Birdwatch Note Rating
2024-01-14 15:33:31 UTC - NOT_HELPFUL
Rated by Participant: 18158092DBDAFB5B68919EA3970988D4CF2C826EF6798C9B9F43EB583015200B
Participant Details
Original Note:
House prices and salary are not the only things that drive affordability and accessibility of buying a house. interest rate on mortgages, size of deposit required and risk tolerance of banks affect affordability. Eg. Interest rates were higher in the 1970s compared to today https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate
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