Monday, Dec 17, 2007
The party, is very definitely OVER!
Daily Mail: Credit crisis: A million Britons struggle to meet mortgage payments
''Nearly a million families are struggling to pay off their mortgages, an alarming report has revealed.
Another 1.8million people say they have hit problems "at least occasionally".
Soaring interest rates have lifted homeowners' annual mortgage payments by a total of £3.6billion in the past year, the Bank of England survey shows....(this is the interesting bit) The housing market and the broader economy are expected to suffer a sharp downturn.''
Posted by hpwatcher @ 06:16 AM (310 views) Add Comment
1 Comment
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1. Debtfree said...
I am the one in ten
A number on a list
I am the one in ten
Even though I don`t exist
Nobody knows me
Even though i`m always there
A statistic, a reminder
Of a world that doesn`t care
Banks loaning 7 times my salary
And wondering why I've lost my hair
My arms enfold the dole queue
Malnutrition dulls my hair
My eyes are black and lifeless
With an underprivileged stare
I`m the beggar on the corner
Will no-one spare a dime?
Do you not remember me
I am a one on ten.
I'm the fraudster, the banker,
a broker and a BTL gangster,
I am a one in ten
la lah la laa laah:o)