Birdwatch Note Rating
2024-01-14 21:04:30 UTC - NOT_HELPFUL
Rated by Participant: FA85DE5C0FEEF1FBAB94C4521AE22C940945554FDA5BBEFC613176039C19858D
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
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