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Freelance Mycophagist

You Think Hpi Is Bad In The Uk?

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"In the long term, property is a better hedge against currency depreciation than any other asset," Bard said in a recent report on the property market.

Inflation is a property investors friend.

Imagine those lovely houses. Bought on a mortgage a few years ago with 10% equity. Within a short period it's 95% equity & a miniscule loan.

Oh the joy!

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Inflation is a property investors friend.

Imagine those lovely houses. Bought on a mortgage a few years ago with 10% equity. Within a short period it's 95% equity & a miniscule loan.

Oh the joy!

http://business.guardian.co.uk/story/0,3604,843624,00.html

Now... TTRTR's...

It is altogether possible.. that they may drop the ball and not fight inflation with high interest rates...

but the quip from the above link

"Third, Mr King is nervous that homeowners may not realise that although low interest rates make mortgage repayments affordable, high inflation will not erode the value of their borrowing, as it did in the 1970s - and when they do catch on, house prices will plunge."

And has he changed his tune?

I won't insult your inteligence by quoting his remarks since.

If there were to be inflation, if I could buy into large debt and watch as wages grew and the debt "shrink£ I would have done so..

but long term borrowing has never been more expensive.

has it?

(and before the bragging starts I am not a rich man.. but my wages have always risen above inflation.. this is about the averages....)

Edit... oops.. wrong country...

but worth again trying to explain to TTRTR's why it is different this time.. well one of the reasons...

Edited by apom

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  • 301 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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