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Debate House Prices
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Real Inflation 9.5 %
Comments
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Of course when the inflation was manifesting itself as house price rises everyone thought it was the best thing ever. :cool:
Ah - but you forget, HPI isn't inflation, and isn't therefore included in the CPI........much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I also bought 2 turq bath sheets for less than my wine bill for the week.
How good a deal that was might depend on how much you drink though:rotfl:...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
You couldn't make this up. :rotfl:
The discussion is about what the 'real' rate of inflation is at the moment. I gave my experience.
Sorry if you find reasoned debate a reason for mirth - but then I understand you also find it funny when people are threatened with loosing their homes so I guess I shouldn't really expect any better.I think....0 -
It might not be affecting you, buts it is affecting everyone I know, thats, everyone.The discussion is about what the 'real' rate of inflation is at the moment. I gave my experience.
Sorry if you find reasoned debate a reason for mirth - but then I understand you also find it funny when people are threatened with loosing their homes so I guess I shouldn't really expect any better.
I won't say its making everyone I know sob into their hot chocolate, but it is some of them (the ones who have no savings, or no spare in their income), even where I live, which is a pretty well'ish off place. Because we have oil fired heating and live in a rural area, so cars are used alot, it is being mentioned, often.Freedom is not worth having if it does not include the freedom to make mistakes.0 -
The discussion is about what the 'real' rate of inflation is at the moment. I gave my experience.
Sorry if you find reasoned debate a reason for mirth - but then I understand you also find it funny when people are threatened with loosing their homes so I guess I shouldn't really expect any better.
Firstly, I don't find it funny when people are threatened with losing their homes.
Secondly, if you make a statement like " So overall I wouldn't say inflation is currently a problem." then expect to be ridiculed.
You seem somehow not to have experienced sizeable price rises in food, electricity, gas/heating oil and petrol/diesel. However, I can assure you that the rest of the country most certainly has.
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Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
PasturesNew wrote: »I went out of my way to go to Asda this week, as I'd not been for months. I found myself with quite a trolley of smartprice goods. But I was in there to buy ethnic-labelled spices and fresh vegetables to try a bit more of this annoying cooking lark.
...............................
Maybe they were down Lidls getting cake/crisps cheaper or something
The vegetables are cheaper and fresher in Lidls, but you have to get their early as these sell out.;)RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
I did my lowest margin shop at Asda today and they have got rid of a lot of smart price lines.
I had to get OH some tees for work. I bought 8 pure cotton tees for less ££ than 48 pouches of cat jelly. I also bought 2 turq bath sheets for less than my wine bill for the week.
I don't think Brits fully appreciate the link between the cheap t shirts and the expensive petrol (but maybe they are getting there). The cheap clothes etc are made in India & China where oil is subsidised and therefore oil is heavily in demand. The expensive food (in part) is due to the heavy demand for oil in the countries making the cheap T shirts (making the production of food expensive because of fertilizer & pesticide costs and making the Americans produce ethanol from corn and wheat). When the Chinese & Indians stop giving away cheap oil, what will happen then?
Will oil prices & food prices fall? How much damage will have been done in the meantime to Western economies?
So anyway, you are not really getting a cheap T shirt you are paying for it through the pumps, through food and through your gas and electricity.0 -
I've seen 3 cuts in my mortgage rate recently and kids (and adults) clothes are also a lot cheaper. Also I will fairly soon need a new tv and prices for an entry lcd seem to be about half what they were 18 months ago. Broadband and mobile contracts are also much cheaper. Gas and electric prices are still a little bit down over the last 12 months so it is only really the government administered prices (council tax, water rates, tv licence, car tax) and petrol and food that are up (and I have found a sneaky 6% discount at Sainsburys for both of these).
So overall I wouldn't say inflation is currently a problem.
Hi
I appreciate what you are saying. We have benefited from interest rate cuts, we don't drive much and I capped our gas & electricity in 2005 until 2010. So our personal inflation does not seem that high. However, the surrounding panic in the economy makes us all for feel scared - job insecurity:eek: and we all know that the government must start reducing its spending, which is not going to be pretty.:o0 -
neverdespairgirl wrote: »Ah - but you forget, HPI isn't inflation, and isn't therefore included in the CPI.....
It is interesting to see that the CPI and RPIx are now registering faster rises than the RPI. Wonder why? :beer:Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith0 -
Sir_Humphrey wrote: »It is interesting to see that the CPI and RPIx are now registering faster rises than the RPI. Wonder why? :beer:
Must be the Green Shoots of Recovery.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0
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