Anyone else remember when interest rates were 15%?

Back in the early 90s under John 'ERM' Major? I can't be the only one that thinks house prices are utterly bats**t mental and that any deviation from the current approx zero interest rates will end in things going very pear shaped, very quickly?

Average London Gross income 34K / Average London house price 653K (thanks google). Combine that with an election (sorry) that will result in brexit or Marxism...

Posted By: Timmy_Goat on November 25th 2019 at 14:09:58

Message Thread

Anyone with an offspring or indeed yourselves if you haven’t purchased your own home (General Chat) - Augustus Pablo, Nov 25, 13:01:26
- It's annoying (General Chat) - Jester, Nov 25, 20:37:03
- Anyone else remember when interest rates were 15%? (General Chat) - Timmy_Goat, Nov 25, 14:09:58
  - I blame Thatcher. (General Chat) - MORDENCANARY, Nov 25, 15:58:23
  - Marxism? don't be silly. Labour proposes the same capitalist system with slight tweaks (General Chat) - Worzel Scrimmage, Nov 25, 15:29:28
    - I think "slight tweaks" (General Chat) - paulg, Nov 25, 16:59:57
      - a slight change in taxation for the richest 5% of the population is not marxism (General Chat) - Worzel Scrimmage, Nov 25, 17:43:01
        
        u must be one of the few people on the planet to believe (General Chat) - paulg, Nov 25, 18:09:44
    - John McDonnell said he wanted to end the capitalist system (General Chat) - Timmy_Goat, Nov 25, 16:11:02
      - do you really think he'd be able to do that? (General Chat) - Worzel Scrimmage, Nov 25, 16:13:20
        
        You don't think an election is public/parliament agreeing? (General Chat) - Timmy_Goat, Nov 25, 16:52:23
        
        the theory is that the spending will boost the economy (General Chat) - Worzel Scrimmage, Nov 25, 17:50:38
        
        even the bankers are beginning to see the sense in this (General Chat) - Worzel Scrimmage, Nov 25, 17:57:46
        
        and besides, companies always say it will stifle invesment when workers get rightsq (n/m) (General Chat) - Worzel Scrimmage, Nov 25, 18:06:27
- you set me thinking with that, but the Scrampton Jnrs are too young (General Chat) - Ralf Scrampton, Nov 25, 13:51:53
- Cheers, we've recently started one for for each our two girls (n/m) (General Chat) - KentonCanary, Nov 25, 13:51:10
- Yeah, I noticed that. (General Chat) - APB, Nov 25, 13:06:02

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