Birdwatch Note Rating
2024-01-14 14:29:20 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 28774D31ABEE61A9EFCDA4AF2625A653A95EE7F25671E87B20E584CB6ED79B3C
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
All Note Details