State of the Market

[oliverson]

I must have imagined this then.

https://www.bbc.co.uk/news/business-57764601

The fact the source is the BBC is laughable enough but even if it wasn't, that article is 6 days old and predates the recent bank rate increase announcements.

[oliverson]

We all need to start the initiation of Plan B. For me that's a brains out perm job at 50k - 100% remote (i.e from a beach in the sun)

Some plan B!

As for the beach in the sun thing, that's a fantasy. Take it from me who's been doing it for a few years now, some of the year, and talking of sunshine! Malaga province, where I currently am.

https://www.surinenglish.com/malaga/...161044-ga.html

This is the second battering we've had in just a few weeks. No, over the next fortnight or so, they'll be back down on the beach with the workers and heavy machinery, clawing up all the cr4p that's been washed down from the mountains.

Not saying it's bad out here, but this whole 'beach in the sun' thing is a total fallacy, from a work perspective.

[SussexSeagull]

The fact the source is the BBC is laughable enough but even if it wasn't, that article is 6 days old and predates the recent bank rate increase announcements.

Are you saying that the BBC invented the Bank of England reducing interest rates by a quarter of a percent?

What announcements of interest rate increases are you talking about?

[eek]

Are you saying that the BBC invented the Bank of England reducing interest rates by a quarter of a percent?

What announcements of interest rate increases are you talking about?

Mortgage rates are up as the 5 year gilt price has risen

[coolhandluke]

Some plan B!

As for the beach in the sun thing, that's a fantasy. Take it from me who's been doing it for a few years now, some of the year, and talking of sunshine! Malaga province, where I currently am.

https://www.surinenglish.com/malaga/...161044-ga.html

This is the second battering we've had in just a few weeks. No, over the next fortnight or so, they'll be back down on the beach with the workers and heavy machinery, clawing up all the cr4p that's been washed down from the mountains.

Not saying it's bad out here, but this whole 'beach in the sun' thing is a total fallacy, from a work perspective.

You need to move

[willendure]

Mortgage rates are up as the 5 year gilt price has risen

BofE puts rates down, but mortgage prices go up (unless you happen to have a base rate tracker). Not what people expect is it? Cost of longer term capital is going to rise even more, in my view.

[sadkingbilly]

What has all this crap to do with 'the state of the market' ??

[oliverson]

What has all this crap to do with 'the state of the market' ??

Probably me pointing out that the state of the market is not likely to improve anytime soon, if ever, along with my reasoning why.

[oliverson]

You need to move

Thought about it but I'd miss the sea and mountain views, the 18 hole onsite golf course, several tennis courts and clubhouse, the pretty white pueblos, the usual lovely weather and generally relaxed way of life. But the fact remains, enjoying all of this whilst also servicing a full-time contract isn't easy, and I wouldn't be doing any of it from a beach, or in the sun.

[sadkingbilly]

Probably me whining as usual, along with my reasoning why.

reasoning? - yeh, - right!