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Renters: Angry and Insecure

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Comments

  • ILW
    ILW Posts: 18,333 Forumite
    HAMISH_MCTAVISH wrote: »
    My definition of rationing is that banks only have a third of the funding to lend that they had previously.

    As with anything in short supply, they must find a way to ration it.

    In this case, by increasing deposit requirements until the pool of borrowers matches the available funding.
    Sounds like your usual demand and supply argument. Suppose they could just up the interest rates though.
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    mortgage "rationing" :rotfl:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    mortgage "rationing" :rotfl:
    that's a good intelligent counter argument you've provided there.

    keep it up
  • Sibley
    Sibley Posts: 1,557 Forumite
    Ninth Anniversary Combo Breaker
    That bird with two kids might marry some bloke and get out of the pit.

    That other example is a second class citizen. He's spot on with his analysis.

    He's renting a house with two kids and has got his missus up the duff again. He was in no position to bring a child into the world.

    Giving him a house won't make things better. The blokes a loser. Bung him in a council house in Mether Tidvale and chuck away the keys.

    NEXT....
    We love Sarah O Grady
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    that's a good intelligent counter argument you've provided there.

    keep it up

    *yawn* chucky backing up Hamish again

    Who said i wanted to post a counter arugement?
  • GracieP
    GracieP Posts: 1,263 Forumite
    Angry and Insecure?

    I'm a renter and I'd describe myself as content but sleepy.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    *yawn* chucky backing up Hamish again
    where did i back up hamish on this thread?
    go on, i bet you can't find it and you're making it up...

    don't be shy - show me Mr Soundbite
    doire wrote: »
    Who said i wanted to post a counter arugement?
    it was sarcasm - i didn't for one moment expect any intelligence or even counter argument from you. get it now?
  • doire_2
    doire_2 Posts: 2,280 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    chucky wrote: »
    where did i back up hamish on this thread?
    go on, i bet you can't find it and you're making it up...

    don't be shy - show me Mr Soundbite


    it was sarcasm - i didn't for one moment expect any intelligence or even counter argument from you. get it now?

    Do you rent? You seem very angry lol
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    doire wrote: »
    Do you rent? You seem very angry lol
    angry, lol no and no.

    i'm still waiting for you to show where i've backed up Hamish on this thread...

    go on Doire - just one intelligent post... just one, you know you can do it...
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    If it weren't for the abnormally high deposit requirements...

    Another viewpoint is that deposits have returned to historic norms.

    In Australia where there really hasn't been much of a banking crisis you need 5% deposit and will have to take out an MIG if borrowing > 80%.
This discussion has been closed.
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