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nohpc

Low Interest Rates Forever.

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Pound stabilised.

Prices slashed by 50% and still nothing selling.

Houses crashing and still nothing selling.

People losing jobs.

People taking pay cuts.

People taking working hour cuts or unpaid holidays.

Repeat the above on a global level.

Governments money being pumped into banks only a fraction of what was leant out.

There is no quick fix to the above plus once it is all fixed it will take a time for sentiment to return and for people to start borrowing again.

This is the logic I have used to lock into a tracker at BOE + 1.54 % .

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Pound stabilised.

Prices slashed by 50% and still nothing selling.

Houses crashing and still nothing selling.

People losing jobs.

People taking pay cuts.

People taking working hour cuts or unpaid holidays.

Repeat the above on a global level.

Governments money being pumped into banks only a fraction of what was leant out.

There is no quick fix to the above plus once it is all fixed it will take a time for sentiment to return and for people to start borrowing again.

This is the logic I have used to lock into a tracker at BOE + 1.54 % .

You should have sold instead

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Pound stabilised.

Prices slashed by 50% and still nothing selling.

Houses crashing and still nothing selling.

People losing jobs.

People taking pay cuts.

People taking working hour cuts or unpaid holidays.

Repeat the above on a global level.

Governments money being pumped into banks only a fraction of what was leant out.

There is no quick fix to the above plus once it is all fixed it will take a time for sentiment to return and for people to start borrowing again.

This is the logic I have used to lock into a tracker at BOE + 1.54 % .

I agree that BOE rates will stay low.

However, I think inflation will rise and we will have negative real interest rates.

The weaker pound will lead to more expensive imports and create inflation. The proposal to launch a round of quantitative easing, i.e. to print money, can only lead to higher inflation. In fact this is in part what it is designed to do.

We will have a period of recession and inflation - stagflation

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Too late now. But you could probably have bought them out for a couple of grand, instead of losing 30% on your asset value.

Repayments so low I'm just paying the thing off now and hopefully in 20 years time I'll turn around a nice capitol gain and get a good rental income. No other choice as far as I can see property will not be sellable for the next 5 years.

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  • 285 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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