New Posts For Thread: House price inflation? Simple as this?https://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-thisCouncil house right to buy and House price inflation are both massively popular with voters. So if you want to win power; it’s a no brainer. You sell council houses, glamorize inflation, and make sure not enough replacement houses are built and suhe didnt totally nationalise them completely. 70%of rbs, 40% of another, 12% of another. he should have gone in and said 'you lot naused it - u need govt cash, so we're taking u over 100% at the share price'. what were their share prices - rbs 12p, lhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465163809#465163809he didnt totally nationalise them completely. 70%of rbs, 40% of another, 12% of another. he should have gone in and said 'you lot naused it - u need govt cash, so we're taking u over 100% at the share price'. what were their share prices - rbs 12p, lTue, 07 Sep 2010 08:28:20 -0500No you're wrong Brown DID nationalise the banks. Should have let them fail in my opinion... they need to learn from their mistakes not be rewarded for them at the tax payer's expense. But you're also right about crazy house prices meaning people dohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465158649#465158649No you're wrong Brown DID nationalise the banks. Should have let them fail in my opinion... they need to learn from their mistakes not be rewarded for them at the tax payer's expense. But you're also right about crazy house prices meaning people doTue, 07 Sep 2010 07:22:40 -0500theres a major point being missed here, punters.the problem is this. the cost of living in a house takes up far too much of a person/couples income. by the time the person pays their mortgage/rent, poll tax, utiliities, food, car costs, etc - how muchttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465141705#465141705theres a major point being missed here, punters.the problem is this. the cost of living in a house takes up far too much of a person/couples income. by the time the person pays their mortgage/rent, poll tax, utiliities, food, car costs, etc - how mucTue, 07 Sep 2010 01:46:28 -0500You can't just blame Thatcher for the lack of social housing. She has been of the scene for 20 years - she resigned in 1990.The last government had 13 years, a good working majority and the strongest post-war economic inheritance. If it had wantedhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465047237#465047237You can't just blame Thatcher for the lack of social housing. She has been of the scene for 20 years - she resigned in 1990.The last government had 13 years, a good working majority and the strongest post-war economic inheritance. If it had wantedMon, 06 Sep 2010 11:35:40 -0500The lack of social housing thanks to Thatchers right to buy scheme has left the young in this country, stuffed, facing living at home till their 30s or paying exorbitant private rentals and unable to afford to buy exorbitantly priced housing of theirhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465023809#465023809The lack of social housing thanks to Thatchers right to buy scheme has left the young in this country, stuffed, facing living at home till their 30s or paying exorbitant private rentals and unable to afford to buy exorbitantly priced housing of theirMon, 06 Sep 2010 08:04:47 -0500but 95% lending should be commonplace for the right borrower, who has a good steady income stream and no silly uinsecured commitments.Lenders protect themselves, in a steady market and a growing economy there is no problem with 95% mortgages. In todahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=465014625#465014625but 95% lending should be commonplace for the right borrower, who has a good steady income stream and no silly uinsecured commitments.Lenders protect themselves, in a steady market and a growing economy there is no problem with 95% mortgages. In todaMon, 06 Sep 2010 06:01:02 -0500I understand teh concerns. Maybe lenders could protect themselves by making maximum terms of 25 years and mayber reducing the income multiples they lend at.. Something needs to be done to help decent borrowers with good jobs and nmodest deposits. Thehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=463521605#463521605I understand teh concerns. Maybe lenders could protect themselves by making maximum terms of 25 years and mayber reducing the income multiples they lend at.. Something needs to be done to help decent borrowers with good jobs and nmodest deposits. TheThu, 26 Aug 2010 07:30:13 -0500Chisel,There is no problem with 95% loans if the market moves perpetually upwards. Any significant drop, though, and obviously the borrower is f*cked.https://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=463521073#463521073Chisel,There is no problem with 95% loans if the market moves perpetually upwards. Any significant drop, though, and obviously the borrower is f*cked.Thu, 26 Aug 2010 07:23:35 -0500Chilly How do you work that out then?The fact is that mortgages at 90-95% for the right people are not a problem. You are basically saying that mortgages at 85% are fine , and that it does not matter how much money they owe elsewhere on Car loans andhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=463509073#463509073Chilly How do you work that out then?The fact is that mortgages at 90-95% for the right people are not a problem. You are basically saying that mortgages at 85% are fine , and that it does not matter how much money they owe elsewhere on Car loans andThu, 26 Aug 2010 04:25:21 -0500I firmly believe that selling mortgages at rates of over 85% is not healthy for society. It means people will take their responsiblity as a debtor less seriously and generally take more risks. Saving for a deposit implies financial sense and a good ihttps://community.betfair.com/tradefair__financials/go/thread/view/94198/25626513/house-price-inflation-simple-as-this?post_id=463382549#463382549I firmly believe that selling mortgages at rates of over 85% is not healthy for society. It means people will take their responsiblity as a debtor less seriously and generally take more risks. Saving for a deposit implies financial sense and a good iWed, 25 Aug 2010 07:11:30 -0500