.... The middle classes they are relying on to avoid being wiped out at the next general election are exposed to a lot of downside risk if house prices flatten or drop. A lot of people who did nothing wrong, except follow the sensible advice given to them at the time, stand to lose more than they gained in real terms, if not be left homeless and in negative equity
, without careful management by the government to buffer them in the short term. ...
[Read full article on Guardian
Friday 10th of March 2017 12:04:31 PM