Such a terrible economic crisis we're having '“ or is it?
We are now advised that credit card holders should reduce their debt, and first-time house buyers should envisage a down payment of as much as 25 per cent to get a mortgage.
Or presumably they will get a mortgage only two or three times their income.
Terrible?
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Hide AdBeing behind the times, I always thought that such conditions were responsible finance, rather than a mere free market, with banks going bust.
R. W. Standing, Sea Road, East Preston
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