Jump to content
House Price Crash Forum

February Rate Rise


Recommended Posts

0
HOLA441
  • 3 weeks later...
1
HOLA442
2
HOLA443
3
HOLA444

In this world I wouldn't be surprised if some Al Aqueda-linked Pakistani-madrassa trained UK-born yoofs linked to Iran's nookclear weapons program beheaded a brave, gallant Muslim-yet-right-white-and blue fish and chip-eating British-Muslim super hero and in the chaos that followed they cut interest rates in an attempt to help kitchen utensil retailers who'd been forced to withdraw meat cleavers from sale after a knee-jerk moral panic in The Sun.

Link to comment
Share on other sites

4
HOLA445
Guest grumpy-old-man
I reckon they'll be another in Feb .......................

you've put the mockers on it now.

go find that northern expression in the dictionary. ;)

Link to comment
Share on other sites

5
HOLA446
i think a 0.5% rise in one month would start the crash there and then! So i don’t think they will up it 0.5%.

Nothing suprises me anymore, the economists are getting it completely wrong, and after a series of 'shock' rises, house prices are still rising apparently. King has tried but failed so far to cool the market, it's time for some serious action.

Edited by HOUSEHUNTER
Link to comment
Share on other sites

6
HOLA447
7
HOLA448
In this world I wouldn't be surprised if some Al Aqueda-linked Pakistani-madrassa trained UK-born yoofs linked to Iran's nookclear weapons program beheaded a brave, gallant Muslim-yet-right-white-and blue fish and chip-eating British-Muslim super hero and in the chaos that followed they cut interest rates in an attempt to help kitchen utensil retailers who'd been forced to withdraw meat cleavers from sale after a knee-jerk moral panic in The Sun.

Nor would I................ :P

Link to comment
Share on other sites

8
HOLA449
Nothing suprises me anymore, the economists are getting it completely wrong, and after a series of 'shock' rises, house prices are still rising apparently. King may has tried but failed so far to cool the market, it's time for some serious action.

it would be physiologically bad, BTL would all start selling (would assume more 0.5% to come). Not to mention anyone not on a fixed rate will be paying nearly 10% more per month.

Link to comment
Share on other sites

9
HOLA4410
10
HOLA4411
11
HOLA4412
12
HOLA4413
In this world I wouldn't be surprised if some Al Aqueda-linked Pakistani-madrassa trained UK-born yoofs linked to Iran's nookclear weapons program beheaded a brave, gallant Muslim-yet-right-white-and blue fish and chip-eating British-Muslim super hero and in the chaos that followed they cut interest rates in an attempt to help kitchen utensil retailers who'd been forced to withdraw meat cleavers from sale after a knee-jerk moral panic in The Sun.

surely not before Cherie Blair makes an indiscreet comment about paedophiles not paying the congestion charge because of climate change, leading to EU subsidies on CCTV systems causing a French unions strike with hospital nurses striking in sympathy leading to H5N1 beating MRSA in a pandemic showdown causing everyone to perish except those in Guantanamo bay and Iran's nuclear facilities.

Which would, as it happens, mean house prices rising about 4% in 2007 according to experts.

Link to comment
Share on other sites

13
HOLA4414
Bring it on ........................ :lol:

i would love it too, but i don’t see Gordon letting that happen

i don’t even see the bank letting that happen

also i don’t see how some bankers, who probably own lots of property will let that happen!

I would estimate that a good way to accurately tell if a HPC is going to occur soonish is to find out the address of properties bankers own, specially those in the BOE that decide rates. Then check land registry to see if they are selling them. you will have a 2-3 month lag but i would assume the start of a crash would take longer than that.

Edited by cells
Link to comment
Share on other sites

14
HOLA4415
15
HOLA4416
16
HOLA4417
17
HOLA4418
18
HOLA4419
Ah yes,but will the rise be 0.25% or 0.5%?

I think the point is arriving where the next rise will be +0.5%

The reason is that when rates were 2.5% then a 0.25% rise was an increase of 10% on the interest rate. As the interest rate becomes larger, so the rate of increase decreases; if a 0.25% increase is used constantly. By the time we get to 5.25% base rates the real rise of 0.25% is now only 10% of the total.

Anyone still with me?

Therefore to have the same effect as the first rises of 0.25%, rates must start increasing by greater amounts.

I wouldn't mind betting a +0.5% 'shock' rise in March. :ph34r:

Link to comment
Share on other sites

19
HOLA4420
Nothing suprises me anymore, the economists are getting it completely wrong, and after a series of 'shock' rises, house prices are still rising apparently. King has tried but failed so far to cool the market, it's time for some serious action.

None of the rises are intended to control the housing market. That is not the main remit of the BoE. Making predictions on the basis of the market is basically pointless.

Link to comment
Share on other sites

20
HOLA4421
Guest Shedfish
According to Stuart Law,managing director of property investent specialist Assetz (!)

"We expect that wage inflation will be kept under control at 4% or less, while inflation is expected to drop back down to 2% by the end of the year. This, combined wiht falling energy pries, confirms that the eonomy is on an even keel and we are likely to the the Bank holding or lowering rates in the coming months"

VI? lol!

sounds more prayer than analysis :lol:

even so, the other day Betfa!r were offering such silly odds on a quarter pt cut i had to go 3 quid, as a kind of hedge against the howl of despair. if they do drug the hawks' tea i get 1300 quid or something.

Link to comment
Share on other sites

21
HOLA4422

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information