Home Ownership down – Cost of Buying Up

Graham_Devon

HAMISH_MCTAVISH wrote: »

And there you go again, muddle, muddle, muddle.

The very fact that Mervyn has ignored inflation to not raise rates until the economy is stronger and unemployment is falling is proof he means what he says.

"The reason we would raise interest rates would be in the context of a much stronger economy with unemployment falling rather than rising."

That's when rates will rise, Graham.

When the economy is much stronger and when unemployment is falling.

Not exactly conditions you'd associate with falling house prices then.:)

Oh god Hamish. You are impossible.

Either that or completely dumb, which is what I'm starting to believe.

The world economy will have absolutely no effect on our base rates. Be that greek / italian defaults, bankrupt banks, bond rates, or anything else. You heard it here first boys and girls.

HAMISH_MCTAVISH

Graham_Devon wrote: »

You really should read stuff before coming to conclusions. It's evidently your biggest downfall.

Hello pot, meet kettle.

Here's what they actually say in the thread.

The bottom line is, the housing scheme was the only way we were ever going to get on the property market as at the time we brought I was a temp and therefore we had to apply for the mortgage based solely on my husband's wage and we didn't have a deposit.

Waiting to save up wasn't an option as our families were at war and putting increasing pressure on our relationship. I am certain that had we not moved when we did, we would not be together as the situation was turning so nasty.

So, this apartment was a blessing at the time and therefore we cant regret the decision we made as we're now blissfully happy in our relationship.

It will only be like we've rented for the past 2.5 years anyway if you want to put it into 'dead money' terms. No biggy.

Ouch.

Not quite the way you portrayed it Graham, you silly, silly boy.:rotfl:

HAMISH_MCTAVISH

Graham_Devon wrote: »

The world economy will have absolutely no effect on our base rates. Be that greek / italian defaults, bankrupt banks, bond rates, or anything else. You heard it here first boys and girls.

And for the last 4 years you and dozens of other posters have been running around like Chicken Little proclaiming the sky is falling with every piece of news.

"Rates will rise when hyperinflation inevitably hits."

"Rates will rise when the Tories get in."

"Rates will rise when the bond vigilantes attack."

"Rates will rise when the markets have had enough."

"Rates will rise when the PIGGS squeal"

etc.

Remind me again Graham, when did rates rise?:rotfl:

Graham_Devon

HAMISH_MCTAVISH wrote: »

Hello pot, meet kettle.

Here's what they actually say in the thread.



Ouch.

Not quite the way you portrayed it Graham, you silly, silly boy.:rotfl:

It's 9 pages. I don't need to portray it. It's there for anyone to read.

It's only you who's obviously feeling the need to portray the thread by taking a few paragraphs from a single post, and posting it up here.

Considering it's 9 pages long, AND included a thread from 2 years ago, theres obviously a little more to it than the tiny snippet you have decided to take to portray the entire discussion in the light you wish for it to be seen.

If I felt the need to portray the thread, I too could take a few sentences from a larger single post, and post it up. I don't feel the need

Graham_Devon

HAMISH_MCTAVISH wrote: »

And for the last 4 years you and dozens of other posters have been running around like Chicken Little proclaiming the sky is falling with every piece of news.

"Rates will rise when hyperinflation inevitably hits."

"Rates will rise when the Tories get in."

"Rates will rise when the bond vigilantes attack."

"Rates will rise when the markets have had enough."

"Rates will rise when the PIGGS squeal"

etc.

Remind me again Graham, when did rates rise?:rotfl:

Go on then.

Say it.

Put your name to what you are actually trying to portay here.

State "BOE rates are not influenced by any external factors".

Do it in your next post. Associate your name to what you apparently believe. Will you take the challenge? Or will you refrain, and show us you may not actually believe what you are saying? Maybe you will simply ignore the request as per usual? Either way, stuck in a little predicament here. If you won't put your name to it, obviously you are preaching stuff you don't believe.

Jimmy_31

I just had a look at that thread and the poster says that it wasnt like barrats set an unrealistic price of 80k down from a 106k. To build a new build including land costs can easily be done for under 30k. 50k profit for making up a number:rotfl::rotfl::rotfl:

HAMISH_MCTAVISH

Graham_Devon wrote: »

Go on then.

Say it.

Put your name to what you are actually trying to portay here.

Do it in your next post. .

The BOE will continue to ignore external factors such as imported inflation and maintain a policy of currency devaluation and ZIRP until the economy is much stronger and unemployment is falling.

Signed:
Hamish McTavish

Graham_Devon

HAMISH_MCTAVISH wrote: »

The BOE will continue to ignore external factors such as imported inflation and maintain a policy of currency devaluation and ZIRP until the economy is much stronger and unemployment is falling.

Signed:

Hamish McTavish

Ahh I see.

So you won't state it. You'll only talk about imported inflation, completely ignoring everything else stated. Who'd have thunk it? Oh....me, hence why I highlighted 'ignore' in my above post!

How utterly surprising!!. No, Really!! <sigh> There was me watching you preach what Mervyn had said, implying that the only time interest rates would rise is when Mervyn decides.

Yet you won't actually say it. All you'll do is hide behind a snippet of a text. Again.

Bit like you and BTLs. Best investment ever. But will you buy one? Course not.

Case closed in my opinion. Keep preaching. Some may actually believe you. To the rest, you'll simply continue looking like a rather eccentric, and very silly boy.

HAMISH_MCTAVISH

Graham_Devon wrote: »

Ahh I see.

So you won't state it. You'll only talk about imported inflation,

No Graham, there's a reason that was included as a "such as".

You do struggle with the English language, don't you?

Do you want me to say it again in a more simple way for you?

The BOE will continue to ignore external factors until the economy is much stronger and unemployment is falling.

There you go. Happy now?

Graham_Devon

HAMISH_MCTAVISH wrote: »

No Graham, there's a reason that was included as a "such as".

You do struggle with the English language, don't you?

Do you want me to say it again in a more simple way for you?

The BOE will continue to ignore external factors until the economy is much stronger and unemployment is falling.

There you go. Happy now?

You missed out any.

I did highlight and put the word in italics to make sure you didn't miss it, but seems even that failed.

"BOE rates are not influenced by any external factors".