Simon Lucy on Nostr: nprofile1q…s60lz That is a demographic trap. Higher multiplier mortgages don't ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msas60lz (nprofile…60lz)
That is a demographic trap. Higher multiplier mortgages don't frighten those that believe they have the prospects of higher (joint salaries) going on into the future.
It is a barrier both for the less confident and those that feel stuck below a £30k salary and don't see a way toward higher, even moderate earnings.
In that sense I don't think a cap would make that much difference. Interest rates definitely do.
That is a demographic trap. Higher multiplier mortgages don't frighten those that believe they have the prospects of higher (joint salaries) going on into the future.
It is a barrier both for the less confident and those that feel stuck below a £30k salary and don't see a way toward higher, even moderate earnings.
In that sense I don't think a cap would make that much difference. Interest rates definitely do.