-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Nobody's Rep
Environment
Brexit
Lack of investment in core industries such as steel manufacturing etc
Economy
Etc etc
I'd add cognitive dissonance to that list as biggie:
'The discomfort is triggered by the person's belief clashing with new information perceived, wherein the individual tries to find a way to resolve the contradiction to reduce their discomfort.'
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Citizen's Nephew
I'd add cognitive dissonance to that list as biggie:
'The discomfort is triggered by the person's belief clashing with new information perceived, wherein the individual tries to find a way to resolve the contradiction to reduce their discomfort.'
That has gone straight over my head and not sure if you are having a go at me or not 😂😂
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Nobody's Rep
That has gone straight over my head and not sure if you are having a go at me or not
No, I'm not having a go. I was concerned you might think that. It's something I believe a lot of people on here practice. It's worth reading about. I find this interesting. Sorry, mate. I've talked about this stuff before. I'm actually agreeing with you.
https://www.simplypsychology.org/cog...issonance.html
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
goats
Is Netflix, at what 8.99 a month actually deemed a luxury these days? It’s less than 2 pints in a pub…..some saving if you ditch it, that £100 a year….
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
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
A Quiet Monkfish
You're 33 and moan constantly. You've probably got another 50 odd years of moaning in you. Why don't you go to France or Germany and moan there if you don't like it here so much.
Old people like you made it much much harder to move countries after the catastrophically stupid brexit vote...
-
Re: Interest rates up 0.5%!
When you think about it, if we can't moan on a football forum, no matter what our age, socio-economic group, ethnicity, gender, political leanings etc. when can we moan? In fact where can we moan? We're football supporters, it's what we do.
-
Re: Interest rates up 0.5%!
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
North Cardiff Blue
How well are you doing, got your own house in a resonable area?
If so you are a champagne socialist and they are the worst kind!
For the fourth time on this forum I'll ask, what's the exact amount of wealth I should have before I can complain about inequality in the UK? I repeatedly get called a champagne socialist or told I'm just jealous of the wealthy.
So come on, step up and tell me.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Citizen's Nephew
No, I'm not having a go. I was concerned you might think that. It's something I believe a lot of people on here practice. It's worth reading about. I find this interesting. Sorry, mate. I've talked about this stuff before. I'm actually agreeing with you.
https://www.simplypsychology.org/cog...issonance.html
Cheers will have a look 👍
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
goats
Is Netflix, at what 8.99 a month actually deemed a luxury these days? It’s less than 2 pints in a pub…..some saving if you ditch it, that £100 a year….
I have that sorted, got my daughter to pay for it :hehe::hehe: so its free for me
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Doucas
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
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
ABLUEBIRD
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:hehe:
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
blue matt
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
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Doucas
Old people like you made it much much harder to move countries after the catastrophically stupid brexit vote...
Catastrophically stupid in your opinion.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
North Cardiff Blue
Light the blue touch paper and
:popcorn:
No one can argue with it.
Japan have had stable house prices since 1997 because they won't accept mass immigration.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Lither_1927
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?
-
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
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Lither_1927
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.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
The Bloop
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.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Lither_1927
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.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
dml1954
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?
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
The Bloop
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?
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Lither_1927
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?
-
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
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
The Bloop
Not that difficult to work out that there are more factors involved than a simple migration policy.
Things like condition, size, location and affordability of housing, combined with changes to household make-up - especially the change to smaller and more fragmented households with more single people and childless couples, more elderly people needing sheltered or supported housing, and an explosion in domestic and foreign student numbers over the past three decades.
When I was working in Council housing in the 1990s and 2000s there were tens of thousands of houses and flats in the midlands and north of England that stood empty because Councils couldn't attract tenants (condition not great but OK) - mainly because the homes were in the wrong place - where the jobs were two generations earlier. That was at a time of steady immigration.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Nobody's Rep
Environment
Brexit
Lack of investment in core industries such as steel manufacturing etc
Economy
Etc etc
Well let's pass on Brexit - that's been done to death on here. I'm no expert on steel but haven't we been shelling out £millions for decades to keep production going ? I've done nothing to harm the environment any more than the 20-30yr olds today, and the economy ? Let's try and forget party politics if we can, but since 2000 we've had a really good couple of decades. Less of the MCG please !
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Eric the Half a Bee
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?
The net immigration to the UK over the past decade is 2,000,000. The UK has built 1.8 million homes. So there should be enough - in broad terms anyway. But only a tiny majority of those 2,000,000 are taking out mortgages and living in their 'own' homes;. They are either renting privately or through PSH. This pushes rents up from the bottom. A big change in the last 15-20yrs is the number of single people buying homes and living alone. Again this puts pressure on supply and prices go up. Finally, for 14 years interest rates have been ridiculously low following the 2008 crash. Buying a home - or perhaps put better - paying a mortgage - had never been so cheap. Again, this pushes prices up.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Eric the Half a Bee
Are there any more topics other than football, economics and politics that you also haven't got a clue about?
:hehe: He's right about the gold, haven't noticed his football knowledge!
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
A Quiet Monkfish
The net immigration to the UK over the past decade is 2,000,000. The UK has built 1.8 million homes. So there should be enough - in broad terms anyway. But only a tiny majority of those 2,000,000 are taking out mortgages and living in their 'own' homes;. They are either renting privately or through PSH. This pushes rents up from the bottom. A big change in the last 15-20yrs is the number of single people buying homes and living alone. Again this puts pressure on supply and prices go up. Finally, for 14 years interest rates have been ridiculously low following the 2008 crash. Buying a home - or perhaps put better - paying a mortgage - had never been so cheap. Again, this pushes prices up.
This is 100% wrong.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
A Quiet Monkfish
The net immigration to the UK over the past decade is 2,000,000. The UK has built 1.8 million homes. So there should be enough - in broad terms anyway. But only a tiny majority of those 2,000,000 are taking out mortgages and living in their 'own' homes;. They are either renting privately or through PSH. This pushes rents up from the bottom. A big change in the last 15-20yrs is the number of single people buying homes and living alone. Again this puts pressure on supply and prices go up. Finally, for 14 years interest rates have been ridiculously low following the 2008 crash. Buying a home - or perhaps put better - paying a mortgage - had never been so cheap. Again, this pushes prices up.
House prices will go down now, it's house price inflation that interest rate increases specifically target, and it slows the economy as people stop borrowing to extend and stop remortgaging while adding debt to buy cars and expensive holidays that they can't really afford.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Doucas
This is 100% wrong.
He's 50% wrong paying a £100K mortgage has never been cheaper, as interest rates were at their lowest ever level.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Doucas
For the fourth time on this forum I'll ask, what's the exact amount of wealth I should have before I can complain about inequality in the UK? I repeatedly get called a champagne socialist or told I'm just jealous of the wealthy.
So come on, step up and tell me.
You seem to like the idea of being a champagne socialist, if so you should have an upper class lifestyle a £1million house plus, £300K plus in the bank with an luxurious preppy lifestyle drinking champagne all the time, is that you?
I thought you couldn't buy a house because they are too expensive because all the hard working old people have bought them all, so cheap and it's so unfair?
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
SLUDGE FACTORY
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
Fancy a politician doing something because it's popular? Isn't that what happens in a democracy?
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
SLUDGE FACTORY
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
Tory vermin …. it wouldn’t matter what policies they brought in whether good or bad just because of the party they represent.
I’d never vote for the current Labour government under Starmer.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Eric the Half a Bee
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?
Ah right, so it's infinite GDP chasing population growth until Britain is covered in concrete? Lol
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
North Cardiff Blue
:hehe: He's right about the gold, haven't noticed his football knowledge!
He's right that Gordon Brown sold UK gold reserves between 1999 and 2002 (so it can hardly be seen to have caused what happened in 2009), but it was only about half of them, not the lot as he states.
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
North Cardiff Blue
You seem to like the idea of being a champagne socialist, if so you should have an upper class lifestyle a £1million house plus, £300K plus in the bank with an luxurious preppy lifestyle drinking champagne all the time, is that you?
I thought you couldn't buy a house because they are too expensive because all the hard working old people have bought them all, so cheap and it's so unfair?
No it isn't me, but I've been told on this forum I am a champagne socialist, I've also been told I'm just jealous. All I've said is I'm doing alright.
So for the fifth time, what is the exact amount of wealth I should have before I can complain about inequality.
Where did I say I couldn't buy a house? Is it harder to buy a house now than it was in the 70s, yes or no?
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
TWGL1
Tory vermin …. it wouldn’t matter what policies they brought in whether good or bad just because of the party they represent.
I’d never vote for the current Labour government under Starmer.
And I would never vote Tory
You clearly would
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
Lither_1927
Fancy a politician doing something because it's popular? Isn't that what happens in a democracy?
It's not going to do anything at all to deal with this recession
She's lying and she's full of shit
And the next prime minister
-
Re: Interest rates up 0.5%!
Quote:
Originally Posted by
dml1954
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.
What I find fascinating with the tories on here is the weighting they place against various issues. So for example we have a £50 billion brexit bill to pay in addition to the £31 billion+ brexit is estimated to have cost in lost trade as of Q1 2021 (source - https://www.itv.com/news/2022-06-09/...research-finds) and probably a lot more on top of that, but this isn't a problem.
In addition the tories have added on around £1.4 TRILLION to the debt pile (the majority of this was before covid) via economically illiterate policies, this isn't a problem either.
But Gordon Brown cost us what, £10 billion 15 years ago and this is the problem! Incredible stuff.