New Posts For Thread: Pensions aren't the ticking timebomb - rents arehttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-areForget about party politics - this really is a problem; and if the figure is £43bn, it's a massive problem.What are the powers that be doing to address this?.https://www.theguardian.com/money/blog/2017/dec/02/pensions-timebomb-rents-homeownersOf course, there is also the issue of landlords' tax evasion which is estimated to cost the Treasury up to £1bn pa. (Various studies have put the figure between £180m and £1bn).https://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554923611#554923611Of course, there is also the issue of landlords' tax evasion which is estimated to cost the Treasury up to £1bn pa. (Various studies have put the figure between £180m and £1bn).Tue, 03 Jul 2018 08:21:20 -0500The average wage in Reading won't be as much as £30k.Just said on the London news that the average salary in the capital is £28,560. Londoners haven't had a real pay rise for 15 years.https://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554875617#554875617The average wage in Reading won't be as much as £30k.Just said on the London news that the average salary in the capital is £28,560. Londoners haven't had a real pay rise for 15 years.Wed, 27 Jun 2018 16:45:02 -0500I have to say that although I'm not a fan of the Guardian this article echoes concerns I've had for a few years about the situation.For many of us the capital released from selling our houses will hopefully provide sufficient to keep us in a comfortahttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554849231#554849231I have to say that although I'm not a fan of the Guardian this article echoes concerns I've had for a few years about the situation.For many of us the capital released from selling our houses will hopefully provide sufficient to keep us in a comfortaSun, 24 Jun 2018 12:55:22 -0500Another hike in interest rates is forecast in July or August. Households have high levels of debt, so I think a 20% fall is possible but I wouldn't be trying to call the market.https://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554844263#554844263Another hike in interest rates is forecast in July or August. Households have high levels of debt, so I think a 20% fall is possible but I wouldn't be trying to call the market.Sun, 24 Jun 2018 06:49:53 -0500does anyone think there is any possibility that house prices in this country will fall significantly? seems for years now everyone thinks they are far over valued but they just continue to rise and rise.https://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554844095#554844095does anyone think there is any possibility that house prices in this country will fall significantly? seems for years now everyone thinks they are far over valued but they just continue to rise and rise.Sun, 24 Jun 2018 06:24:23 -0500Thank you for the link, Cider, obviously cheap £ is a factor - you can stand on a street corner all day and sell fivers for £4.50 - but not the main driver of the FTSE rising.Im in tech (NASDAQ index) Cider : https://tradingeconomics.com/stockshttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554843339#554843339Thank you for the link, Cider, obviously cheap £ is a factor - you can stand on a street corner all day and sell fivers for £4.50 - but not the main driver of the FTSE rising.Im in tech (NASDAQ index) Cider : https://tradingeconomics.com/stocksSun, 24 Jun 2018 03:29:48 -0500Here's just one article on it, ub .http://www.cityam.com/260961/why-ftse-100-rises-sterling-falls-explained-two-chartshttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554843277#554843277Here's just one article on it, ub .http://www.cityam.com/260961/why-ftse-100-rises-sterling-falls-explained-two-chartsSun, 24 Jun 2018 02:48:40 -0500Cider - I'm more optimistic. The stock market is rising, but only as fast as that of say Italy or the USA - the cheap £ isn't the driving factor. As the BoE Governor says: depreciations are essentially how a country makes itself poorer.Get all yourhttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554843251#554843251Cider - I'm more optimistic. The stock market is rising, but only as fast as that of say Italy or the USA - the cheap £ isn't the driving factor. As the BoE Governor says: depreciations are essentially how a country makes itself poorer.Get all yourSun, 24 Jun 2018 02:14:38 -0500Everyone has a roof over their heads tonight. So building more houses won't solve anything while the balance of the market weighs so heavily in favour of buy to let. It is a political crisis of inaction; solving it would mean prices falling, which wohttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554843241#554843241Everyone has a roof over their heads tonight. So building more houses won't solve anything while the balance of the market weighs so heavily in favour of buy to let. It is a political crisis of inaction; solving it would mean prices falling, which woSun, 24 Jun 2018 01:59:30 -0500the government needs to build more housessupply and demandincrease the supply, and all the other costs will go downhttps://community.betfair.com/chit_chat/go/thread/view/94038/31422235/pensions-arent-the-ticking-timebomb---rents-are?post_id=554841283#554841283the government needs to build more housessupply and demandincrease the supply, and all the other costs will go downSat, 23 Jun 2018 15:59:05 -0500