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Post by Vinny on Mar 20, 2024 18:56:44 GMT
Call the election Mr Sunak.
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Post by johnofgwent on Mar 20, 2024 19:21:48 GMT
Too late
Inflation may be falling, but the antics of the BoE have hiked mortgage rates through the roof, and nobody in millionaires row (formerly known as downing st) gives a flying one. Nothing will aid the wallet of the average non labour voter this side of january and nobody is going to give him the chance to screw us further
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Post by thescotsman on Mar 21, 2024 10:06:45 GMT
Too late Inflation may be falling, but the antics of the BoE have hiked mortgage rates through the roof, and nobody in millionaires row (formerly known as downing st) gives a flying one. Nothing will aid the wallet of the average non labour voter this side of january and nobody is going to give him the chance to screw us further ...isn't it actually better to say the rate of increase has declined. Overall, prices are still going up and the general increases seen over the last 24 months haven't altered...some pricing has been flexible - fuel for example has gone down other pricing and costs are still going up. The trend though for prices/costs is still on the increase just not as steeply as before. For a general price drop over all the metrics then there would need to see significant deflation which you won't get. Hopefully the BofE will leave interest rates alone as finally they're back to what should be...what....a normalish interest rates for an economy/demographic of our mix. If nothing else just on the basis that most pensioners and savers will be getting a better return on their investments which will boost the economy.... |
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Post by thescotsman on Mar 21, 2024 10:20:11 GMT
Call the election Mr Sunak. ...is there anything worth voting for? Seriously, that's the point. There are two tribes saying basically the same thing....both just tinkering with the same messages....what's the point of an election when the resulting processes will not change and the resulting outcome achieving very little as it's predicated on managing the expectations of the majority percentile of the bell curve. The whole point of modern politics is to manage the expectations of the majority i.e. the middle ground. Our whole current political/judicial system is based on managing expectations in order not to have to actually govern. So help me out.....what's the point of calling an election? |
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Post by johnofgwent on Mar 21, 2024 11:44:10 GMT
Too late Inflation may be falling, but the antics of the BoE have hiked mortgage rates through the roof, and nobody in millionaires row (formerly known as downing st) gives a flying one. Nothing will aid the wallet of the average non labour voter this side of january and nobody is going to give him the chance to screw us further ...isn't it actually better to say the rate of increase has declined. Overall, prices are still going up and the general increases seen over the last 24 months haven't altered...some pricing has been flexible - fuel for example has gone down other pricing and costs are still going up. The trend though for prices/costs is still on the increase just not as steeply as before. For a general price drop over all the metrics then there would need to see significant deflation which you won't get. Hopefully the BofE will leave interest rates alone as finally they're back to what should be...what....a normalish interest rates for an economy/demographic of our mix. If nothing else just on the basis that most pensioners and savers will be getting a better return on their investments which will boost the economy.... I suppose your assessment of whether rates are too high depends on whether you think starter homes should be eight times a twenty something's salary |
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Post by thescotsman on Mar 21, 2024 12:16:47 GMT
...isn't it actually better to say the rate of increase has declined. Overall, prices are still going up and the general increases seen over the last 24 months haven't altered...some pricing has been flexible - fuel for example has gone down other pricing and costs are still going up. The trend though for prices/costs is still on the increase just not as steeply as before. For a general price drop over all the metrics then there would need to see significant deflation which you won't get. Hopefully the BofE will leave interest rates alone as finally they're back to what should be...what....a normalish interest rates for an economy/demographic of our mix. If nothing else just on the basis that most pensioners and savers will be getting a better return on their investments which will boost the economy.... I suppose your assessment of whether rates are too high depends on whether you think starter homes should be eight times a twenty something's salary yeah....well....to be frank I don't care anymore...I've stopped caring about these sort of issues because they're insoluble based on what this and previous administration's requirements over the past 30 years. I've paid a crap ton of tax over the past 40 years and now luckily I've no debt and finally interest rates are bringing worthwhile yields...so I'm happy...I don't care. The only comment I have is to say the cost of starter homes is a function of the market based on supply and demand....the basis of that market is the number of people demanding houses within specific regions....the population of the UK has been steadily increasing with that increase impacting most areas but asymmetrically....errmmmm....you see the issues so work the rest out for yourself....  |
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