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  1. M

    [Finance] Housing Market

    I would like more leisure time, but don't expect to get it. In order to do so, we'd need to develop a movement calling for it and, beyond a few isolated cases, that's just not happening at present. Yes, technology has and continues to save many (though by no means all) forms of labour, and I...
  2. M

    [Finance] Housing Market

    I'll have a go, although still too much for me, regarding: 1, might be addressed by technology but I'd doubt it (a 'care' robot!?), so most easily dealt with through immigration -- you might see a certain problem there. The rate of population growth is actually declining. The debate over how...
  3. M

    [Finance] Housing Market

    I think you're mixing too many variables together in this post so find it difficult to respond, but if you can be more precise, I'll have a go
  4. M

    [Finance] Housing Market

    Worth adding that the BoE also indicated that their current expectation is that inflation will go above 7%.
  5. M

    [Finance] Housing Market

    You've more or less summarised the historical analysis of the evolution of in/equality produced by Thomas Piketty, and the growing research team around him. It was actually e20C that inequality went into reverse, and it started to grow again from about 1980. He's also very good at...
  6. M

    [Finance] Housing Market

    I bought in London in 97 and sold for 2.25x asking price in 02. My partner also bought in London in 94, and sold 4x in 02, but was in Hackney which was really cheap post-early 90s property crash (which IIRC was a far bigger correction than 08).
  7. M

    [Finance] Housing Market

    I feel for you, and understand your position, although I think the crash will only come when interest rates rise from where it is to somewhere between 2 and 5%. They've been at or below 1% since 2008, but historically were much higher. Interest rates will rise, but I doubt they'll rise by too...

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