Combinables Price Tracker

jendan

Member
Mixed Farmer
Location
Northumberland
you will have to explain that to me , im really only concerned about me but when I was paying 17% ish on o/d twas a fecking sight harder than paying 5% even though there was inflation along the way
I dont know how to explain it but Ed Conway on Sky did a good job(or maybe it was Simon Jack on the BBC)
 
rubbish - for businesses they have lead to growth and that's what pays the tax we need to support a social society

I think personal debt should have been MUCH better managed , regulated and limited however. This has created a huge problem now

They have led to a flight to assets for those who can afford them. However there is getting a bigger and bigger gap between richest and poorest in the UK.
 
It's just set a trap for a whole generation of first time buyers who think 1.5% mortgage rate is normal when 5 % is the norm !
Gone up to the hilt and on 2 -3 year fixes on 95% LTV and when they come off fix they will be in negative equity, history repeating it's self , , everything's cyclical .

I can see a time whereby a chunk of the equity in the house can belong to a third party and get frozen on retirement and maybe payable on death or something. Got to keep the show on the road but equally can't have people running out of money...
 

SFI - What % were you taking out of production?

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