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Something fishy
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You do know that the BoE base rate isn't set purely with mortgage repayments in mind, right?
No dont you know its all a conspiracy..... Everything revolves around house prices and everything the government has done is to raise house prices. Poor crashy cant afford a pot to !!!! in...0 -
No dont you know its all a conspiracy..... Everything revolves around house prices and everything the government has done is to raise house prices. Poor crashy cant afford a pot to !!!! in...
You'd have to be extremely naive to not accept that just about all the measures that the govt and BoE have undertook since 2007 have been predominantly aimed at supporting/inflating house prices.
What proportion of TFS/QE money etc has found it's way to business lending compared to residential mortgage lending?
Ever increasing house prices is the only economic ''feelgood factor'' that the govt can offer people these days (at least for those that are already invested both financially and emotionally in property)
The main theory being that a fall in house prices would lead to a de facto recession due to reduced consumer spending.because homeowners will suffer a perceived loss of wealth.0 -
Isn't this enough threads that have become Crashy threads? Please stop giving him the attention he wants. One warning to an OP is enough, we don't need pages of arguments on someone else's thread. Just feeds him.0
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Crashy_Time wrote: »One out of three ain`t bad......for you
Wooooosh!!!!0 -
The problems start when the government can`t rig the game anymore.......
https://www.telegraph.co.uk/business/2018/03/26/hong-kong-first-global-firing-line-libor-shock-hits-currency/0 -
Crashy_Time wrote: »The problems start when the government can`t rig the game anymore.......
https://www.telegraph.co.uk/business/2018/03/26/hong-kong-first-global-firing-line-libor-shock-hits-currency/
Snore change the record.... Go back to housepricecrash...
http://www.scmp.com/property/hong-kong-china/article/2131313/hong-kong-home-prices-surged-21st-month-december0
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