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.”
It is indeed pretty impressive. Some families have seen their mortgage doubling in 18 months. Unsustainable.
House prices have started to fall as well. They will be paying more on their mortgage and some will be in negative equity.
But no news articles about the Covid money printer which fueled house price growth now causing inflation.
