Doon frae Troon
Ryder Cup Winner
Maggie wanted everyone to own their own house so they would vote Tory.
Trouble is now that the bubble has burst savers/ investors/ pension funds are suffering very poor interest rates as governments spend trillions propping up the mortgage rates. Many folk would have been much better off renting a council house instead of buying as they would have ended up with a reasonable state pension. As in France.
An economy based on property is one built on shifting sands.
Trouble is now that the bubble has burst savers/ investors/ pension funds are suffering very poor interest rates as governments spend trillions propping up the mortgage rates. Many folk would have been much better off renting a council house instead of buying as they would have ended up with a reasonable state pension. As in France.
An economy based on property is one built on shifting sands.