Guest Charlie The Tramp Posted September 25, 2005 Share Posted September 25, 2005 I made sure 30 minutes before the supermarket shut I put 5p stickers on all of this produce and placed it right by the entrance. The management could not complain as I pointed out to them they might as well get a few extra pence then none. Just shows if the management could not work that one out that`s why the country is going to the dogs. Many lions led by donkies. Quote Link to comment Share on other sites More sharing options...
Casual Observer Posted September 25, 2005 Share Posted September 25, 2005 I made sure 30 minutes before the supermarket shut I put 5p stickers on all of this produce and placed it right by the entrance. The management could not complain as I pointed out to them they might as well get a few extra pence then none. Except I bet they were worried that no-one bought anything during the day - all waiting for happy-hour! Quote Link to comment Share on other sites More sharing options...
Without_a_Paddle Posted September 25, 2005 Share Posted September 25, 2005 (edited) Except I bet they were worried that no-one bought anything during the day - all waiting for happy-hour! I'm sure I saw a prog where the supermarkets often donated unsold (soft) drinks and sandwiches to the local handout centres for down and outs? Maybe they have stopped doing this because they were frightened of getting sued by someone who got food poisoning from eating a dodgy sarnie... ( eg by an 'ex BTL' turned 'down and out' maybe? Think of the yield on that dodgy chicken tikka roll) Edited September 25, 2005 by Without_a_Paddle Quote Link to comment Share on other sites More sharing options...
CrashConnoisseur Posted September 25, 2005 Share Posted September 25, 2005 So, what sort of costs are going to go up for somebody renting out houses in the near future? [Levy process] See 'Higher fee will bar poorest debtors from bankruptcy, says Citizens Advice': http://www.citizensadvice.org.uk/macnn/ind...ress-040123.htm In a letter to the consumer affairs minister Gerry Sutcliffe, Citizens Advice Chief Executive David Harker says plans for a hike in the fee run counter to government policy on debt and will mean prolonged misery for many who face a lifetime of harassment by creditors with no means to meet their demands. Quote Link to comment Share on other sites More sharing options...
beerhunter Posted September 25, 2005 Share Posted September 25, 2005 (edited) "reminds me of the 70s"Charlie, maybe you and I are the only ones here old enough to remember them.. No another old(ish) git here My take in interest rates and there direction… it doesn’t mater. If they go down (ie GB pressures the external members of the BoE), then in the short term things are okish… people are not so pressured by interest payments, but in the medium term inflation goes up, which results in unemployment rising, people are scared of loosing their job, so don’t spend including on housing… net result house prices fall. If interest rates go up, then people will have to spend more on interest payments, so unable to buy at x5 salary, house prices will drop to around x3. ie no matter which way interest rates go, the result is inevitable Personally I’d prefer them to rise… better for the savers, and possibly speeds up the crash. Edited September 25, 2005 by beerhunter Quote Link to comment Share on other sites More sharing options...
dog Posted September 25, 2005 Share Posted September 25, 2005 Just shows if the management could not work that one out that`s why the country is going to the dogs.Many lions led by donkies. My sentiments entirely. Fat stupid donkies! Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted September 25, 2005 Share Posted September 25, 2005 You can add me to the list of those old enough.The 1970s were a dreadful time. The only benficiaries were those with big loans who saw the the value of their debts eroded to a fraction of their original worth. The huge losers were those (like my Grandparents) living on fixed incomes who saw the value of their life savings remorselessly stripped away. This is what I'm scared of. Maybe I should buy some gold after all... Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted September 25, 2005 Share Posted September 25, 2005 This is what I'm scared of. Maybe I should buy some gold after all... Beware the Vested Interests. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted September 25, 2005 Share Posted September 25, 2005 You can add me to the list of those old enough.The 1970s were a dreadful time. The only benficiaries were those with big loans who saw the the value of their debts eroded to a fraction of their original worth. The huge losers were those (like my Grandparents) living on fixed incomes who saw the value of their life savings remorselessly stripped away. Actually did not interest rates keep pace with inflation? Or was that Thatcher's doing? Is there a graph of inflation versus interest rates in the 70s? Quote Link to comment Share on other sites More sharing options...
josh Posted September 25, 2005 Share Posted September 25, 2005 Actually did not interest rates keep pace with inflation? Or was that Thatcher's doing? Is there a graph of inflation versus interest rates in the 70s? No graph, but do have the raw data: http://www.eh.net/hmit/inflation/inflationr.php http://www.eh.net/hmit/inflation/ Input whatever range of years you want to know about. http://213.225.136.206/statistics/rates/baserate.pdf Quote Link to comment Share on other sites More sharing options...
Guest Charlie The Tramp Posted September 25, 2005 Share Posted September 25, 2005 Historical UK Inflation Historical Interest Rates mpc0509.pdf mpc0509.pdf Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted September 25, 2005 Share Posted September 25, 2005 Historical UK InflationHistorical Interest Rates mpc0509.pdf Thanks guys and.... cripes! Pick an interest rate at random and imagine what happens if people have to pay that! Anyone who's bought a place in the last few years is^H^H would be in deep deep doo-doo. Quote Link to comment Share on other sites More sharing options...
selkirk Posted September 25, 2005 Share Posted September 25, 2005 (edited) You must be joking!!!!!!!!That is the basis of my arrival at this forum, cost-push inflation being a major reason for rents to rise. TTRTR Rents are not set by landlords, nor by agents. Rents are are determined by the market. If landlord's costs rise, it does not follow that rents wiil increase. It is simply a matter of supply and demand. selkirk Edited September 25, 2005 by selkirk Quote Link to comment Share on other sites More sharing options...
Charlie Don't Surf Posted September 25, 2005 Share Posted September 25, 2005 2 reasons IRs will not be going down: 1. They will be almost the same as the US rates and next thing you know there will be parity between the dollar and sterling and we'll really be shafted 2. Inflation beleive it or not things are getting more expensive. It's not just oil Quote Link to comment Share on other sites More sharing options...
Portent Posted September 25, 2005 Share Posted September 25, 2005 TTRTRRents are not set by landlords, nor by agents. Rents are are determined by the market. If landlord's costs rise, it does not follow that rents wiil increase. It is simply a matter of supply and demand. selkirk Agreed. In fact rising costs will mean less money in peoples pockets. With so many empty flats looking for tenants then one possible outcome will be that tenants move to more desperate (i.e. cheaper) landlords. I think it's about now that the massive rise in amateur BTL starts to hit the professional landlord in the pocket. Quote Link to comment Share on other sites More sharing options...
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