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by banku_brougham
3812 days ago
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Can't pick just one comment to respond to. Short version: y'all are bonkers. Assuming that home prices can only go up is harmless when that mortgage is manageable. But holding on through several business cycles is problematic when debt service is a high proportion of income. If you miss a few payments you'll learn that you never really owned the home. Again, the harmless part I mentioned applies to many places but certainly not London. |
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