Originally posted by vetran
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Previously on "oh dear (tm): Generation rent: the housing ladder starts to collapse for the under-40"
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Originally posted by PurpleGorilla View PostOr you let one go like the US did with Lehman Brothers, and let the market correct. Should have done that with HBOS. None of this banking bail out tulip. Just need to stop listening to the b@nkers.
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oh dear (tm): Generation rent: the housing ladder starts to collapse for the ...
Originally posted by SueEllen View PostThe banks had to be bailed out unless you want to live like Greece...
Last edited by PurpleGorilla; 27 July 2015, 21:02.
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Originally posted by DimPrawn View PostYou can thank one Gordon Brown for the massive BoE debt, after his bank bailout frenzy. Enjoy paying it off over the next 50 years.
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You can thank one Gordon Brown for the massive BoE debt, after his bank bailout frenzy. Enjoy paying it off over the next 50 years.
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oh dear (tm): Generation rent: the housing ladder starts to collapse for the ...
Originally posted by DimPrawn View PostInterest rates will not rise, as it would tip the banks into the tulip. It's all about nursing the banks debt, keeping it safe an warm.
Last edited by PurpleGorilla; 27 July 2015, 17:04.
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Originally posted by DimPrawn View PostInterest rates will not rise, as it would tip the banks into the tulip. It's all about nursing the banks debt, keeping it safe an warm.
Banks will repossess lovely property from fooked BTLer and sell it at nice profit to first time buyers.
HTH
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Originally posted by AtW View PostBTL is not safe, it won't take long for complete abolition of tax relief on mortgage interest, plus interest rates WILL go up.
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BTL is not safe, it won't take long for complete abolition of tax relief on mortgage interest, plus interest rates WILL go up.
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Originally posted by unixman View PostFix pensions and watch BTL die.
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