I was able to buy property -inc taking out a chunky mortgage- which I wouldn't have been able to afford before, or since.
Demand
- Thread starter Hilly
- Start date
glasshouse
Member
- Location
- lothians
When?
GeorgeK
Member
- Location
- Leicestershire
Cheap and easy debt eventually harms productivity by creating 'zombie companies' that aren't profitable but are kept alive with grants and loans. Too many drag the whole economy down and some argue it's a good thing to have a shock once in a while to clear out the trash rather than trying to support every business. Sooner or later there will need to be a bit of pain if we are to avoid stagnation.
In some ways farming has been a microcosm of this with subsidy keeping badly run, unprofitable businesses going year after year at the expense of the industry as a whole.
In some ways farming has been a microcosm of this with subsidy keeping badly run, unprofitable businesses going year after year at the expense of the industry as a whole.
- Location
- Scottish Highlands
which disney are you going to Paris or usa
Hilly
Member
- Location
- Scottish Borders.
thats just a scam made up by government'sNeither covid
so a small blip !
around here they never actually fell at all
it actually is free money
at the expense of savers and the value of everyone’s salary
debt will never be repaid, government have no intention of doing so, it’s just numbers
The (asset) rich are going to get richer out of this as they have ability to borrow to buy more assets that are inflating in value faster than the cost of the money
if i was a saver i would be spending savings on physical assets, land, propery, classic cars, art, gold ....... whatever .... anything but cash / bonds or shares etc
Hilly
Member
- Location
- Scottish Borders.
I’m open to that idea it would be very plausible if I could work out what for benefit ?
Inflation IMO. Brexit and Covid have been the excuse for price rises. Probably sub 5% CPI for a while but rising from current levels.
inflation - inevitable when so much money has been printed
its already happening
they will use tax to control it (already happening )and not interest rates imo
- Location
- Scottish Highlands
15% drop overnight isn’t that small a blip, is it?
irrelevant unless you had to sell the next morning!
the trend is property today is worth significantly more than it was in 2008
had you borrowed and bought at any point on that graph you would be richer today
had you saved cash over the same period you would be worse off
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- Location
- Buckinghamshire
If people new what the government get out of new house building on sites of more than 8 you will under stand why they are pushing it very hard
The larger sites that is were the new roads are being paid for
The larger sites that is were the new roads are being paid for
Steevo
Member
- Location
- Gloucestershire
Plus planning permission fees, extra council tax, business rates from the commercial space being built in the name of "sustainable communities" etc.
Councils may be getting less funding from government, but they're finding ways of replacing that by developing the land in their patch.
I can't work out how they suggest we are building less houses now than previously.....all I seem to see everywhere is housing developments springing up.
- Location
- Buckinghamshire
Section 106, and CIL payments, capital gains tax,
Had a quote from hsbc and this business could borrow £1.3 million from 1 to 25 years. Annual interest repayment would be £1,375 per month.
We are thinking of upgrading infrastructure so it would be used for a variety of things such as buildings etc but we do not need to list what it’s used for against the loan. The loan would be secured against existing assets. Is that a good rate? As we’ve only made one enquiry so far.
We are thinking of upgrading infrastructure so it would be used for a variety of things such as buildings etc but we do not need to list what it’s used for against the loan. The loan would be secured against existing assets. Is that a good rate? As we’ve only made one enquiry so far.
population control