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We Must Be Grateful For Low Interest Rates.

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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

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It's a very narrow, old-fashioned view of the world

I think the media needs to hire new, younger jernos....

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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 by dom

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  • 302 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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