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House Price Crash Forum

Mortgage Debt To Hit £1 Trillion


JBFTB

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HOLA441
Don't forget that it's wage inflation, rather than cost of living inflation, that erodes debt. You quote the figures for CPI, which is a cost of living inflation measure. You should be quoting wage inflation.

Wouldn't it be (wage inflation) - tax - NI - CPI = extra money left over to pay off debt?

Doesn't leave much does it?

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