Reply To: Mortgage rates in the future

Andre wrote:

Difference is, it’s not really the same kind of commitment. Once you come to the end of the contract you can get out of there. With a house you’ve paid a massive upfront deposit which you now stand to lose – home repossession is a nasty business!

Andre wrote:

Don’t want to be rude but I feel like you probably are a homeowner? Renting when the prices are sky high is awful. And they’re always rising.  I’m not saying that interest rates aren’t going to be a challenge for homeowners but I would love the kind of energy spent worrying about homeowners focused back on Generation Rent.