5% is pretty healthy tbh
It's healthy if the housing market wasn't so over inflated and if the banks were passing on the rates to savers which they're not.
8% is great if you want loads of people to lose thier houses so they can be bought up by the wealthy creating an even worse problem.
Exactly, this is boom time for wealthy cash buyers.
@Jameo started
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It's healthy if the housing market wasn't so over inflated and if the banks were passing on the rates to savers which they're not.
8% is great if you want loads of people to lose thier houses so they can be bought up by the wealthy creating an even worse problem.