tag:blogger.com,1999:blog-8817171247555815363.post5060672202474376531..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 5/9/2013: Sunday Times, September 1: Mortgages Defaults & ArrearsTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8817171247555815363.post-6627534128596088822013-09-05T12:36:45.098+01:002013-09-05T12:36:45.098+01:00Another great piece Dr. C
As a regular reader - I...Another great piece Dr. C<br /><br />As a regular reader - I find myself becoming more and more irritated by the level of "spin" dictated to me during class on economics and finance as part of my MBA. (I've marked myself out, which has been reflected in my results...but hey...its an MBA)<br /><br />The banks are desperate to drag this out, the gov unwilling to step in.<br /><br />On Immigration, good v bad and all in between - central Europeans helped build the houses, live in the houses and work, work, work - most will head home once this place finally dies.<br /><br />The others (non-skilled, non-EU) will stay to the very end.<br /><br />The war is overdue - time is running out for some, who'll be left holding the baby?<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8817171247555815363.post-27943518760974722742013-09-05T10:53:25.587+01:002013-09-05T10:53:25.587+01:00Buy to let mtge holders are often disguised in the...Buy to let mtge holders are often disguised in the numbers as primary residence mtge holders. These are strategic defaulters by any definition as they are receiving rent yet not making mtgempayments.Anonymousnoreply@blogger.com