NoHPCinTheUK

So what you're saying is that someone from Milan can no longer move to Venice for study/work?

Stewy's plateau. He was right.

FoM?

The whole disinflation narrative hit a massive wall this week.

So the WorldBank says no cuts in 2025 either. 😮

In the commodities market Global Commodity Prices Level Off, Hurting Prospects for Lower Inflation https://www.worldbank.org/en/news/press-release/2024/04/25/commodity-markets-outlook-april-2024-press-release#:~:text=Between mid-2022 and mid,prices has remained essentially unchanged “Global inflation remains undefeated,” said Indermit Gill, the World Bank Group’s Chief Economist and Senior Vice President. “A key force for disinflation—falling commodity prices—has essentially hit a wall. That means interest rates could remain higher than currently expected this year and next. Assuming no further flare-up in geopolitical tensions, the Bank’s forecasts call for a decline of 3% in global commodity prices in 2024 and 4% in 2025. That pace will do little to subdue inflation that remains above central bank targets in most countries. It will keep commodity prices about 38% higher than they were on average in the five years before the COVID-19 pandemic.

Is this based on Land Registry data?

Any data available for us?

They will just build new ones.

The sad thing is that nothing will change. Even with Labour. They’re also a brunch of landlords.

SO stuff is basically unsellable. The only good thing to do would be banning this awful practice.

They’d love to sell their debt at 1%. Investors are telling them they won’t buy their crap and they want more for their money.

Something had to be done about what? XD

Looks like we’re back into mini-budget territory.

Tell us

I thought he wanted to fight the feudal system?

6pc for their monthly saver

Looking at their current offer, a 90pc LTV mortgage has hit 6%. Their 2y fixed was 5.6pc. 5y will be 5.5 at 90pc LTV For the 60pc LTV offering 2y 5.2pc and 5y 5pc

0.45 is for 2 and 5 y deals. 0.75 for shared ownership and shared equity. https://www.forbes.com/uk/advisor/mortgages/2024/04/24/mortgage-updates/#:~:text=TSB is increasing selected fixed,up to 0.75 percentage points. Another sign of Stewy’s plateau

40grand should be the price for a 1 bed flat in a former council estate. Yeah the ones now selling for 400k.

Stewy’s plateau here for you

A lot of people will have to actually do something productive if they want to eat. The age of putting 3 meals together everyday doing nothing is probably over.

What a load of nonsense. This is again magical thinking on HPC for you. The markets are moving in the opposite direction.

The Big4 are the McDonalds of the corporate world. Less than 30k for a grad job in London. They should be feeling embarrassed. Following something someone here suggested young accountants should just emigrate.

No. Not looking good. As I said the longer tail of the yield curve is going up and up and up. Good luck to all those who will have to refinance their debts in an inflationary scenario. It’s a recipe for financial ruin. We need US style mortgages now.