PEOPLE have only governments to blame for this housing crisis. They were the ones who allowed cashed-up investors from all over to buy property and over-inflate prices leaving many people with no hope of buying a property yet alone deciding how they are going to pay ever-increasing rents. All the while government members are sitting back smug in their homes and probably have some homes on the side for rental. When prices drop eventually because the market has run out of investors there are going to be a lot of people owing a lot more on their mortgage than their property will be worth and in a lot of financial trouble. The real estate industry can talk the market up all they want but are they willing to help the disadvantaged obtain any sort of mortgage. Especially ones on low fixed incomes.
Ian Batchelor Margate