House prices and Liz Truss
Discussion
Avoiding NPE as I'm looking for a factual explanation not a political argument...
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Simpo Two said:
Avoiding NPE as I'm looking for a factual explanation not a political argument...
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Has Liz Truss moved in next door perhaps?A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Louis Balfour said:
Simpo Two said:
Avoiding NPE as I'm looking for a factual explanation not a political argument...
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Has Liz Truss moved in next door perhaps?A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Silvanus said:
Louis Balfour said:
Simpo Two said:
Avoiding NPE as I'm looking for a factual explanation not a political argument...
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Has Liz Truss moved in next door perhaps?A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Jim on the hill said:
Silvanus said:
Louis Balfour said:
Simpo Two said:
Avoiding NPE as I'm looking for a factual explanation not a political argument...
A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
Has Liz Truss moved in next door perhaps?A friend of mine who lets out three houses was planning to sell one last year, but decided not to because it had lost 30K in value 'because of Liz Truss'.
Now my take on it is that softening house prices are caused by higher interest rates which were introduced to curb the inflation which resulted from the rise in energy prices which resulted from the war in Ukraine. Liz Truss was a bit of a bull in a china shop but she wasn't in power very long and I thought that was all under the bridge a while back.
Who's right?
You are almost correct, apart from the inflation was caused by the money printing and government splurge and supply chain disruption related to Covid. Vlad was used as a convenient scapegoat just as much as Truss.
“She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
“She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
muscatdxb said:
You are almost correct, apart from the inflation was caused by the money printing and government splurge and supply chain disruption related to Covid. Vlad was used as a convenient scapegoat just as much as Truss.
“She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
Spot on. Putin was a common enemy to pin global inflation which government's lost control of. “She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
muscatdxb said:
You are almost correct, apart from the inflation was caused by the money printing and government splurge and supply chain disruption related to Covid. Vlad was used as a convenient scapegoat just as much as Truss.
“She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
Thanks, that's what I thought. He's what you might call a 'new socialist' and every time we meet he gets on to how beastly the Tories are. When I likened him to Frank Doberman he calmed down a little “She” did spike bond yields for a time but to pin it all on her is a paper thin level of analysis.
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