Birdwatch Note Rating
2024-01-14 17:42:16 UTC - NOT_HELPFUL
Rated by Participant: 3DAE8B23A95FCD34F7DD4D9004FC30984D1A3DA4A7D471C3EABA2725B9C4044B
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