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Daily Doom

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    Daily Doom

    Families lose £2,000 to inflation and low pay - Telegraph

    Families are suffering an “unprecedented collapse” in living standards as high inflation and low wages wipe £2,000 off typical household incomes, research has found.



    So.....we'll print another £500bn and let inflation finish the job.


    The BTLers with their subsidised interest free mortgages must be pissing themselves laughing.


    #2
    Originally posted by DimPrawn View Post

    The BTLers with their subsidised interest free mortgages must be pissing themselves laughing.

    And the irony is that it was them that caused the problem in the first place. Them and bankers (also rewarded). In fact everyone involved in the scam has been rewarded.

    Comment


      #3
      Originally posted by TimberWolf View Post
      In fact everyone involved in the scam has been rewarded.

      Comment


        #4
        People need to stop renting.

        Even if it means buying the smallest property they can buy, if everyone stopped renting the whole BTL scam would collapse within a few months as the landlords income disappeared.

        This would cause property prices to collapse and us cash rich bastards would clean up.

        Comment


          #5
          Originally posted by DimPrawn View Post
          People need to stop renting.

          Even if it means buying the smallest property they can buy, if everyone stopped renting the whole BTL scam would collapse within a few months as the landlords income disappeared.

          This would cause property prices to collapse and us cash rich bastards would clean up.

          Trouble is, now that savings have been confiscated, they couldn't afford a matchbox.

          Comment


            #6
            They need to go on rent strike.

            Takes the courts months to sort out evictions, during which the renter has had free accommodation, saving up enough for a deposit on a 99% mortgage.
            Feist - 1234. One camera, one take, no editing. Superb. How they did it
            Feist - I Feel It All
            Feist - The Bad In Each Other (Later With Jools Holland)

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