5 or 2 year fixed rate?

Crashy_Time

SpiderLegs said:

Crashy_Time said:

SpiderLegs said:

Crashy_Time said:

MobileSaver said:

Crashy_Time said:

For example the Clapham thread, the last person in to that kind of shocking lack of value will be badly hurt if mortgage rates rise, and unlike the renter probably stuck for a long time.

Oh the irony! How many years have you been stuck renting while you wait for houses to become "better value" in your eyes?

It must be at least 15 or 16 years now or is it even longer?

You agree though that walking a way from a tenancy is much much easier than walking away from a large mortgage debt? That was the point being made.

Where are all these renters going to walk to?

let me guess, they are either all going to move back to mummy and daddy or they are all going to end up sharing one bedroom in a HMO somewhere.

They won`t all do that, that is like saying everyone is buying a garden because of lockdowns and WFH.

Come on then, where are they walking to after they’ve left their tenancy crashy?
If you can’t follow up on your fatuous claims, then it’s difficult to take anything you wrote seriously.

? You are seriously saying that leaving a tenancy is harder than walking away from a large mortgage debt?

It doesn`t matter where the people go, some go to another tenancy, some to a cheaper tenancy, some go to live with parents etc., some buy a house, it doesn`t matter, the point made was that leaving a tenancy is easier than walking away from a jumbo mortgage debt, especially on a flat that may become unsellable in future!