Nationwide aug: + 1.3%

JonnyBravo

homelessskilledworker wrote: »

You really have an axe to grind mate:)

Axe to grind?
Do you think that description might suit anyone else?
Anyone who say spends hours a day innundating Govt with missives about the unfairness of it all?

JonnyBravo

Graham_Devon wrote: »

Sorry for the aggressive tone, just so many jumped on the bandwagon to pretned I don't hae a clue again based on your figures, it was a little annoying. I doubt any of them will go a bit further like you have done and explore it....will just stick to the usual soundbites.

You've bought it on youself here Graham.
You usually are happy to put your hands up when you've made a mistake but you've adopted the RM defence on this occasion and it always ends badly for the defendant.
It's clear that inflation does help people pay off their mortgage. It is however also clear that it's effects are much smaller nowadays than many times of the recent past but it's still there, no matter how much you don't want it to be.

Graham_Devon

ukcarper wrote: »

I can’t see what you are going on about if you spend 50% of salary on things that do not increase loans etc and get a rise all of that rise is available to spend on things that have increased so if you get 2% rise you have 4% to spend on thinks that are effected.

2% turns into 4% now!?

If this is the case...which it's not, your own mathmatics on the previous page are wrong, as you haven't accounted for the 2% turning into 4% on the none inflation attracting mortgage payment

JonnyBravo

wotsthat wrote: »

If I was you I'd buy now but lower your expectations - you'll be happier in the long run - don't you hate your rented accomodation?

Quite right. It's not good for one of the elder statesmen of society to live in a hovel.

ukcarper

Graham_Devon wrote: »

2% turns into 4% now!?

If this is the case...which it's not, your own mathmatics on the previous page are wrong, as you haven't accounted for the 2% turning into 4% on the none inflation attracting mortgage payment

I’ll spell it out for you .

You take home £2000 a month you spend £1000 on items that do not increase and £1000 on items that do. You get a 2% rise and take home jumps to £2040 which leaves you £1040 to spend on the things that do increase ie an extra 4%.

wotsthat

JonnyBravo wrote: »

Quite right. It's not good for one of the elder statesmen of society to live in a hovel.

Don't worry he's taken it to the top. If you're polite on Twitter the housing minister will deal with these issues personally. Foxy's always pleasant so it's just a matter of time before this is sorted.

I hope so anyway because he's burnt his bridges with Kirstie.

JonnyBravo

wotsthat wrote: »

Don't worry he's taken it to the top. If you're polite on Twitter the housing minister will deal with these issues personally. Foxy's always pleasant so it's just a matter of time before this is sorted.

I hope so anyway because he's burnt his bridges with Kirstie.

Yes I saw most of that.
All a bit "zealous". Wonder how he finds time for it all? Especially at his age.

System

wotsthat wrote: »

I did advise giving this up as you didn't understand percentages let alone how to compare them.

I think that's being over-generous.

https://forums.moneysavingexpert.com/discussion/3397674

As soon as Graham types a "%" I zone out

Graham_Devon

Shoppers have been warned to expect more food price rises following further evidence that the cost of putting a meal on the table is rising faster than incomes.

Annual food price inflation was running at 3.1 per cent in August – almost double the average 1.6 per cent increase in incomes.

The figures are published today by the British Retail Consortium, which warns that a drought in the US and other key farm export countries will bring new price rises.

Just putting some fresh evidence this morning in surrounding the point I'm making.

Scoff all you like.

And carper, try 1.6%.

JonnyBravo

Joeskeppi wrote: »

I think that's being over-generous.

https://forums.moneysavingexpert.com/discussion/3397674

As soon as Graham types a "%" I zone out

:rotfl:

Thank you, thank you, thank you.
I don't think I saw that first time around.

"Want to tell me how I'm wrong?" lol
Shovel for Graham!