DOOM™

[AtW]

Why in the present circumstances does a bit of inflation spell doom?

"The triple lock on the state pension was introduced by the Liberal Democrats in Government. It means that the state pension rises every year by the highest of price inflation, earnings growth or 2.5%."

Big increase for Govt - who will be paying for it? The young people who tried to Remain in EU and avoid inflation altogether...

DOOOMED!!!

[darmstadt]

Doom, I tell you, it's doom....LSE shareholders approve merger with Deutsche Börse | Business | DW.COM | 04.07.2016

[original PM]

https://en.m.wikipedia.org/wiki/Doom_(series)

[BrilloPad]

"The triple lock on the state pension was introduced by the Liberal Democrats in Government. It means that the state pension rises every year by the highest of price inflation, earnings growth or 2.5%."

Big increase for Govt - who will be paying for it? The young people who tried to Remain in EU and avoid inflation altogether...

DOOOMED!!!

Young people will be the biggest to benefit if house prices go down.

[psychocandy]

Off to Florida in Sept so more peed off about the exchange rate to be honest!

[ChimpMaster]

Rising inflation and falling interest rates?

Buy property.

[AtW]

Rising inflation and falling interest rates?

Buy property.

Yeah, buy property

More in a sister DOOM thread - "DOOM: 'The dominos are starting to fall in the UK commercial property market'" - forums.contractoruk.com/general/115717-doom-dominos-starting-fall-uk-commercial-property-market.html

[ChimpMaster]

Yeah, buy property

More in a sister DOOM thread - "DOOM: 'The dominos are starting to fall in the UK commercial property market'" - forums.contractoruk.com/general/115717-doom-dominos-starting-fall-uk-commercial-property-market.html

I repeat: buy property.

Not a stock-exchange listed property or REIT fund

[jamesbrown]

I repeat: buy property.

Not a stock-exchange listed property or REIT fund

This time it's different™.

Personally, I wouldn't be buying any property right now, commercial or residential, and especially not indirectly. Credit supply has taken valuations to a point where they're exceptionally high on the fundamentals (income multiples etc.) and credit supply alone probably won't take them much further. OTOH, sentiment (in the short term) and reductions in real income (in the next year) could take them much lower. In the longer term, I broadly agree, but it's difficult to see anything other than a correction in the SE/London in the near term, which is no bad thing (although, unfortunately, the Brits generally pull out as fast as they put in).