Re: Banks Reluctantly Agree to Pass on 1.5% Interest Rate
Quote:
Originally Posted by Tim in Belgium
(Post 1679141)
Banks are a business, they should be able to do what they like as long as they are held responsible for it....
|
They did what they liked, and we ended up in this mess! Then they wanted my money to bail them out. I didn't want to own a bank, but now I do (or, rather the collective tax payers partly do) they'd better start doing playing nicely.
Quote:
Originally Posted by Tim in Belgium
(Post 1679141)
Face it, if you ain't go the cash for it don't buy it.
|
Don't know about you, but I'd find it tricky to buy a house without a mortgage. I agree it's silly to take out huge loans you can't comfortably afford, but if you really mean don't buy anything you don't have real cash for, hardly anyone would own a house. Most people wouldn't be able to rent either, because nobody would be able to buy a house to let to anyone else either!
|