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Debate House Prices
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Think about the mortgage you are taking on, the debt you are taking on
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meaning that minimum wage people can't buy a detached 4 bed house in central London then it truely shows how rediculourly rich we have become.
And how disproportionately the wealth is spread perhaps."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 -
grizzly1911 wrote: »And how disproportionately the wealth is spread perhaps.
or indeed how disproportionately the wealth is created.
people in the 3rd world might take a different view.EU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
or indeed how disproportionately the wealth is created.
people in the 3rd world might take a different view.
But surely free markets are operating, wealth will cascade down."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 -
grizzly1911 wrote: »But surely free markets are operating, wealth will cascade down.
is that a law of nature or something you have made upEU tariff on agricultual product 12.2%
some dairy products 42.1% cloths 11.4%
EU Clinical Trials Directive stops medical advances0 -
is that a law of nature or something you have made up
I thought you believed in that sort of thing."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 -
.......
The mortgage interest payments for a small flat in London or a modest family home in the southeast come to more than the total take home pay of an average employee. A person on minimum wages would have to work 80 hours a week just to meet the interest charges.
Regards
Macaque (planet earth)
I have today written a very stiff letter to my MP protesting in the strongest possible terms that single people on minimum wage can apparently no longer afford a flat in London, or a modest home in the South East.
Regards
Loughton Monkey (planet macaque)0 -
I think we'll see a rise as early as next year.
A gentlemen's bet that we don't.
After the next election is when it will happen. I believe it will possibly hit very hard (very high interest rates), regardless of which party is in power.
It is a long term aim, to end property ownership by private individuals, other than rich mass owning landlords. It is clearly stated in Agenda 21.0 -
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After the next election is when it will happen. I believe it will possibly hit very hard (very high interest rates), regardless of which party is in power.
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No chance, I believe we will see a rate rise after the election but it will be very modest. Why do people think the banks can and will be able to keep the historically high margins we see today?
When the BOE rate hit 15% in the early 80's were most banks adding 4% on that too?0
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