Interest rates up 0.5%!

[Doucas]

Some people are like a 1970's telly you must keep smacking them before they see the picture!

And you said you’re not a liar you’re a clueless liar, read your own posts they are all dumb!

You've taken one sentence out of context I went on to say interest rates are another factor in house affordability in 1988 when I bought my first house interest rates were 9.8% and went up to 15.4%, by 1990, house prices went down a lot by the way, so us oldies had what’s called negative equity, things were tough, much harder than my parents had it, but I wasn’t on a Cardiff city club message board or equivalent crying about it.

Last year the rate I had on one property was 0.29% or 0.19% over the base rate (an old Woolwich now Barclays discounted rate from 2006).

So on a £100K mortgage in 1990 the interest payment alone was £15,400 per year, last year it was £290 per year.

Now I know house prices were less in 1990 but that’s to demonstrate to you how interest rates are the main factor in property ownership affordability.

Many people who are older than you have told you this many times on this thread alone, but you refuse to believe people who have actual life experience and are not getting their information from socialist websites.

Forgot to add on, you say £100,000.. you bought your your first property for £18,000 in 1976!! £8000 above average prices then and are telling us how so so hard it was.

You can't admit basic facts, you're a typical tory brexiter, I can't be arsed with you now. Bye.

[North Cardiff Blue]

Forgot to add on, you say £100,000.. you bought your your first property for £18,000 in 1976!! £8000 above average prices then and are telling us how so so hard it was.

You can't admit basic facts, you're a typical tory brexiter, I can't be arsed with you now. Bye.

Wake up where above did it say I bought my first house for £18,000 in 1976?

I voted remain, so don't make assumptions?

I bought my first house in 1988 for £34K tarted it up and sold for £42.5k six months later