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gwyndaf pritchard

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Of course they. The gov think tank is at work. The deal between the bank of England lending to gov is that on condition that the gov helps to create more mortgages via fist time buyers. Which is a lot of revenue for the banks, once you have a mortgage and on the property ladder you will borrow more in time and never go back to renting, so hooked for life. Trouble is the young ones have seen their parents paying all their life , including maintenace of 'their home' and lots of them splitting up because of high mortgage payments that could not be met sometimes. Can you blame them for opting for a less hassle free life where there is no comitment. Nice cars and holidays etc. Also the goverment are killing two birds with one stone, how many landlords will give up their investments selling up and flooding the market with cheap housing. Gwyn

From: gwyndaf pritchard 09 March 2017 19:20 PM

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