Now this is a Property Bears nightmare

gorgeyetsun

ruggedtoast wrote: »

And another thread descends into beastliness.

You reacha point with some people when you realise they are just posting to try and get a rise. As I kept pointing out to Fella - while he might be doing OK with the savings he put into index linked savings bonds pre-2007, this does not follow that everyone is doing well with their savings. The vast majority of savers are struggling with poor rates - as has been widely documented and so I find it difficult to believe that some one is trying to argue otherwise.

I concluded that fella had put logic on hold and was arguing just for the sake of it - hence the 'victory dance' retort. It's pointless discussing with someone who dispenses with logic and so you play them at their own game and troll back.

None of them like this - especially Aberdeenarngarse, who really hates me for the regular discussion drubbings at my hands (both with this username and his other ones). They seem to enjoy dishing it out but really, really can't take it.

gorgeyetsun

ukcarper wrote: »

So that is a reasonable response to my post.

Exactly. Waste of time debating with someone like that. You raised a perfectly good point (which I also raised) and as he couldn't address it he resorted to bad language.

Bad form really and deserves the sort of response I gave. Fella was defeated in the discussion and also 'out trolled' by having his own tactics thrown back at him. No wonder he flounced off.

coastline

Even with higher inflation this doesn't mean companies will reward their workforces with the same increases in annual salary.
They can bang on all day about 3% inflation but we all know core basic items are rising faster...food..utilities etc.
The example about Sheffield in an earlier post highlights this and a continuation of this isn't going to boost the spending power of the workforce.
Years ago the annual salary increase was pretty much built in..an RPI rise for most...even in recessions...but today this isn't so.
We might even see a slight increase in base rates with higher inflation...something the property market can absorb...but if the consumer is strangled how is this a good thing for property.
The new BOE chief will be no magician...just trying something slightly different ..or even nothing at all.

mrginge

Tomcat2000 wrote: »

Inflation is in control, they are going to inflate the national debt away.
.

Ah yes, this old chestnut.

So apart from the fact that it would be political suicide, how is this going to actually generate any growth?

Or are we all getting 10% annual pay rises?

Dribley

gorgeyetsun wrote: »

Unfortunately you can't seem to stay away from it.:rotfl:

Did you ever go on that 'Anger management' course I suggested?

moneyinmypocket

And there we have it folks the decisive opinion on the great British house price. Homeowners will be looking there doors tonight and fist pimping the air

gorgeyetsun

Dribley wrote: »

Unfortunately you can't seem to stay away from it.:rotfl:

Did you ever go on that 'Anger management' course I suggested?

Sorry, but I don't remember ever chatting to you, so perhaps you're mistaken?

You could offer this advice to the person using the f*** language and who flounced out of the discussion? He seems to be the person with the anger issues. Indeed joeskeppi indicated that this poster was the 'angriest person the internet'.

Will I be getting a visit from your other usernames today? I've already had AberdeenAngarse. Shall we get them all out of the way today? :rotfl:

Looking at an earlier post you made the other day to Hamish:

Dribley wrote: »

Mate, it sounds like your brain, mainly empty, but full of !!!!!!.You really are quite thick!

Sounds like you're the one who needs anger management. What's up - rising rents getting you down, or do your mumma and dadda want their back bedroom back? :rotfl:

Thrugelmir

mrginge wrote: »

So apart from the fact that it would be political suicide, how is this going to actually generate any growth?

Rising pay. Even at 1% will boost growth and therefore help inflate debt away. As this will boost money circulating in the economy.

The fact that pay at 1% is lower than "imported" inflation makes no iota of difference. As it will be non-essential items that are cut from peoples budgets first.

The effect of low pay rises will be years of bumping along. While other issues such as consumer indebtness self correct.

mrginge

So 'real' inflation is 4% , 'imported' inflation is 8%, pay rises are 3%

This is a recipe for growth is it?

moneyinmypocket

A lot of handbags at dawn in here - renters in one corner homeowners in another its a battle to the end only one side can win, the winners will be carried through the streets