house prises in 5 years or ten years time

chewmylegoff

The average house price in 5 years will be £243,127.43 the average house price in 10 years time will be £289,563.56. These figures are accurate to the nearest penny.

Graham_Devon

Ooooo, a prediction I can be safe with!

In 5 years time, the post above will be dragged up from the ether and proudly announced as "wrong!" with the obligatory :rotfl::beer:

grizzly1911

HAMISH_MCTAVISH wrote: »

Unlikely....

The National Debt has very rarely been lower than it is today.

Add a few more years budgets, and factor in flat GDP..... 100% predicted soon.

Not to mention the off balance sheet debt, future welfare obligations, contingent liabilities and the fact we no longer have a Commonwealth/Empire to benefit from to the same extent.




Debt in billions





@fc123

Potted history.

http://www.ukpublicspending.co.uk/debt_brief.php

abaxas

HAMISH_MCTAVISH wrote: »

Unlikely....

The National Debt has very rarely been lower than it is today.

Nice graph.... shame we are 2nd in the world to Ireland in terms of personal debt relative to GDP and the winner in financial sector debt / GDP.

lawriejones1

abaxas wrote: »

Nice graph.... shame we are 2nd in the world to Ireland in terms of personal debt relative to GDP and the winner in financial sector debt / GDP.

I think this is because we are far too honest.

fc123

the_flying_pig wrote: »

aftermath of the napoleonic wars.

our current debt is really quite high by 'peace'time standards but does pale into insignificance compared to the sort of sums you rack up getting into wars against one of the world powers [occasionally carpet bombing the odd second world country into oblivion is only very moderately expensive, particularly if they have oil]

.....well not quite peace-time as the UK is still fighting wars in faraway lands.

Thing is, they carried on spending and built statues and memorials afterwards.

I just recall a debate on LBC (:o I know it's tabloid radio but it fills the silence sometimes) about building a statue for Mrs T and the costs quoted were huge.

grizzly1911

fc123 wrote: »

..... about building a statue for Mrs T and the costs quoted were huge.

Just as long as it doesn't come out of the public purse.

Annie_Nameless

HAMISH_MCTAVISH wrote: »

It is indeed.

The national debt has only been lower than it is today for 30-40 years out of the last 350 or so.

Which does rather put things in perspective.

To me, that is an indication of the irrelevance of the national debt to our general economic well-being.

It is no different from all the other theoretically calculated numbers with which economic science tries to claim some kind of respectability.

TruckerT

TruckerT

Annie_Nameless wrote: »

To me, that is an indication of the irrelevance of the national debt to our general economic well-being.

It is no different from all the other theoretically calculated numbers with which economic science tries to claim some kind of respectability.

TruckerT

Sorry - that post should have come from me - Annie and me are mates, and sometimes share a computer...

TruckerT

Percy1983

Surely it depends on when they switch on skynet?