Carney tells UK rates may rise this year

[RetSet]

+0.1% is a rate rise.

That would satisfy Carney's prediction whilst having SFA effect in the real world.

As others have said, check back here after the election.

[OwlHoot]

When debt is cheap, who spends their own money?

Exactly - Even a mega-rich cash buyer snapping up BTLs left right and centre would be well advised to mortgage at least some of their assets to end up with more.

[barrydidit]

I wouldn't mind buying the house that I rent if the Landlord could be pursuaded to get out of the way via higher taxes or some other scheme.

Could that 'other scheme' be you offering him a boatload of cash for it? Everything has a price

[d000hg]

Well you hot the nail on the head, there is no shortage of homes. There are just shortages in popular places

Shortage of homes in places people like to live is one thing. Shortage of homes in places people can live due to job availability is another. Plenty of houses up in the NE but it seems most people are already on the dole so moving more people up here isn't really going to help!

+0.1% is a rate rise.

That would satisfy Carney's prediction whilst having SFA effect in the real world.

As others have said, check back here after the election.

I can't see that. My prediction is a small rise to 0.75% to test the waters, before the election. Maybe very soon so it's not too recent when the election happens.

[rd409]

Shortage of homes in places people like to live is one thing. Shortage of homes in places people can live due to job availability is another. Plenty of houses up in the NE but it seems most people are already on the dole so moving more people up here isn't really going to help!
.

There are quite a few people on dole in SE as well. It might just be a good idea to move those to NE, and those who are fed up from NE and want to earn their bread, moved to SE. I think this might be a good idea. Social housing in premium locations should be temporary like 1-2 years, and then you are moved out to give someone else a shot at the job market. Those who cant be bothered can very well stay where they are.

[MicrosoftBob]

There are quite a few people on dole in SE as well. It might just be a good idea to move those to NE, and those who are fed up from NE and want to earn their bread, moved to SE. I think this might be a good idea. Social housing in premium locations should be temporary like 1-2 years, and then you are moved out to give someone else a shot at the job market. Those who cant be bothered can very well stay where they are.

Or if they insist on living in the SE move them to somewhere like the Isle of Sheppey

[VectraMan]

Shortage of homes in places people like to live is one thing. Shortage of homes in places people can live due to job availability is another. Plenty of houses up in the NE but it seems most people are already on the dole so moving more people up here isn't really going to help!

Though if employers in the SE can't get people, because nobody can afford to live there, they might be more inclined to move northwards. Which is how it should work but somehow doesn't.

[Platypus]

Though if employers in the SE can't get people, because nobody can afford to live there, they might be more inclined to move northwards. Which is how it should work but somehow doesn't.

There was a BBC programme about this recently, with Evan Davis, on the 'London Effect' explaining that companies like to cluster around other companies. While this has happened to an extent in Cambridge, the main focus is of course London.

[BrilloPad]

There was a BBC programme about this recently, with Evan Davis, on the 'London Effect' explaining that companies like to cluster around other companies. While this has happened to an extent in Cambridge, the main focus is of course London.

And for cities that struggle to stay afloat, like Birmingham, we could suck the life out of them by building a HS rail link to London.

But no-one would be that supid surely?

[Platypus]

And for cities that struggle to stay afloat, like Birmingham, we could suck the life out of them by building a HS rail link to London.

But no-one would be that supid surely?

Don't be daft ... everyone would commute to Birmingham. Or Londoners might move to Brummy Land where the schools are, I hear, excellent.