Interest rates WILL rise

[sasguru]

Was reading Anatole Kaletsky in the Times this morning. A guy who's generally got things right over a few years. He reckons inflation is back and here to stay on both sides of the Atlantic.
Interest rates are going to rise and this will be end of the housing boom. On the other hand your debt will be eroded faster.

[DimPrawn]

Come on guys make your minds up.

One minute the "experts" here are predicting deflation and a Japan type scenario and now it's back to good old inflation.

[wendigo100]

As I still have a mortgage, I prefer inflation.

Except that you've still got to get rate and wage rises to take advantage of it.

[Hart-floot]

Come on guys make your minds up.

One minute the "experts" here are predicting deflation and a Japan type scenario and now it's back to good old inflation.

Its starting to feel like my 1970's childhood. Middle East Wars, Oil Price shocks, 1976 style droughts, Labour in power and Stagflation round the corner!

Time to get on my Chopper bike and eat a Curly Wurly

[Bagpuss]

I'd love to see 15% interest rates again. When are the Tories when you need them?

[Pondlife]

Its starting to feel like my 1970's childhood. Middle East Wars, Oil Price shocks, 1976 style droughts, Labour in power and Stagflation round the corner!

Time to get on my Chopper bike and eat a Curly Wurly

Choppers were for chavs - Should have had a Grifter.

[DimPrawn]

Grifter was later.

[Clog II The Avenger]

Radio 4 news had a very confusing item on this. “ High Street sales of flat screen TVs pushed up the high street sales figures beyond expectations but other retail sectors were down. The Bank of England is concerned by the economy overheating and an interest rate rise seems inevitable.”

So this means that if some football fanatics go out and buy flat screen TVs, that is enough to warrant an increase in interest rates.

I think the government screws up the economy and they want to blame the public again, just like it’s the public’s fault that there is water shortage.

[sasguru]

I reckon we've seen the best of the property boom anayway. I'm going to cash in now on my buy-to-lets, pay off my mortgage, and invest the rest in a holiday home in an upcoming economy.
Accordingly have just rung the estatge agents to put them on the market.
Sorted.

[DimPrawn]

But house prices are going to rise forever. I told you that yesterday.

In the words of Mr T.

"I pity da fool that cashes in his buy-to-lets"