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Everything posted by dances with sheeple
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I suppose forces, RAF and Army anyway have always provided "married quarters" and suchlike, I know RAF with wife/family on long postings got basically a free house on an estate that you would be mortgaged up for 25 years to buy now.
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They are joining up willingly, that is different to conscription, maybe they are against conscription even if they personally want to join?
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Or somehow link it to a "discount" on property when borrowing mortgage debt, that would probably get numbers up?
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THE GREAT BIG CHINA THREAD
dances with sheeple replied to winkie's topic in House prices and the economy
Is there a Chines version of HPC, or do the PTB not like things like that? -
Mortgage rates UK
dances with sheeple replied to PeanutButter's topic in House prices and the economy
You mean downward pressure? Another rate rise would certainly focus minds though, LOL. -
Mortgage rates UK
dances with sheeple replied to PeanutButter's topic in House prices and the economy
So the bubble could burst if the market gets it "wrong"? -
Londoners not leaving London shocker.
dances with sheeple replied to Trampa501's topic in House prices and the economy
That`s it, recent London buyers are basically f*ucked, buyers from years ago will just have their bottom lip sticking out for a while as prices correct back to some form of reality. -
Londoners not leaving London shocker.
dances with sheeple replied to Trampa501's topic in House prices and the economy
Less London bubble Money (Equity) floating about, so more Londoners are realising that they won`t be cashing in and buying three properties in "The North". Good news IMO, stats like these are worth watching (obviously there might be other ways to interpret this) because people milking the mega London bubble caused mini-bubbles up and down the country. -
Will we see the BoE return to QE in 2024?
dances with sheeple replied to Sn50 Coif's topic in House prices and the economy
That is suits on financial media, not "The World", someone on Bloomberg tonight was babbling about "getting down to 3.5%" and "12% returns from the stock market", or something like that, they are addicted to milking the sheeple and don`t want their money donkey to walk out of the stable. -
Yes, and targeting shipping routes could be seen as an easy way to make a statement about certain military actions that are going on just now, as well as disrupting the supply chains of those seen to be supporting it, but where this might escalate is if military escorts are put in place to protect shipping, that could open a real pandora`s box of geopolitical stress?
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Net Secured Lending Data - LPMVTVJ
dances with sheeple replied to Data Dave's topic in House prices and the economy
Thanks, -
Net Secured Lending Data - LPMVTVJ
dances with sheeple replied to Data Dave's topic in House prices and the economy
Which cards do that? Mine just does cashback. -
Charlie Munger has kicked the bucket
dances with sheeple replied to Si1's topic in House prices and the economy
Both did it because it was something they loved, the money is a by product of a process they enjoyed with people they enjoyed being with, that is what they say in interviews anyway, I see it the same as why is a very rich writer with multiple millions still writing, why is a rock star with multiple millions still performing? They must just enjoy doing the thing that also made them rich/famous? -
I think a lot of people will be coming off fixes starting next year? If rates stay at 5% or thereabouts through next year a sense of doom and panic will set in, the BOE will just follow the FED, the FED doesn`t want to drop rates and get caught in another inflation surge, that would make them look incredibly stupid. It might be better for HPC if they did drop rates and get caught out, having to hike again, but I don`t think they will cut unless the wheels are really coming off the economy, we are nowhere near that yet, people are still spending and they will go for it over Christmas with whatever they have left on the plastic IMO. For a lot of the UK public the hangover is something you worry about later, that is why rate rises have not had the effect they would have had 30 years ago, where the effect would probably have been more immediate. People have far too much access to different lines of credit now to just put the brakes on the economy overnight.