older people
so an involuntary tranfer of wealth from old to the young
so it just goes to show that justice is being done as those awful immoral money grabbing baby boomers are suffering their just deserts
I really feel sorry for those boomers with cheaper mortgage payments, while prices are proped up so I have to save for longer while my saving are being erroded quite quickly.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 13/01/20120 -
I really feel sorry for those boomers with cheaper mortgage payments, while prices are proped up so I have to save for longer while my saving are being erroded quite quickly.
Why don't you buy now? get your savings into property now is the smartest move you can make - there are some bargains out there!0 -
And sit on an obscure internet forum, telling other how "clever" you have been ?
Yes.
Particularly when most of those same "others" were so very keen to see you fail.“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 -
Agreed, problem is the bolded people tend to be so bitter and resentful over anyone whos done a bit better than they have due to their phobia of risk and/or debt, that it all gets a bit nasty.
Very true.
Why are they so weird about risk and debt do you think?“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 -
Why don't you buy now? get your savings into property now is the smartest move you can make - there are some bargains out there!
Savings aren't big enough for a deposit just yet, by all means I will buy the first chance I get.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 13/01/20120 -
HAMISH_MCTAVISH wrote: »Very true.
Why are they so weird about risk and debt do you think?
It is odd, isn't it ?
I mean, look at the world's governments/central banks. Nothing wrong with their policies on risk/debt, is there ?
On a personal note, I have witnessed the trouble that personal debt can cause. Nothing wrong with responsible borrowing, mind, but it can easily get out of control.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
its getting out of control, the BOE are gonna have to start stepping up to the plate.0
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