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Nationwide lends 5x jt income you can get a 95% mortgage and 100k off a new house looks like 2005-7 again, sequel to the Big Short film?


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Having watched the Big Short film again recently with Christian Bale the astute fund manager who just survived in time to reap his bet, could the UK house market be repeating itself and lead to a sequel in a couple of years time.  Regulation is a bit tougher this time but all those junk bonds still being sold as investors search for yield.

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25 minutes ago, coypondboy said:

Having watched the Big Short film again recently with Christian Bale the astute fund manager who just survived in time to reap his bet, could the UK house market be repeating itself and lead to a sequel in a couple of years time.  Regulation is a bit tougher this time but all those junk bonds still being sold as investors search for yield.

So let me see, on paper,

Wife £110k annual salary

Myself £150k + £70k bonus (take that as x2 not 5)

We could borrow £1.44m, sounds eminently sensible, a mere £2200 pcm interest and a mere £6354 with repayment. A bargain surely, what could go wrong? 😂😂😂🤣

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30 minutes ago, Orb said:

What about single working class people, of whom there are millions? They don't stand a chance these days. 

What about them?  They got Br*xit and a continual supply of right wing populist cr*p from the Tories they voted for.

Do you care for Turkeys that voted for Bernard Matthews?

 

 

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40 minutes ago, Orb said:

What about single working class people, of whom there are millions? They don't stand a chance these days. 

hardly anyone sees themselves as working class anymore, even if they are, they vote inspirationally as they see them selves moving up, but most never do, they see their car on finance as a posh car they own, they dont see the debt hole etc

its easy to live fake middle or upper class

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