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Replying to Avatar Carl B Menger

BREAKING: UK Housing Market, due to substantial rise in payments.

“#Inflation is higher in the UK, and the markets don’t believe they are getting it down. They’re completely and utterly lost. Obviously homeowners are going to get completely whacked.”

https://www.theguardian.com/money/2023/jun/17/uk-homeowners-face-huge-rise-in-payments-when-fixed-rate-mortgages-expire?CMP=Share_iOSApp_Other

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SANDY 2y ago

It is indeed pretty impressive. Some families have seen their mortgage doubling in 18 months. Unsustainable.

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