Interest Rates going back up to normal levels again?

GreatApe

Thrugelmir wrote: »

Around 18% of those employed are now on minimum wage terms.

Sounds made up to me

Even the lefty guardian puts it at only 1/20 jobs = 5%

And I am sure it will disproportionately be younger people and people working in the lower industries like retail and hospitality etc

Jack_Johnson_the_acorn

Tiners wrote: »

Putting aside the fact that you've increased the purchase price point we were discussing by £20k or 17% (!!)...
I'm also familiar with the NW and even for your more generous figure of £140k I wouldn't describe the 3 bed houses available as decent houses in decent areas... they're usually rather tired and dated houses in need of refurbs with associated 5 figure costs and in less than desirable areas, ex LA estates with a certain reputation or busy main roads.

I'd also hazard a guess that your house is now considerably less affordable than the £127k that you paid for it in 2011... Have local wages in your area risen in line with local house prices?

Do you just see what you want see, because I also changed the property type to Semi detatched which are significantly more expensive...... The new build estates i'm thinking of have never been "ex council" and they certainly aren't built on main roads.

http://www.rightmove.co.uk/property-for-sale/property-67763519.html

This needs a bit of work but £120k.... Snapped up by the looks of it.

http://www.rightmove.co.uk/property-for-sale/property-61782286.html

http://www.rightmove.co.uk/property-for-sale/property-50277456.html

All of these are perfectly acceptable homes for a small family....

But i'm sure you can tell me why these are unacceptable. :money:

antrobus

ilovehouses wrote: »

Fake fact.

8.5% as at April 2017.

According to HoC briefing paper Number 7735, 15 June 2016

economic

ilovehouses wrote: »

Fake fact.

he tends to post a lot of fake stuff. be careful what he says.

Tiners

How sweet, all these people putting unquestioning faith in govt sourced stats and figures like obedient little citizens.

http://uk.businessinsider.com/unemployment-in-the-uk-is-now-so-low-its-in-danger-of-exposing-the-lie-used-to-create-the-numbers-2017-7

http://www.telegraph.co.uk/business/2017/10/15/britains-missing-billions-revised-figures-reveal-uk-490bn-poorer/

Tiners

Jack_Johnson_the_acorn wrote: »

But i'm sure you can tell me why these are unacceptable. :money:

Just one problem with all of them examples... you end up having to live in Merseyside :money:

Jack_Johnson_the_acorn

Tiners wrote: »

Just one problem with all of them examples... you end up having to live in Merseyside :money:

It's horrible losing an argument isnt it. Only took 2 posts to prove you are talking absolute rubbish.

Unless you still actually think those properties are unaffordable and overpriced for 3 bed semis...... I would love to be proven wrong. :rotfl:

Filo25

Increase to 0.5% as expected then.

7-2 vote but future rises only "at a gradual pace and to a limited extent", so Sterling selling off a bit for now.

westernpromise

So back to the emergency level of 2009 then...

Gorgeous_George

Bloomin' 'eck! Interest rates have doubled in one go. That's a 100% increase. How dare they?

Hehe

GG