Discussion
https://www.bbc.co.uk/news/articles/c4g7x5kl5l8o
Classic human tale. Over the last 30 years financiers and politicians have pumped accommodation costs to the max without a care for the consequences. What about those people that thought high house prices were great 20 years ago but were too short sighted to see what effect that would have on their kids. Now they've got 20-30 year olds at home staring down the barrel of a 40 year mortgage or 2x the value of the mortgage repayments if they rent.
Classic human tale. Over the last 30 years financiers and politicians have pumped accommodation costs to the max without a care for the consequences. What about those people that thought high house prices were great 20 years ago but were too short sighted to see what effect that would have on their kids. Now they've got 20-30 year olds at home staring down the barrel of a 40 year mortgage or 2x the value of the mortgage repayments if they rent.
Franco5 said:
https://www.bbc.co.uk/news/articles/c4g7x5kl5l8o
Classic human tale. Over the last 30 years financiers and politicians have pumped accommodation costs to the max without a care for the consequences. What about those people that thought high house prices were great 20 years ago but were too short sighted to see what effect that would have on their kids. Now they've got 20-30 year olds at home staring down the barrel of a 40 year mortgage or 2x the value of the mortgage repayments if they rent.
Nah dude, You're just having a " weren't our parents lucky bds " rant, this too will pass.Classic human tale. Over the last 30 years financiers and politicians have pumped accommodation costs to the max without a care for the consequences. What about those people that thought high house prices were great 20 years ago but were too short sighted to see what effect that would have on their kids. Now they've got 20-30 year olds at home staring down the barrel of a 40 year mortgage or 2x the value of the mortgage repayments if they rent.
There are other factors why people are having fewer kids, some are happy to forego kids to have financial freedom.
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