guitarman001 Posted November 16, 2011 Share Posted November 16, 2011 Did anybody just see the ITV News? Some reporter asked Mervyn King what he can tell homeholders (!?) to make them feel better about the economy. OK, so nobody else matters then. What DOES seem to be more and more certain is that they want to print more and more money... and your house fund is going to go to nil. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted November 16, 2011 Share Posted November 16, 2011 Did anybody just see the ITV News? Some reporter asked Mervyn King what he can tell homeholders (!?) to make them feel better about the economy. OK, so nobody else matters then. What DOES seem to be more and more certain is that they want to print more and more money... and your house fund is going to go to nil. and the price of food?....if this follows through to the hyperinflation stage, then your house price is going to be the last thing on your mind. Quote Link to comment Share on other sites More sharing options...
Giordano Bruno Posted November 16, 2011 Share Posted November 16, 2011 Did anybody just see the ITV News? Some reporter asked Mervyn King what he can tell homeholders (!?) to make them feel better about the economy. OK, so nobody else matters then. What DOES seem to be more and more certain is that they want to print more and more money... and your house fund is going to go to nil. homeholders? That's probably because he, she, or it, realizes that until the mortgage is paid off they are not really homeowners. As a despicable renter I'll just skulk off in shame. Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted November 16, 2011 Share Posted November 16, 2011 homeholders? That's probably because he, she, or it, realizes that until the mortgage is paid off they are not really homeowners. As a despicable renter I'll just skulk off in shame. Indeed - so-called "homeowners" only need to be concerned by the value of their house and interest rates because they're mortgaged to the hilt. Real homeowners shouldn't have to worry. If house prices fall, then if they want to move their lower sale price will be fine as the house they wish to buy will be cheaper. Try explaining that to 95% of the population. Their heads explode. Quote Link to comment Share on other sites More sharing options...
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