Birdwatch Note Rating
2024-01-14 14:26:11 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7403469B9FF41C74A9E525C6351FC81B7DBD96E4256FDEA6123255D032947909
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