Interest rates up 0.5%!

[blue matt]

Re: Interest rates up 0.5%!

I don't know why people are ignoring this fact and just denying that financially selfish older generations have ****ed younger ones over big time.

as Mike Rutherford once sang, Every generation, Blames the one before ( always knew at some point in my life I could use that , today is the day )

its not a new thing, I can remember the old boys on site when I was a apprentice blaming the last generation for this and that

[goats]

Re: Interest rates up 0.5%!

Don’t know mate I’m old and don’t have Netflix, nor a £30+per month phone contract or Sky at what £60 plus , you see how it all adds up

Not to old to sign up on here though after all these years…..it’s free all this knowledge you’ll gain

[Citizen's Nephew]

Re: Interest rates up 0.5%!

as Mike Rutherford once sang, Every generation, Blames the one before ( always knew at some point in my life I could use that , today is the day )

its not a new thing, I can remember the old boys on site when I was a apprentice blaming the last generation for this and that

Yeah, but I think pretty much being responsible for a 6th extinction event is a bit of a biggie Matt and guarantees nobody will be writing songs about it. https://www.nhm.ac.uk/discover/what-...sixth-one.html

[xsnaggle]

Re: Interest rates up 0.5%!

Old people like you made it much much harder to move countries after the catastrophically stupid brexit vote...

Catastrophically stupid in your opinion.

[Lither_1927]

Re: Interest rates up 0.5%!

Light the blue touch paper and

No one can argue with it.

Japan have had stable house prices since 1997 because they won't accept mass immigration.

[goats]

Re: Interest rates up 0.5%!

No one can argue with it.

Japan have had stable house prices since 1997 because they won't accept mass immigration.

Don’t they have mortgages you pass on to your offspring, like 50 years or so?

[life on mars]

Re: Interest rates up 0.5%!

When you read through the post on hear you can see they are just base on hated of a specific party , somewhere in the middle of all this is the truth , global events effect the economy whatever party is in power its what folk call globalism or being party of a bigger environment like the EU , incredibility for such a small such a small island /land mass compared to the huge continents and countries we are the sixth-largest national economy in the world and equally importantly the eighth-largest by purchasing power .

Now take a look at the political parties that have ruled over us in the last 60 years and you may find one party has been in charge of for the majority of time including the public purse that controls the NHS , Education , Police , Security ,the next question one may ask are the majority in a desperate position ??

Could we do better of course we could ,have we become spoilt perhaps ?

Do other countries have it worse , well yes as our wealth is 6th out of 193 countries and some have been starving for decades as we just waste ??

Is there a worse cost of living and poverty crisis elsewhere compared to what we face now I guess the answer would be yes and has been for decades , do we really care because our mortgages go up whilst others live in dreadful housing around the world ??? are we only reacting now because we can feel it coming ??

By the way town was busy tonight and it wasn't full of millionaires zzzzzzzzzzz

[The Bloop]

Re: Interest rates up 0.5%!

No one can argue with it.

Japan have had stable house prices since 1997 because they won't accept mass immigration.

Eh?

Japan has also had stagnant wages and and a currency under increasing pressure from external factors such as rising fuel prices that is getting more difficult to manage. Their ability to service a debt at 250% of gdp isn't looking as easy as it used to be.
Can't see what their immigration policy has to do with the price of fish tbh.

[Lither_1927]

Re: Interest rates up 0.5%!

Eh?

Japan has also had stagnant wages and and a currency under increasing pressure from external factors such as rising fuel prices that is getting more difficult to manage. Their ability to service a debt at 250% of gdp isn't looking as easy as it used to be.
Can't see what their immigration policy has to do with the price of fish tbh.

Immigration and population numbers directly affect house prices. Japan are famous for rejecting mass immigration and their house prices have been stable since 1997. Not that difficult to work out.

[The Bloop]

Re: Interest rates up 0.5%!

Immigration and population numbers directly affect house prices. Japan are famous for rejecting mass immigration and their house prices have been stable since 1997. Not that difficult to work out.

Not that difficult to work out that there are more factors involved than a simple migration policy.

[Eric the Half a Bee]

Re: Interest rates up 0.5%!

Gordon Brown sold off all our gold reserves for a start, against everyone's advice and cost the country billions. You try to wriggle your way out of the mess Labour made of the economy by blaming it on a worldwide crash (which was at least partly caused by the actions of a labour government anyway) whilst at the same time blaming the Tories for the recent problems with the economy which have been caused by Covid and a war in Ukraine. Make your mind up. Labour backed most of the measures related to Covid and the war but notably voted against the will of the British people all the time during Brexit.

Are there any more topics other than football, economics and politics that you also haven't got a clue about?

[Lither_1927]

Re: Interest rates up 0.5%!

Not that difficult to work out that there are more factors involved than a simple migration policy.

All the other stuff is minor, the primary driving factor behind house prices is demand created by population numbers. Everyone needs a house to live in you see. UK embraced mass immigration and now millenials can't afford a home and we have a housing crisis.
Japan reject mass immigration and their house prices remained the same since 1997, enabling the next generation of their own population a chance to buy. Why are you attempting mental gymnastics in order to deny the blinding obvious?

[Eric the Half a Bee]

Re: Interest rates up 0.5%!

All the other stuff is minor, the primary driving factor behind house prices is demand created by population numbers. Everyone needs a house to live in you see. UK embraced mass immigration and now millenials can't afford a home and we have a housing crisis.
Japan reject mass immigration and their house prices remained the same since 1997, enabling the next generation of their own population a chance to buy. Why are you attempting mental gymnastics in order to deny the blinding obvious?

Two options:

1) As a country's population grows, so does house building, infrastructure, NHS services, schools etc to cope, creating more jobs and tax revenues as a result

2) As a country's population grows, don't build more housing and infrastructure and moan when services can't cope, resulting in workers struggling under pressure in their jobs.

Another question - how would you feel if, instead of immigration coming into the country, the UK had a sudden population boom. Would you feel the same about housing?

[SLUDGE FACTORY]

Re: Interest rates up 0.5%!

Truss thinks tax is the cause of the recession incoming

Sunak says its inflation

I don't like either of them as they are tory vermin but I think tackling inflation is the way to go

Truss is a right wing idiot who is calling for tax cuts across the board as its popular