maverick73
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Everything posted by maverick73
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They wont last, the Liberals will make a comeback with a local version of we are the world mandate... unfortunately the BoE have control over the money and the interest rate... they continue to say we need to build more... but really they need to raise interest rates... to reduce prices and give employees better bargaining power for salaries.... but they don't want to do it... they are happy to expense four day £1.2 million pound jolly to the US for its execs but they are not people centric... Hopefully Brexit happens and it is hard and nasty because it will open up the nasty can of worms being hidden, exposing the truth of the countries behaviours regarding people and money.
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What is it with the Fed raising IRs?
maverick73 replied to Si1's topic in House prices and the economy
Damm there goes my idea for a new toilet roll -
They are self centred ego driven...
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Want your own home, have wealthy parents
maverick73 replied to localhero1983's topic in House prices and the economy
All it shows is a political system engineered not to help but to leech. -
The Bubbly Bitcoin Thread -- Merged Threads
maverick73 replied to NatterJackToad's topic in House prices and the economy
It started at zero and it will go back to zero... too many suppliers and the currency can never work without central bank blessing. -
The House Price Crash has started ?
maverick73 replied to TheCountOfNowhere's topic in House prices and the economy
Nope... the current values are being underpinned by the UK's government loans, and central banks interest rates. -
it's all a money game...Germany accounts for 1/3 of the EU's economy machine, the UK accounted for 1/3 of the same. Germany's 1 & 2 biggest exports are to the UK & USA, while opening up in China. The US are renegotiating trade deals, the UK being the US sand bag will toe the line, and China's experiencing a money withdrawal, and heading back home to Washington.... hence the EU economy is gearing up for a crash.
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Child care, Housing, Food, lifestyle.... all cost money..... Unless they correct wages, human aspirations go out the window..... because only the few can afford it...
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Living the credit dream, on invisible money, but actual debt.... they are feeling rich today, gone tomorrow.... ?
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Benefits are a myth to me. If an average earner take in £2000 per month.. after tax... do they qualify for benefits? From my prespective they all come to bank pounds, and will leave accordingly. The ones who stay behind will expereince a squeeze, as inflation is chomping away at standard living costs... henec why food banks are becoming more the norm.
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Unfortunately, we're living in a supply and demand crux. Being within the freedom of movement, has driven up demand for accommodation, as many with prefer a UK life, over the other 27 member countries. Governments who propping up prices since Year 2000, with many MP's acting as landlords Low Interest rates to attract young into spending beyond means... forcing them into a continuous life of debt. It is what it is.
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If the government had true control of spending, they wouldnt not need to fleece the mass through back door taxes. They love low IR, it keeps the fake economics purring, as if it is the bees knees, rather than real the dog poo... homeless, unaffordables, low wage earners, middle classy in the over priced luxury boudoir... just a bunch mugs geared up for a burning ?
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The BoE mob are very silent these days.... all the hoo haa at the start of the year seems to have evaporated... ?
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UK earnings growth accelerates
maverick73 replied to hurlerontheditch's topic in House prices and the economy
Wages havent gotten better, or they would stipulate the actual increases. The laughable part is not a single media outlet actually publishes the actual value which stands at £523pw gross... £394.61pw net... now lets factor in rent, food, tax & bills... -
Is Prime London Crashing? - Merged Threads
maverick73 replied to Damik's topic in House prices and the economy
A crash would require 42.67% correction in values at a minimum to consider the salary; affordability situation. -
It's a buyer's market BBC breakfast
maverick73 replied to crazypabs's topic in House prices and the economy
What a load of BS... A buyers market comes after March '19.... when the UK's truth kicks in.... and follow the US to normalise its borrowing rates. -
Halifax Index September 2018
maverick73 replied to rantnrave's topic in House prices and the economy
At the end of the day the ... 20's have no savings, hence they cannot buy, and rent till... 30's have negative equity from help to buy, and in debt till... 40's have a job, bills, break even, expecting technology doom, end up in credit hell till... 50's think wealth is bricks, till... 60's have a pension that is insufficient to live in an over priced country, till... -
Halifax Index September 2018
maverick73 replied to rantnrave's topic in House prices and the economy
Its all bull. Halifax love to give a little bit extra ? for facts HM Land Registry Service is the only real credible source. All the rest is fictional... on what has been borrowed. -
UBS real estate bubble index
maverick73 replied to Horseradish's topic in House prices and the economy
I guess the subscribers to this site are not alone, when it comes to seeking a crash ?