TheCountOfNowhere Posted December 16, 2015 Author Share Posted December 16, 2015 them at toilet types better hope the weather don't turn bad just are they list their 5 run down slave boxes Quote Link to comment Share on other sites More sharing options...
bendy Posted December 16, 2015 Share Posted December 16, 2015 Fair play for the poll but I doubt this was the place to get a 'national' picture Quote Link to comment Share on other sites More sharing options...
juvenal Posted December 16, 2015 Share Posted December 16, 2015 Express headline tomorrow? 'Joy for BTL landlords..'? Quote Link to comment Share on other sites More sharing options...
billybong Posted December 16, 2015 Share Posted December 16, 2015 Express headline tomorrow? 'Joy for BTL landlords..'? and a photo of a house. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 Express headline tomorrow? 'Joy for BTL landlords..'? IR's to fall. Savers money to be given to home buyers to keep and spend themselves. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 17, 2015 Author Share Posted December 17, 2015 Fair play for the poll but I doubt this was the place to get a 'national' picture I know, don't worry, it's very much tongue in cheek. Quote Link to comment Share on other sites More sharing options...
tcltk Posted December 17, 2015 Share Posted December 17, 2015 Outright owner so the sooner those silly prices come crashing, the better Quote Link to comment Share on other sites More sharing options...
BadAlchemy Posted December 18, 2015 Share Posted December 18, 2015 I'm worried that they won't. Likewise. The days of 'normal' interest rates seem just a nostalgic yearning for me now, or perhaps I only dream it in the first place?. I voted the first option. Bad form to talk about how much one has 'stashed' ? I don't think so. This is a forum of prudent, thinking, caring types wanting to protect themselves and not be a burden to anyone or leech off anyone else.. it just shows that low IRs kills money velocity and has the opposite effect to what the policy makers want and that given the chance the thinking public, threatened with the casual erosion of their life's work, will just carry on saving harder than before. Always was a saver but have spent the last seven or eight years saving more and diversifying more than ever before. Also making sure I pay as little tax as legally / legitimately as possible because I didn't vote for my taxes to be used to prop up a ponzi like this so that is all I can do to stop the fcukers getting their hands on my blood sweat and tears! Phew... that's better. Rant over Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 18, 2015 Author Share Posted December 18, 2015 We have a clear winner. The HPC demographic is saver, no debt, happy as larry and living a stress free life. Let's get them rates up up up. Poll closed. Quote Link to comment Share on other sites More sharing options...
winkie Posted December 18, 2015 Share Posted December 18, 2015 We have a clear winner. The HPC demographic is saver, no debt, happy as larry and living a stress free life. Let's get them rates up up up. Poll closed. ....and prices down......get back to some sense of normality. Quote Link to comment Share on other sites More sharing options...
pokercola Posted December 18, 2015 Share Posted December 18, 2015 My salary covers my mortgage 5 times so I think I could take a rate increase, my logic is that if it gets to the point where I am screwed, there are going to be plenty of other people ahead of me in the screwed queue! Would totally welcome a significant rate rise, even if it sent my flat tumbling in value as it would also send the 'next step' crashing. down. All I want is a spare bedroom and a garden, not too much to ask (or so I thought). Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted December 18, 2015 Share Posted December 18, 2015 My salary covers my mortgage 5 times so I think I could take a rate increase, my logic is that if it gets to the point where I am screwed, there are going to be plenty of other people ahead of me in the screwed queue! Would totally welcome a significant rate rise, even if it sent my flat tumbling in value as it would also send the 'next step' crashing. down. All I want is a spare bedroom and a garden, not too much to ask (or so I thought). Indeed the best thing that ever happened to me was interest rates at 15% in 1992 as a mortgage holder. It set up the dream scenario by 1995 of being able to trade up at a time when houses prices hit their post war low under the economic management of St John. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted December 18, 2015 Share Posted December 18, 2015 Can't answer. In some respects at the personal level I'm OK, but it's what happens within the wider economy where the problems will occur and the impact of that is unknown. Overall I can't say if I feel "safe" or not. Too many variables I have no control over. Quote Link to comment Share on other sites More sharing options...
The Preacherman Posted December 18, 2015 Share Posted December 18, 2015 I'm going to sit back and enjoy the spectacle. Quote Link to comment Share on other sites More sharing options...
Cosmic Apple Posted December 18, 2015 Share Posted December 18, 2015 Not really. I fixed 4 years ago at 3.79% which is quite high for a fix at the moment. It comes to an end in a year so unless rates rocket I'll probably be fixing bellow that level again, or going for a tracker as my mortgage is 10% of my take home (partner doesn't pay anything towards the mortgage, but could in a pinch and its around 18% of her take home). Would love rates to spike and a bit of a HPC time for a few years time, I'll be ready to move by then and would happily take a 20% hit on my place (bought 2011) to get 20% off the next place 2.5x the value (ish). Quote Link to comment Share on other sites More sharing options...
Rare Bear Posted December 18, 2015 Share Posted December 18, 2015 A rate rise would be nice, but deflation has the same effect for us retired folk. However, both deflation and a rate rise would be nicer. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted December 19, 2015 Share Posted December 19, 2015 I think it's funny - in the face of contradictory evidence - that rising short rates necessarily means longer rates also rise and mortgages rise. Mortgages rise bcos banks see greater profit. Not bcos overnight rates rise. In a disinflationary era. #turningjapanese Quote Link to comment Share on other sites More sharing options...
davidg Posted December 19, 2015 Share Posted December 19, 2015 Ha....0.25%......anyone worried about that has a big problem, How about: FED DOUBLES INTEREST RATES, SHOCK! Quote Link to comment Share on other sites More sharing options...
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