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TheCountOfNowhere

Boe Agents Visiting Estate Agents!

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read this...

http://www.northamptonchron.co.uk/news/business/property-news/market-thoughts-simon-bond-welcome-uplift-as-confidence-keeps-growing-1-5572047

" I had an agent from the Bank of England visit me last week to get a local steer as to how the housing market was moving forward and also to discuss pressing issues for companies..."

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I think Interest Rates, and Pop!

You can't bank on rates being so low forever! I wouldn't take on too much debt at the moment.

Actually I quite like Northampton really. My dad lives nearby. ;)

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Surely, the banner should say "*You'll* never get to work on time" as these people clearly have nothing better to do during the working day.......

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Surely, the banner should say "*You'll* never get to work on time" as these people clearly have nothing better to do during the working day.......

I'm sure they didn't come on the bus to protest. And Hardingstone is pretty much surrounded now and only a stones throw from huge Brackmills trading estate. Hardly rustic countryside being a mile or two from the M1!

Edited by aSecureTenant

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I think Interest Rates, and Pop!

You can't bank on rates being so low forever! I wouldn't take on too much debt at the moment.

Actually I quite like Northampton really. My dad lives nearby. ;)

you dont think its odd the boe are going round estate agents possibly giving them inside knowledge ?

Edited by TheCountOfNowhere

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I'm sure they didn't come on the bus to protest. And Hardingstone is pretty much surrounded now and only a stones throw from huge Brackmills trading estate. Hardly rustic countryside being a mile or two from the M1!

forget the nimbys ., the important point is on these boe "agents" has anyone heard of this before?i

there is something fishy going on :lol:

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<br />Saw this too in the Chron!<br /><br /><a href='http://www.northampt...homes-1-5581926</a><br /><br /><img src="http://www.northamptonchron.co.uk/webimage/1.5581925.1381734882!/image/4143759543.jpg_gen/derivatives/landscape_595/4143759543.jpg" /><br /><br />Old (tick)<br /><br />Fat (tick)<br /><br />Poor at artwork/signs (tick)<br />
<br /><br /><br />

surely they should be the Harlington INaction group

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forget the nimbys ., the important point is on these boe "agents" has anyone heard of this before?i

there is something fishy going on :lol:

Far more fun making fun of NIMBY's but back to topic. The BoE has twelve agents it seems.

http://www.bankofengland.co.uk/publications/Pages/agentssummary/default.aspx

The Bank of England has Agencies for Central Southern England, the East Midlands, Greater London, the North East, the North West, Northern Ireland, Scotland, the South East & East Anglia, the South West, Wales, the West Midlands and Yorkshire & the Humber. The Bank's assessment of current monetary and economic conditions, and the outlook for inflation, are contained in the Inflation Report.

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Sounds like TV detector vans for housing bubbles.

It's all token stuff, no doubt at all.

Their PR machine is hard at work telling us all that they "care" - -- and that they're "investigating"/doing "market research" [bla bla bla etc etc.]

............. And then they'll just carry on as they have done for the last 15 years --- and keep filling the bubble with more air..... [i.e. print more money]... and carry on ripping off savers and everyone else EXCEPT the "Housing" vested interests........ Know wot I mean...... nudge nudge...... w@ank w@ank...... :rolleyes:

Edited by eric pebble

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They are being vigilant and there is no bubble, just isolated cases of 10% per annum increases. The BoE have checked Northampton rigorously and there is no bubble there so there is no bubble in property prices.

Furthermore they have asked a Northampton estate agent if there is a bubble and he has said no, so that pretty much nails that there is no bubble

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Surely, the banner should say "*You'll* never get to work on time" as these people clearly have nothing better to do during the working day.......

These people are as thick as $hit.

1, Where do they think the people live now

2, Do they think that the people occupying the cars do not live nearby and drive cars

3, Same for schools doctors etc.

4, do they have kids (not by the look of them :lol: ) - Where do they live

5, They are just a bunch of racists - against anyone who doesn't live within their 5 square miles.

The people are here, immigrants will not stop coming just because there are no houses. They will share houses and still drive cars, use schools and buses etc.

If I ever return to the UK I am going to get thousands of leaflets printed explaining this and drop them through nimbys doors - the anti nimby stance.

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These people are as thick as $hit.

1, Where do they think the people live now

2, Do they think that the people occupying the cars do not live nearby and drive cars

3, Same for schools doctors etc.

4, do they have kids (not by the look of them :lol: ) - Where do they live

5, They are just a bunch of racists - against anyone who doesn't live within their 5 square miles.

The people are here, immigrants will not stop coming just because there are no houses. They will share houses and still drive cars, use schools and buses etc.

If I ever return to the UK I am going to get thousands of leaflets printed explaining this and drop them through nimbys doors - the anti nimby stance.

Well those silly NIMBY's could walk to work (if they work, which I doubt). Just cut across one of the remaining fields to Brackmills :lol:

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The whole article is all 'confidence returning to the market' and 'help to buy is doing great' blah blah. Then at the end he suddenly tails off into a distinct vibe he's struggling with his wages bill. :lol:

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Incredible. It's like the pilot of an A380 calling half a dozen residents of Slough on his mobile phone to ask how his approach to Heathrow is going.

Is it not obvious that now they have introduced 100% mortgages with base rate 2.5% below inflation and having indemnified the banks' lending risks ( and only for home purchases), there is just the slight chance of a house price bubble? Are they so f@**ing stupid that they can't join the dots without sending a few old duffers into the local community to ask what's going on?

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Are they so f@**ing stupid that they can't join the dots without sending a few old duffers into the local community to ask what's going on?

It could be the other way round - checking to see if they've done enough to get momentum outside of London.

They are looking at the bubble as a starter motor for everything else - as much as we're in the s**t economically there are a huge number of people who have not got debt who could be enticed in to debt.

Maybe they'll pull it off for a while - the challenge is applying the brakes.

HPC will come but not sure it's going to come in a format we would want or can do anything with.

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