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!
Are house price rampers and investors........
shortchanged_2
Posts: 5,546 Forumite
hoping that unemployment in the UK remains high for many years?
With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
Does this mean that many housing investors are now revelling in the misery of the unemployed in the country?
With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
Does this mean that many housing investors are now revelling in the misery of the unemployed in the country?
0
Comments
-
shortchanged wrote: »hoping that unemployment in the UK remains high for many years?
With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
Does this mean that many housing investors are now revelling in the misery of the unemployed in the country?
Of course not! Anyone with at least half a brain knows that for any meaningful recovery to take place we need the economy as a whole to improve and flourish which obviously means reduced unemployment and a return to normal interest rates.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Of course not! Anyone with at least half a brain knows that for any meaningful recovery to take place we need the economy as a whole to improve and flourish which obviously means reduced unemployment and a return to normal interest rates.
Thanks for clearing that up chuck.
Do you think Hamish and Sibley etc agree?0 -
shortchanged wrote: »With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
He suggested....... a big caveat in his words if you look at the other factors that also could influence a change.0 -
shortchanged wrote: »Thanks for clearing that up chuck.
Do you think Hamish and Sibley etc agree?
I think that they both would. I will pay another 29k PA interest when rates go back up, but they will at some point and as long as the economy is in full recovery that is fine by me, has to happen sometime this was never going to last forever.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »has to happen sometime this was never going to last forever.
Highly possible that we haven't reached half way yet.0 -
Thrugelmir wrote: »Highly possible that we haven't reached half way yet.
I am not saying we are there yet, but on the other hand I don't think that we are too far away from the start of a gentle recovery.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
shortchanged wrote: »hoping that unemployment in the UK remains high for many years?
With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
Does this mean that many housing investors are now revelling in the misery of the unemployed in the country?
Don't be so daft.
Falling unemployment, a growing economy, increased confidence and improving consumer spending are all very positive things for Britain.
To suggest that rates rising as a result of those factors being in place would depress house prices is just silly to the point of absurdity.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
shortchanged wrote: »hoping that unemployment in the UK remains high for many years?
With the head of the BoE announcing that interest rates will remain low whilst unemployment remains above 7%, does this mean that property investors are hoping high unemployment remains in the UK?
Does this mean that many housing investors are now revelling in the misery of the unemployed in the country?
A booming economy would be good for a ramper wouldn't it?
Not that it matters. Wealthy people don't rely on hope.0 -
HAMISH_MCTAVISH wrote: »Don't be so daft.
Falling unemployment, a growing economy, increased confidence and improving consumer spending are all very positive things for Britain.
To suggest that rates rising as a result of those factors being in place would depress house prices is just silly to the point of absurdity.
Isn't it amazing that some of the bears expect/hope that house prices fall of a cliff yet somehow they would miraculously be enjoying full employment and pay rises to take advantage. They just don't seem to realise that everything is connected and that is the bloody reason that house prices would be falling in the first place!Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Isn't it amazing that some of the bears expect/hope that house prices fall of a cliff yet somehow they would miraculously be enjoying full employment and pay rises to take advantage. They just don't seem to realise that everything is connected and that is the bloody reason that house prices would be falling in the first place!
Chill out chuck. I was just wondering if the heavily leveraged and those with large debts took delight in the recent announcement from the BoE chief.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards