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Guinness
Sasha Yanshin
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Comments by "Guinness" (@GuinessOriginal) on "UK House Prices Are Collapsing" video.
It’s not the level of interest rates that’s the issue, it’s the level of debt and the effects rising interest rates have on them. In the 1980s, the acreage mortgage was 1/9th of your income, today it’s 1/3 and rising, and personal debt is far higher today than it was in the 1980s. Add that to the unprecedented cost of living and upcoming further lockdowns and you’ve got an unmitigated economic disaster
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@Sairfecht you think it’s a coincidence we’re seeing the largest transfer of wealth in history? wake up
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I’ll give you 20k cash
3
Prevent companies raising prices to make record supernormal profits
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Tax supernormal profits and set price caps equal to the marginal cost of production
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Move to Manchester and commute from there. £1500 a month gets you a helluva lot and it’s a far more dynamic and cultural hotspot than Reading
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@dementedjj3308 have you not heard? Masks and lockdowns back by October
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What wage growth? We aren’t talking about CEOs mortgages here
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Where in WM? Not in Rowley Regis
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