House prices DOOM

[cannon999]

yea but to give a simple example if the government doubles the amount of currency issued all they have done is increased the price of everything by 2 times. no extra wealth was created. printing money leads to inflation.

The government is not just 'printing' money. I don't think you quite understand how borrowing works.

[northernladuk]

The government is not just 'printing' money. I don't think you quite understand how borrowing works.

Just one thing of many....

[SeededLoaf]

and in the news this morning 1 in 9 are taking mortgage holidays.

That's those who can get through to the lender but this will be much higher.

What's next? PCP holidays on the Audi/BMW leases? Better still, get the banks to write the loans off as mis-sold and let the owners keep the cars.

[caffeine man]

and in the news this morning 1 in 9 are taking mortgage holidays.

That's those who can get through to the lender but this will be much higher.

What's next? PCP holidays on the Audi/BMW leases? Better still, get the banks to write the loans off as mis-sold and let the owners keep the cars.

Be interesting to see what happens to used car values on PCP cars. Car can be seized and sold. But if that happens across the country....


Sent from my iPhone using Contractor UK Forum