Unacceptable

[imagine]

It amounts to an erosion in our standard of living. Almost inevitable, unfortunately. What do you reckon?

for many,, already that standard of living is eroding in front of their eyes, this is is just another blow to them, and bit by bit there will be more dropping to the bottom,

it just cant go on this way indefinatly without a big bang

[lastlid]

for many,, already that standard of living is eroding in front of their eyes, this is is just another blow to them, and bit by bit there will be more dropping to the bottom,

it just cant go on this way indefinatly without a big bang

Didn't get a chance to reply to this. What will probably "give" is house prices.

[imagine]

Didn't get a chance to reply to this. What will probably "give" is house prices.

house prices are already suffering, i don't know about the rest of scotland and uk, but houses are not selling, those that do are sold at much less than their value a few year ago,those with mortgages are struggling to pay because of the increases in living costs,and find they are unable to sell to downgrade to a more affordable property and loan,and it can only get worse

[lastlid]

house prices are already suffering, i don't know about the rest of scotland and uk, but houses are not selling, those that do are sold at much less than their value a few year ago,those with mortgages are struggling to pay because of the increases in living costs,and find they are unable to sell to downgrade to a more affordable property and loan,and it can only get worse

Exactly. As people are paying out more on food and utility bills etc, they have less of their income to spend on housing.

[gWaPito]

Didn't get a chance to reply to this. What will probably "give" is house prices.

In the distant short term, yes ...long term putting money into bricks and mortar for me always the best place.

I grant you house prices have fallen in recent times, they will recover..that, im sure of.

Its like the folks who quickly sell there shares when value drops...really not a smart move....that's surely a time to buy or at least hang onto what you got

Btw...like its been said..pointless in my mind getting worked up over something you got no control over...for example, there latest fuel rises...not good, I know but, I compare what we pay here in UK and what folks pay in the Philippines for there utilities.... a whole bunch more I can tell you...no heating bills but they sure have electricity bills, they are monstrous.

Really, it could be a lot lot worse

[lastlid]

In the distant short term, yes ...long term putting money into bricks and mortar for me always the best place.

I grant you house prices have fallen in recent times, they will recover..that, im sure of.

Its like the folks who quickly sell there shares when value drops...really not a smart move....that's surely a time to buy or at least hang onto what you got

If people don't have any money because they have spent it on food and utility bills, then the prices of houses will drop.