Birdwatch Note Rating
2024-01-14 16:54:40 UTC - NOT_HELPFUL
Rated by Participant: E0CD44E8794F27745B86028C5BB57A7EB34D81CB3A6AE0BE0130E4708E27F5E6
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