Birdwatch Note Rating
2024-01-14 15:08:07 UTC - NOT_HELPFUL
Rated by Participant: 6B93DE12A96890AF1BC19A8C6EE4839AF5F580CCA54C178DA207163E8CAD8FFF
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