KentVillan Posted September 28, 2022 Share Posted September 28, 2022 52 minutes ago, CVByrne said: I can't see many of the Landlords selling. As stated above they've had very favourable yields on these properties to date. They will get squeezed for sure. But sell the property and then do what with the cash? Let inflation devalue it rapidly? Put it into stocks and crash with those? Interest rates won't be staying high for too long. The recession will crush demand and result in a drop in interest rates by end of next year or early the year after I would say. This isn't a return to 5% rates for 5+ years. If you're forced into a sale, you're using the cash to cover day-to-day living expenses, debts, etc. not reinvest in stocks / savings. The BTL market is full of people who shouldn't be in it. Link to comment Share on other sites More sharing options...
Chindie Posted September 28, 2022 VT Supporter Share Posted September 28, 2022 The talk appears to be that the BoE has acted because a bunch of pension funds were about to collapse thanks to the Government's decisions. Which is a wonderful look. 1 1 Link to comment Share on other sites More sharing options...
KentVillan Posted September 28, 2022 Share Posted September 28, 2022 16 minutes ago, Chindie said: The talk appears to be that the BoE has acted because a bunch of pension funds were about to collapse thanks to the Government's decisions. Which is a wonderful look. It does feel a bit like there's 5 holes in the boat, and we've only got 4 thumbs between us 1 Link to comment Share on other sites More sharing options...
Popular Post Ingram85 Posted September 28, 2022 Popular Post Share Posted September 28, 2022 1 minute ago, KentVillan said: It does feel a bit like there's 5 holes in the boat, and we've only got 4 thumbs between us Just send in a SHA fan. Sorted. Just got to get the thumbs out of their sister first. 1 4 Link to comment Share on other sites More sharing options...
PieFacE Posted September 28, 2022 VT Supporter Share Posted September 28, 2022 (edited) 1 hour ago, mrchnry said: Bloke from the IEA on the news just now was blaming everything thats happening on the labour government in 2008. Thats gonna be the tory line isn't it. I've seen various tweets from Tory MPs stating that the market reaction was indeed due to fears of labour getting in Edited September 28, 2022 by PieFacE Link to comment Share on other sites More sharing options...
KentVillan Posted September 28, 2022 Share Posted September 28, 2022 Just now, PieFacE said: I've seen various tweets from Tory MPs stating that the market reaction was indeed due to fears of the labour getting in This is a great time to really establish exactly who the paid / moronic / unfailingly loyal outriders are. Someone needs to keep a list of everyone who trots out this line so we can hold them to it forever. 1 Link to comment Share on other sites More sharing options...
Popular Post ml1dch Posted September 28, 2022 Popular Post Share Posted September 28, 2022 "All the space she needs to own the moment" Beautifully damning. 4 10 Link to comment Share on other sites More sharing options...
ender4 Posted September 28, 2022 Share Posted September 28, 2022 1 hour ago, mrchnry said: Bloke from the IEA on the news just now was blaming everything thats happening on the labour government in 2008. I read that as a man in a furniture store blaming Labour before he went to eat some Swedish meatballs. 1 Link to comment Share on other sites More sharing options...
AshVilla Posted September 28, 2022 Share Posted September 28, 2022 4 minutes ago, ml1dch said: "All the space she needs to own the moment" Beautifully damning. Nobody does a better job of sticking the knife in than Sunak. Link to comment Share on other sites More sharing options...
Stevo985 Posted September 28, 2022 VT Supporter Share Posted September 28, 2022 13 minutes ago, PieFacE said: I've seen various tweets from Tory MPs stating that the market reaction was indeed due to fears of the labour getting in Crazy paradox that. The market reaction causes people to vote Labour, but the reaction was because of the prospect of labour getting in, but that prospect is only growing because of the markets, but the markets are only because of labour getting in 1 Link to comment Share on other sites More sharing options...
sidcow Posted September 28, 2022 VT Supporter Share Posted September 28, 2022 10 minutes ago, ml1dch said: "All the space she needs to own the moment" Beautifully damning. Did I say space? Sorry I meant rope. 3 Link to comment Share on other sites More sharing options...
Jareth Posted September 28, 2022 Share Posted September 28, 2022 You'd think at times like this we could not have a recess. The house returns 11th October, so two weeks more of self shafting tory actions, we'll be sunk by then. Link to comment Share on other sites More sharing options...
The_Rev Posted September 28, 2022 Share Posted September 28, 2022 They've already managed to sink the country in less than a month, and to think they had two weeks off for free because the Queen died. 1 Link to comment Share on other sites More sharing options...
The Fun Factory Posted September 28, 2022 Share Posted September 28, 2022 (edited) 1 hour ago, Jareth said: You'd think at times like this we could not have a recess. The house returns 11th October, so two weeks more of self shafting tory actions, we'll be sunk by then. Truss would be praying they don't return early. They will all go to the bars and plot to get rid of her. I wouldn't be totally surprised if the Tories press the panic button and force Truss out next year, and have Ben Wallace as a caretaker PM. Edited September 28, 2022 by The Fun Factory 1 Link to comment Share on other sites More sharing options...
Rolta Posted September 28, 2022 Share Posted September 28, 2022 1 hour ago, ender4 said: I read that as a man in a furniture store blaming Labour before he went to eat some Swedish meatballs. To be fair, I think people from the IEA groups are as credible commentators as a man in a furniture store craving Swedish meatballs. Link to comment Share on other sites More sharing options...
KentVillan Posted September 28, 2022 Share Posted September 28, 2022 Absolutely loving all the outriders trying to pin this on market fears of Starmer Link to comment Share on other sites More sharing options...
Popular Post Mark Albrighton Posted September 28, 2022 VT Supporter Popular Post Share Posted September 28, 2022 1 7 Link to comment Share on other sites More sharing options...
ml1dch Posted September 28, 2022 Share Posted September 28, 2022 Good work Tory voters. 1 Link to comment Share on other sites More sharing options...
Genie Posted September 28, 2022 Share Posted September 28, 2022 They don’t know what they’re doing do they 1 Link to comment Share on other sites More sharing options...
Genie Posted September 28, 2022 Share Posted September 28, 2022 1 Link to comment Share on other sites More sharing options...
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