We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Interest rates stay at 0.5% - No additional QE
Comments
-
-
Does look like if BoE had kept their eye on the ball and bumped up rates around 2003, we would not be nearly as deep in it as we are.0
-
The coalition won't want rates going up before the 2010 election. Voters vote with their pockets and any increase in mortgage interest rates will hurt the government. Savers will be pleased but the majority who have a serious amount of savings probably vote Conservative anyway. There's more to be gained by helping those in debt.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
chucknorris wrote: »Yet another month when I forgot that the decision was today, years ago I would have been paying attention waiting to hear what the decision was.
Thought the same on the drive home today. Flatlined in a word. Bets on the first move up? Willing to challenge Andrew sentence on this, I reckon the first move up wont be till 2015 at the earliest.
Ilw I was thinking about this, surely we would have hamstrung ourselves further for the gfc? Globally, the pound would have killed our non existent manufacturing industry, granted house prices would have slowed but globally, others would have benefitted whilst we practiced prudence. There needs to be greater international control of markets IMHO and there needs to be a far wider controls available to the BOE, interest rates are too blunt an instrument. I would give th BOE the ability to cap total mortgage lending financial year to financial year.
I also think controls lending unsecured lending should be induced, based on disposable income after outgoings are considered.0 -
there needs to be a far wider controls available to the BOE, interest rates are too blunt an instrument. I would give th BOE the ability to cap total mortgage lending financial year to financial year.
I also think controls lending unsecured lending should be induced, based on disposable income after outgoings are considered.
I tend to agree, back to where we were 25+ years ago when things were "normal" sounds good to me.
Even back then people lied about their disposable income but at least there was somone their to validate it, a little, before the computer said yeah based on whater carp was put in.
Personaly I think rates need to start moving upwards they have been on the floor for too long."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
That graph stopped after September 2011 - how come?
That is all the posters source had?
Extend if you want and it is till 5X the BOE rate, project forward and it will start to rise."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
I pretty much guarantee they will begin to rocket up when my fix ends.0
-
I would give th BOE the ability to cap total mortgage lending financial year to financial year.
I also think controls lending unsecured lending should be induced, based on disposable income after outgoings are considered.
Credit markets are already self regulating. The review by the FSA published last month was partly irrelevant. As many lenders have already exceeded the initial requirements in tightening down.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards