My Interest rate gamble pays off again!

grizzly1911

sabretoothtigger wrote: »

Of course a millionaire at that time will not buy most houses in London. I think it was ML who slammed his iron gauntlet on the chess table sending pieces flying while screaming off with his head



Yep not prices but value. Some will say nothing much matters beyond the price but I would say its the other way round and in fact the price is nothing more then a tag that will swing on the houses actual value

Or you could ignore the figures and go on the house owners demographics. Does it make no difference who actually owns housing in the area, Im not talking about occupiers but fully vested owners. Im not being a snob but the 'quality' of owners does matter, if its working class made good and 100% owners then great or if its all council owned or private landlords who in turn owe money to banks which are themselves unable to lend long term. This suggests lower values are most likely

Classic signature STT.:cool:

BACKFRMTHEEDGE

Have all my posts been deleted on this thread or am I losing my mind lol ???

wotsthat

BACKFRMTHEEDGE wrote: »

Have all my posts been deleted on this thread or am I losing my mind lol ???

Yes they've been deleted. In fact quite a few discussing the circumstances of Dithering Dad's departure have gone.

Dribley's remain - make of that what you will.

Dribley

wotsthat wrote: »

Dribley's remain - make of that what you will.

Probably due to my postings being of the very highest calibre.:money:

RUN_RABBIT_RUN

Dribley wrote: »

Probably due to my postings being of the very highest calibre.:money:

i don't think chuck norris would have much luck with most of your efforts, to be honest

BACKFRMTHEEDGE

BACKFRMTHEEDGE wrote: »

Have all my posts been deleted on this thread or am I losing my mind lol ???

wotsthat wrote: »

Yes they've been deleted. In fact quite a few discussing the circumstances of Dithering Dad's departure have gone.

Dribley's remain - make of that what you will.

Thanks and lol....

I'm always amazed that anyone reads the drivel I write, let alone uses precious time to delete it...

MFW_ASAP

With the FEDs decision to slowly taper QE and clear signal that they will keep interest rates low for years, this gamble is turning out to be a sure thing. It just goes to show that "He who dares, wins".

wotsthat

MFW_ASAP wrote: »

With the FEDs decision to slowly taper QE and clear signal that they will keep interest rates low for years, this gamble is turning out to be a sure thing. It just goes to show that "He who dares, wins".

I still think 5 year fixes are at bargain basement prices. I watch Nationwide like a hawk because I've a mortgage to fix early in 2015 and prices and charges have been drifting upwards. I've part remortgaged one property just so I could make the maximum overpayment possible on another and get the 5 year fix.

The end of 2014 will be a much better place for assessing where interest rates are going than the end of 2013.

It's been good old recession - hardly want it to end.

Graham_Devon

MFW_ASAP wrote: »

With the FEDs decision to slowly taper QE and clear signal that they will keep interest rates low for years, this gamble is turning out to be a sure thing. It just goes to show that "He who dares, wins".

MFW_ASAP

Graham_Devon wrote: »

What a lovely sentiment (and gif), Thanks Graham!