Been to London lately? Fxckwit yourself, dickhead.I was laughing at the rediculousness of a £1.7 million semi detached 3 bed house
fukwit
Been to London lately? Fxckwit yourself, dickhead.I was laughing at the rediculousness of a £1.7 million semi detached 3 bed house
fukwit
A mortgage facility of mine is now 10.5% from May (up from 8.25%). Holy smoke!
Why mortgage rates are going up, not down
The cost of a new fixed mortgage has risen in recent days, defying many homeowners' hopes and expectations.www.bbc.co.uk
crazy isnt it . think i have one mortgage at thatA mortgage facility of mine is now 10.5% from May (up from 8.25%). Holy smoke!
Why mortgage rates are going up, not down
The cost of a new fixed mortgage has risen in recent days, defying many homeowners' hopes and expectations.www.bbc.co.uk
Oh well, the pensions will do well. Every cloud, and all that.Had a warning of a rate rise last week so had to do some quick loan paperwork to get the April rate on 30th. This wasn't supposed to happen but it appears that the wars have generated a far less stable normal.
Had a warning of a rate rise last week so had to do some quick loan paperwork to get the April rate on 30th. This wasn't supposed to happen but it appears that the wars have generated a far less stable normal.
Gold recently gaining ~20% in the space of a few weeks might also be seen as perhaps an indicator all is not well.I sense we’ve moved to a ‘perma crisis’ environment. Good for the oil shares though.
A mortgage facility of mine is now 10.5% from May (up from 8.25%). Holy smoke!
Why mortgage rates are going up, not down
The cost of a new fixed mortgage has risen in recent days, defying many homeowners' hopes and expectations.www.bbc.co.uk
Not meaning to go too off-topic but a pal of mine who is experienced in the financial markets has bought gold recently. With the US Dollar being the global currency and that country having a national debt of $34 trillion there could well be a move to a new international medium of exchange. He certainly hopes so!Gold recently gaining ~20% in the space of a few weeks might also be seen as perhaps an indicator all is not well.
Some people have been predicting this for the past 50 years : ) I can't see it but who knows.Not meaning to go too off-topic but a pal of mine who is experienced in the financial markets has bought gold recently. With the US Dollar being the global currency and that country having a national debt of $34 trillion there could well be a move to a new international medium of exchange. He certainly hopes so!
Gold recently gaining ~20% in the space of a few weeks might also be seen as perhaps an indicator all is not well.
That's spicy. On what sort of property?
A flat. In fairness, it’s fully offset so doesn‘t cost anything, but it’s indicative of potential trouble ahead. Rates aren’t going to fall as some hope IMHO.
Here in the UK, yes but in Euroland and the US the options look brighter
We’ll see. US debt levels and currency expansion are off the chart, gold rising, as touched on above. Trillions of reasons for the wheels to come off!
How long do you give it before the IR gets cut?
Interesting stuff.
so……good time to be a buyer or seller ?
Scary indeed... Something I am not completely convinced of: why would the COVID aid benefit the richest first and foremost as he says?An alternative view from Gary's economics as to why the rich will keep getting richer as they buy assets from everyone else, house prices and the stock market will rise and interest rates will go down:
And as a consequence this shift in wealth will continue to make the poor and then middle class poorer as the service economy is reduced as money is spent on assets. Pretty scary really. He does end with saying what people have been saying for years and years; the way out of this is to tax the rich more to redistribute the wealth and enable more public spending (MMT not considered or ignored for the purposes of getting the message out there).