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Bank of England makes shocking decision on interest rates!!!
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Shame. I was hoping they would drop them to 0.25% to assist the beleaguered homeowners and the fledgling recovery.
Ah well, maybe next month.“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain” -
As SB says, it's so blatant it's all really to prop up in debted property owners and maintain property values (in sterling at least), that it makes buying property a very sensible thing to do.
If property prices rise, you make money.
If property prices fall marginally, we get more QE and sustained low interest rates, propping up their value.
You really can't lose this time.Comment
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Originally posted by DimPrawn View PostAs SB says, it's so blatant it's all really to prop up in debted property owners and maintain property values (in sterling at least), that it makes buying property a very sensible thing to do.
If property prices rise, you make money.
If property prices fall marginally, we get more QE and sustained low interest rates, propping up their value.
You really can't lose this time."Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Originally posted by DimPrawn View PostAs SB says, it's so blatant it's all really to prop up in debted property owners and maintain property values (in sterling at least), that it makes buying property a very sensible thing to do.
If property prices rise, you make money.
If property prices fall marginally, we get more QE and sustained low interest rates, propping up their value.
You really can't lose this time."A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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