- Joined
- Dec 14, 2006
- Messages
- 7,588
- Reaction score
- 468
- Location
- Western Europe
- Gender
- Male
- Political Leaning
- Other
So?
Yeah. People stop asking for loans they can't pay for....:roll:
The problem is that loans inflate prices, to the level where others have to take loans in order to buy the same things... In the end no one can afford things they should be able to afford.
In the end a house has ended up costing Brits about 30 of their annual wages....