In article , Mark
writes
On Fri, 9 Feb 2018 10:42:05 -0000, "tim..."
wrote:



"alan_m" wrote in message
...
On 08/02/2018 21:53, Vir Campestris wrote:
On 08/02/2018 16:52, Mark wrote:
a) We don't have ZIRP.

I'm saving for my retirement. I struggle to find something with a real
positive interest rate - one above inflation.

b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.

And it also discourages people from saving. Which means they'll all be
completely dependent on the few taxpayers left once they stop working.


People save by buying their second house as a holiday home when interest
rates are low.


the problem with that is that the value of homes is dependent on interest
rates

once interest rates return to normal you may see your capital purchase
losing value

Again you use the word "normal". What is a "normal" interest rate?
I would welcome a drop in house prices but I don't see it happening.

It happened when interest rates shot up to c14%
--
bert