iamds
Joined 15 years ago
Joined 15 years ago
If an eighty year-old dies from a heart condition while waiting for an appointment at their local hearing clinic, they make this list
All this data really tells us is that the NHS is underfunded and badly managed, leading to backlogs and delays in treatment
Which is already obvious to everyone
But back in 1990 interest rates were a whopping 14% - that means that a 25 year mortage would have cost the equivelent of £4935 each month.
Today that house is worth 1.5 million. The same 25 year mortgage at today's interest rates would be £5158 a month.
So really house prices haven't changed that much, it's just that the money is going to different places.
For example should you be evicted from your family farm that you've worked on your whole life when your 80 year old mother dies just because you haven't saved up enough money to buy it on the event of her death.
What if you are a subsistence farmer in Cambodia in the same situation - should you lose your family land to the state on the event of the death of your parents?