What are Labour proposing to do to bring interest rates down?
Mortgage rates around the developed world are already far higher, we’re not immune to the same shit as everyone else after the great quantitative easing of the pandemic.
What are Labour proposing to do? Lower interest rates and help stoke house price inflation?
The big problem we have in this country is not enough houses are being built, the population has grown by 2m since 2020, average household size is around 2.4 people – we needed to have built 800,000 houses.
Oh and I remember Labour’s housing policy very well, I was trying to buy a house during the Labour years. In 1997 when Labour came to power (I was in my early 20s) the average house cost around £58,000, in 2010 they were around £178,000. They peaked at £195,000 just before the credit crunch.
It keeps getting better and better under the Tories doesn’t it? It’s almost like they don’t have a plan for anything at all. Apart from the plan to lay themselves and their rich mates.
This and similar crap is turning me off from Labour. It’s just dim. Anyone with half a brain cell will know historically interest rates are still quite low. And that the cause of the increase is mainly due to external factors not specific to the UK. Yet here they are, with their poorly informed soundbites.
It’s boring reading headlines like these
The BoE sets interest rates, not political parties
The BoE is independent. Interest rates are also up all over the world.
A headline like this makes me have a lesser opinion of Labour because it’s clearly nonsense and they’re misleading voters
How will Labour bring down global inflation and thus interest rates?
My mortgage this month has just switched to £500 a month more than it was 2 years ago. Inept fucking cunts.
Nothing to do with Tories. Central banks across the world are raising rates
Mental that some people in this thread genuinely think interest rates are high because of the Tories
Could you have a more basic understanding of economics?
10 comments
What are Labour proposing to do to bring interest rates down?
Mortgage rates around the developed world are already far higher, we’re not immune to the same shit as everyone else after the great quantitative easing of the pandemic.
What are Labour proposing to do? Lower interest rates and help stoke house price inflation?
The big problem we have in this country is not enough houses are being built, the population has grown by 2m since 2020, average household size is around 2.4 people – we needed to have built 800,000 houses.
Oh and I remember Labour’s housing policy very well, I was trying to buy a house during the Labour years. In 1997 when Labour came to power (I was in my early 20s) the average house cost around £58,000, in 2010 they were around £178,000. They peaked at £195,000 just before the credit crunch.
It keeps getting better and better under the Tories doesn’t it? It’s almost like they don’t have a plan for anything at all. Apart from the plan to lay themselves and their rich mates.
This and similar crap is turning me off from Labour. It’s just dim. Anyone with half a brain cell will know historically interest rates are still quite low. And that the cause of the increase is mainly due to external factors not specific to the UK. Yet here they are, with their poorly informed soundbites.
It’s boring reading headlines like these
The BoE sets interest rates, not political parties
The BoE is independent. Interest rates are also up all over the world.
A headline like this makes me have a lesser opinion of Labour because it’s clearly nonsense and they’re misleading voters
How will Labour bring down global inflation and thus interest rates?
My mortgage this month has just switched to £500 a month more than it was 2 years ago. Inept fucking cunts.
Nothing to do with Tories. Central banks across the world are raising rates
Mental that some people in this thread genuinely think interest rates are high because of the Tories
Could you have a more basic understanding of economics?