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About caparn
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HPC Regular
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Omission Of Repossession Data - Land Registry Reply
caparn replied to Papa Lazarou's topic in House prices and the economy
I would certainly like to see the prices including repossessed houses. If I was in the market for a house I would consider repossessions just as much as normal sales so this should be included in the index. The only reason I can see to exclude these prices is to protect house prices by not revealing the true story. -
You can't have inflation of essentials like food and electricity without wage inflation and expect other items dictated by demand alone to keep their price. Hence house prices are falling. And when people see the price falling they don't seem such a good investment so people stop buying them as investments. The financial markets is riddled with positive feedback that causes boom and bust.
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Quantitative Easing Is Destroying Uk Economy And Savers
caparn replied to OnlyMe's topic in House prices and the economy
I wish people would stop knocking QE. It's most peoples hope that the houses they purchased will go up in value and that they can afford to pay the mortgage. I have a massive mortgage, obtained through a liar loan and far more than the banks should have let me borrow but as I have a job and the interest is less than 1% on it it is easily affordable in fact I've never felt like I've had more money. If interest rates went up to 5% I would find it really difficult to pay my mortgage, it would be very close to my take home pay and the house might be repossessed. As it is the repayments are easy -
Quantitative Easing Is Destroying Uk Economy And Savers
caparn replied to OnlyMe's topic in House prices and the economy
Well as Stephanie Flanders said when she was in Japan, if this is QE not working then bring it on. They have a very high standard of living there. QE is the only hope I have that my massive liar loan mortgage will not go into negative equity. -
Come On, China, Buy Our Stuff!
caparn replied to interestrateripoff's topic in House prices and the economy
Yes, the average Chinese person will want to save their money as they have to pay for their own healthcare out of a very meagre wages. But there are over 1 million millionaires in China who do have plenty of spending money -
What Is The Definition Of Poverty Line?
caparn replied to worried1's topic in House prices and the economy
And from what source do you base your findings? -
What Is The Definition Of Poverty Line?
caparn replied to worried1's topic in House prices and the economy
Poverty and poverty line are two completely different things. Child poverty is defined as a household income of less than 60% of median income. Listen to this Radio 4 - More or Less - 08/05/2011 from about 0:13:20 it gives quite a good explanation. It is in fact more of a measure of income inequality than anything else. -
They May Even Pull It Off This Time..?
caparn replied to Trampa501's topic in House prices and the economy
Of course the governement can keep house prices at the current level just by increasing the money supply as necessary. That's not to say that house values won't crash, the important figure to look at is house prices relative to inflation. House values are currently plummeting even though the price is remaining the same. The value of your money in the bank is also plummeting at the same rate due to the BOE policies of increasing the money supply through QE. monetary inflation -
Ecb Sees "substantial" Effect From Cheap Money
caparn replied to interestrateripoff's topic in House prices and the economy
Yes, It's simple, historic charts of money creation vs inflation prove that there is a direct link. But most economists refuse to admit that the only cause of long term inflation is printing money. monetary inflation What's going to happen when the 3 year's is up? They are going to have to make another cheap loan offer, that's for sure. -
I vote stay the same (or near enough) the BoE will print as much money has they have to with QE measures or similar to increase the monetary base to create inflation to keep prices at their current level. Of course we may experience 6% or more inflation which really means house prices will decrease by 6% if their prices stay the same. The real thing to watch is how pay rises do/do-not keep up with inflation. The economy is contracting so it is doubtful that they will match inflation. Monetary Inflation
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How Much Is A House Worth? Looking To Make An Offer.
caparn replied to redgenieuk's topic in House prices and the economy
The prices based on a 2000 price are often unreliable. Different areas and different house styles will have risen by different amounts. The best thing to do is to find recent sold prices of similar houses nearby. -
Is this about the regulation where they actually will check what you earn before they lend you the money? I really want to have a laugh and try to see people find any problems with that regulation.