It’s horrible isn’t it? I live in the southeast – and someone has to work there…
Yep, my partner and I are fine and sorted. But we have kids aged 20,17, 15 and 15.
Mine will have some dosh from relatoves who have popped their clogs at convenient times. Hers might do, eventually… but despite them all having good earning prospects – I am not sure how this is going to work out, and kids having to rely on inheritance sucks.
We are told there are not enough new houses being built, but also that there are lots of empty houses, but perhaps not in the right places, and there seems little central will to alter things to push industry and tech start-ups to base themselves in lower cost areas. But the Market really is not going to sort this out.
When interest rates go down, loan multiples go up, money supply and house prices and then indebtedness goes up. Round and round goes the bloody great wheel. :evil: