dpg50000

There'll be limited ones designed to seem generous but actually of no use. In case no-one's updated your LLM recently, the government is beyond broke and bond yields are many times higher than a few years ago.

Would still be a ripoff for a wooden shed.

Yields definitely crumbling 🤣 @Stewy conspicuous by his absence here. Wonder why? 🤣

What a totally unexpected response from you 🙄. TBH, I'm disappointed. Isn't AI supposed to learn and adapt itself so you can't tell it's not human.

You don't half talk some b****ocks. As if it is that easy.

Back to the original topic. Not sure what the point of the BOE sounding the alarm is, when (as others have pointed out) they helped cause the issue and do nothing to help resolve it. I still remember their alarm over a "terrifying rise" in car finance, for which they did precisely nothing to stop it.

As it should be. This relatively recent (last 10-15 years) culture of no-one taking any responsibility and whining for a government bailout when it goes wrong (and usually getting one, to be fair ☹️) is a pox on society. I just wish the recent lack of government assistance (again, relative) had been borne of a desire to make people think things through and stand on their own two feet more, not forced on them due to a lack of money and a crumbling pound.

Thanks for the link. Absolute nuts. That can't possibly end well.

Do you have a link for that? Sounds incredibly risky and unsustainable.

Ah, more reverse crumbling, eh @Stewy?

No, although I underestimated the initial calculation. 336000 is 97.65% higher than 170000. https://www.percentagecal.com/answer/336000-is-what-percent-of-170000

I honestly feel that this may be straw the breaks the camel's back. Tories have taken the p*ss once too often, and I suspect may be unelectable for at least 10 years.

LOL. Good to see the almighty economists were only 91% out with their job estimates. Clowns.

No figures or percentages, but I want there to be enough of a crash that people get fearful of buying property with huge mortgages, that BTL is largely killed off and that "can't go wrong with bricks n' mortar", "my house in my pension" gets removed from the national psyche.

Looks like a plateau to me 🤣

How to tell me you live in the South East without telling me you live in the South East 🙂 Houses in the NW of England (where I live) are out of kilter with earnings, but the situation is nowhere near as bad as you describe.

🤣

When food inflation went down to -0.1% for a month, you were banging on about deflation being here, and saying it was an annualised 1.2% drop. Yet, when houses fall 0.4% in a month (4.7% annualised), it's a plateau. Right......

Coming thick and fast now. Maybe the BOE will soon get its wished-for recession.

Wow. I wish my bank account balance was crumbling like these bond yields 🤣

Could you imagine Bailey, or anyone at the BOE, ever coming out with a clear statement like this? Yes, I know it's a case of watch what they do, not what they say, but still.... "Inflation continues to be too high, and I expect it will likely be appropriate for the Committee to raise rates further and hold them at a restrictive level for some time to return inflation to our 2 percent goal in a timely way," Ms. Bowman said.

Wish that also applied to the idiots who come on company calls with loudly barking dogs in the same room.

Unsurprisingly, our resident AI / uber troll chooses not to respond.....

On an annual basis, it's still up 9.9%. Some deflation.

Maybe if he argued well-reasoned points instead of uttering ********.