tonification Posted July 1, 2006 Share Posted July 1, 2006 We must be grateful for low interest rates. If the base rate were much higher than the current 4.5 per cent, the average first-time buyer might be able to pay for a mortgage, but he or she would not be able to eat. The possibility of prices coming down doesn't even come into it, apparently http://business.timesonline.co.uk/article/...2249267,00.html Quote Link to comment Share on other sites More sharing options...
dnd Posted July 1, 2006 Share Posted July 1, 2006 It's a very narrow, old-fashioned view of the world I think the media needs to hire new, younger jernos.... Quote Link to comment Share on other sites More sharing options...
CrashCrash Posted July 1, 2006 Share Posted July 1, 2006 The possibility of prices coming down doesn't even come into it, apparently http://business.timesonline.co.uk/article/...2249267,00.html bookmark it you might need in years time to point out what the media was saying Quote Link to comment Share on other sites More sharing options...
CrashConnoisseur Posted July 1, 2006 Share Posted July 1, 2006 (edited) I think the media needs to hire new, younger jernos.... The UK media badly needs someone with similar insight to Ireland's David McWilliams. Edited July 1, 2006 by Jeff Ross Quote Link to comment Share on other sites More sharing options...
Harry Sacks Posted July 1, 2006 Share Posted July 1, 2006 (edited) We must be grateful for low interest rates. If the base rate were much higher than the current 4.5 per cent, the average first-time buyer might be able to pay for a mortgage, but he or she would not be able to eat Not a ******ing clue!!! No suggestion of a possible link between credit expansion and high asset prises. You can see where this is heading, can’t you? Bitter disappointment for 70% of UK homeowners? So I suggested that she take out a bigger mortgage to release some of the equity. Sue is a bit nervous. What if house prices collapse? What if mortgage rates rise? She could end up in financial trouble. Oh bless the English middle class for considering these people as friends. WTF has it got to do with you, massive fanny, mind your own ******ing business. but she got a bit tetchy NO SHIT! The woman who wrote this is, IMO, totally ******ing useless in every aspect of her life, most notably her job; which she is extremely lucky to have, because, whatever 'unique skills' she claims to possess can obviously only be appreciated by her employer, probably her dad! I struggle to see what she's paid for, her article is nothing more than the twitterings of a typical, spoilt, overprivileged, clueless middle class drip! Unless, of course, she's a volunteer. Edited July 1, 2006 by dom Quote Link to comment Share on other sites More sharing options...
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