Birdwatch Note Rating
2024-01-14 16:51:07 UTC - NOT_HELPFUL
Rated by Participant: 5771D56C80F5441AE438D30DE81321AABAF24F5E5530154A5BAE34DF3783ED18
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