30-11-2018, 01:53 PM
31
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by Uncle Joe
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... By getting Councils to sell off their housing stock, stealing the money raised by the sales from the Councils and denying them the opportunity to replace such council housing stock, leading to the situation we no have - a severe 'social' housing stock - evil witch!!!
01-12-2018, 11:37 AM
32
Re: Today's Doom & Gloom - House Prices Dropping.
Now we seem to be denied access to the Military part of the Satellite business.Won't be getting back our share of the funding.
Still, we're probably OK as the Techies are likely to be in the UK.
Wonder what threats will be released tomorrow!
01-12-2018, 02:39 PM
33
Re: Today's Doom & Gloom - House Prices Dropping.
I don’t think it’s all doom and gloom TBH.My heart goes out to all those who cannot afford to get a deposit for their own home, especially as they have to rent when rents themselves are also ridiculously high and for most, either unaffordable or leaves them unable to save for a deposit. A vicious circle with no end. So any relief, such as a price drop, must surely help alleviate this nightmare scenario.
I am so fortunate to be in the position that we have paid off our mortgage and have no debt. We have no intention of ever moving so it wouldn’t really affect us. It wasn’t without sacrifice though. I well remember when interest rates rose to 15 per cent in 1989 for a year, it almost had us on our knees!.Again in 1992 they rose to 12 per cent and there were threats from the Tory government that it would rise to 15 per cent. Thankfully, it didn’t materialise.
So yes, anything, such as a house price drop, that helps youngsters and families present day to either scrape a deposit together for the joy of actually having a mortgage to eventually own their own home, or be able to afford a reasonable rented property, is to be highly commended.
01-12-2018, 02:48 PM
34
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by shropshiregirl
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I don’t think it’s all doom and gloom TBH.My heart goes out to all those who cannot afford to get a deposit for their own home, especially as they have to rent when rents themselves are also ridiculously high and for most, either unaffordable or leaves them unable to save for a deposit. A vicious circle with no end. So any relief, such as a price drop, must surely help alleviate this nightmare scenario.
I am so fortunate to be in the position that we have paid off our mortgage and have no debt. We have no intention of ever moving so it wouldn’t really affect us. It wasn’t without sacrifice though. I well remember when interest rates rose to 15 per cent in 1989 for a year, it almost had us on our knees!.Again in 1992 they rose to 12 per cent and there were threats from the Tory government that it would rise to 15 per cent. Thankfully, it didn’t materialise.
So yes, anything, such as a house price drop, that helps youngsters and families present day to either scrape a deposit together for the joy of actually having a mortgage to eventually own their own home, or be able to afford a reasonable rented property, is to be highly commended.
Have a look at this:-
https://www.telegraph.co.uk/property...t-time-decade/
01-12-2018, 03:33 PM
35
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by shropshiregirl
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i don’t think it’s all doom and gloom tbh.My heart goes out to all those who cannot afford to get a deposit for their own home, especially as they have to rent when rents themselves are also ridiculously high and for most, either unaffordable or leaves them unable to save for a deposit. A vicious circle with no end. So any relief, such as a price drop, must surely help alleviate this nightmare scenario.
I am so fortunate to be in the position that we have paid off our mortgage and have no debt. We have no intention of ever moving so it wouldn’t really affect us. It wasn’t without sacrifice though. I well remember when interest rates rose to 15 per cent in 1989 for a year, it almost had us on our knees!.again in 1992 they rose to 12 per cent and there were threats from the tory government that it would rise to 15 per cent. Thankfully, it didn’t materialise.
So yes, anything, such as a house price drop, that helps youngsters and families present day to either scrape a deposit together for the joy of actually having a mortgage to eventually own their own home, or be able to afford a reasonable rented property, is to be highly commended.
02-12-2018, 12:21 PM
36
Re: Today's Doom & Gloom - House Prices Dropping.
Falling property prices is not all good news.Look at the effect on the economy.
https://www.mortgageguideuk.co.uk/th...-prices-in-uk/
02-12-2018, 03:10 PM
37
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by Tregonsee
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Falling property prices is not all good news.Look at the effect on the economy.
https://www.mortgageguideuk.co.uk/th...-prices-in-uk/
02-12-2018, 03:14 PM
38
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by Solasch
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From which follows that brexit (with or without deal) is an economic disaster.
That will be OUR choice, not something imposed on us from Bruxelles !!!
02-12-2018, 03:24 PM
39
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by Tedc
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Now we seem to be denied access to the Military part of the Satellite business.Won't be getting back our share of the funding.
Still, we're probably OK as the Techies are likely to be in the UK.
Wonder what threats will be released tomorrow!
PESCO is intended as a mechanism through which to deepen defence cooperation amongst capable and willing EU Member States, specifically in capabilities development.
As noted above, any capabilities and assets developed under PESCO will remain under the ownership and control of the participating EU Member States, and will be made available to NATO and UN operations. It will not give the EU control over individual nations’ armed forces, including the UK.
As a voluntary mechanism the UK does not have to participate in PESCO. Indeed, it did not sign the Joint Notification on 13 November 2017.
Outside of the PESCO mechanism, however, the UK will have no decision-making rights or any veto over its future strategic direction, which has been openly acknowledged as greater EU integration in the field of defence.
Post-Brexit the Government has stated that it wishes to retain some sort of defence and security relationship with the EU, and specifically in capabilities development. It has long made clear its preference to keep the option of third party participation in PESCO, on a project-by-project basis
02-12-2018, 03:27 PM
40
Re: Today's Doom & Gloom - House Prices Dropping.
Originally Posted by Uncle Joe
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That will be OUR choice, not something imposed on us from Bruxelles !!!
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