cantosTV: Action needed to save mortgage sector
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Why intervene, let property prices return to sustainable levels. Banks are suffering huge loses due to loose and fraudulent loses especially in the buy to let and self cert markets.
Property Prices will fall for years, so people will wait by the side lines for sometime yet.
Interest rates are historically extremely low and are likely to rise din the long term due to increasing inflationary pressures.
brit1664 3 years ago