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I hope not. I want the CC to last for the rest of the New Lie term. That would be excellent timing as far as I am concerned, and the meagre .5 percent cut should help that pan out !!!.
We might be out of the woods by 2009.
Unfortunately the Mayan Calendar predicts the End of the World in 2010.
A question to the board: At what price does a house become neither a profit or a loss making asset when valued by its rental income generating capacity (or other net appreciating quantities in a house)? Make any necessary assumptions/averages for location, etc. I've heard it theorised on this board that rents are likely to remain more resilient than house prices, so surely, if true, this would also put a lower bound on the value of a house.
You'd think so, but given the paucity of credit there are too few buyers to support current levels.
Sentiment also plays a big part - if people are in the mindset that prices will fall they are going to be reluctant to buy no matter what rental value they can get.
You think we'll be out of the woods by end of 2009?
I hope not. I want the CC to last for the rest of the New Lie term. That would be excellent timing as far as I am concerned, and the meagre .5 percent cut should help that pan out !!!.
YES!! A financial advisor just said on the radio that HOUSING is about the safest place to have money at the moment. He agrees with me!!
A question to the board: At what price does a house become neither a profit or a loss making asset when valued by its rental income generating capacity (or other net appreciating quantities in a house)? Make any necessary assumptions/averages for location, etc. I've heard it theorised on this board that rents are likely to remain more resilient than house prices, so surely, if true, this would also put a lower bound on the value of a house.
It used to be that the only flesh showing on the field in American football was the pigskin. Then came cheerleaders, beer and hot-dogs to quicken spectators’ heart-rates.
Now fans - male ones at least - are looking forward to the ultimate in fantasy football with the creation of the all-female Lingerie League, featuring maximum glamour and minimum clothing.
Originally Posted by OwlHoot
We (contractors) may be. With a hell of a lot of upheavals and mergers etc, and companies not wanting to burden themselves with permies, shouldn't that mean more work for us?
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