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Debate House Prices


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Base rates held (what's new?)

danothy
danothy Posts: 2,200 Forumite
Part of the Furniture Combo Breaker
in Debate House Prices & the Economy
Rates were expected to rise early next year, but economists think this will be pushed back due to recent poor news.
The Bank of England has said it wants to be sure growth is on a firmer footing, and that slack in the labour market is reducing, before it raises interest rates.

http://www.bbc.co.uk/news/business-29929499

Was worried I might miss the window to get a low rate mortgage while saving up a deposit, but things are looking better for being on the last chopper out of renter-ville.
If you think of it as 'us' verses 'them', then it's probably your side that are the villains.
«13456

Comments

  • dano17439
    dano17439 Posts: 366 Forumite
    Part of the Furniture 100 Posts
    Excellent news :-)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Economy still appears flat on its back........
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    I don't care any more. Just bought a BTL. Hate myself for doing it though.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Bantex wrote: »
    I don't care any more. Just bought a BTL. Hate myself for doing it though.

    ..because it confirms what a hypocrite you are?

    It's just that if you think BTL is a vile business run by immoral parasites it's kind of easy to avoid buying one. Buying a BTL is somewhat avoidable.
  • MFW_ASAP
    MFW_ASAP Posts: 1,458 Forumite
    Bantex wrote: »
    I don't care any more. Just bought a BTL. Hate myself for doing it though.

    Hypocrite.
  • System
    System Posts: 178,369 Community Admin
    10,000 Posts Photogenic Name Dropper
    wotsthat wrote: »
    ..because it confirms what a hypocrite you are?

    It's just that if you think BTL is a vile business run by immoral parasites it's kind of easy to avoid buying one. Buying a BTL is somewhat avoidable.

    A textbook example of why prices won't crash. Even someone morally disgusted and outraged about the situation is buying in.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Mortgage-free Glee!
    there are people who have no knowledge of rising interest rates,i suspect that when they do start to increase we will see some bodies falling from the skies
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    woodbine wrote: »
    there are people who have no knowledge of rising interest rates,i suspect that when they do start to increase we will see some bodies falling from the skies
    They will have to rent.
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    MFW_ASAP wrote: »
    Hypocrite.
    True, but I have finally come to the conclusion that the powers that be are determined to wipe out my savings. wouldn't have done it if could have got a half decent above inflation return.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Bantex wrote: »
    I don't care any more. Just bought a BTL. Hate myself for doing it though.

    cm-23138-050624abe3a9e6.jpeg
    “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”
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