Thursday, November 4, 2010

Northerners severely downtrodden by house prices

Northern homeowners 'struggling more with mortgage arrears'

What planet are bankers on when S&P claim that while the recession may technically be over, the north of the UK, and its mortgage borrowers, could continue to feel the residual effects for several years. After being bled dry by the leaching south since the inception of the industrial revolution it's hardly surprising that more than one in 10 mortgagees in the north-west were in negative equity at the end of June compared with only 1.5% in the south.

Posted by enuii @ 09:38 PM (1045 views)
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5 thoughts on “Northerners severely downtrodden by house prices

  • builditandtheywillcome says:

    “leaching south”……..seriously,what a completely disgusting comment.Being what you would obviously deem a “southerner” i have heard plenty of comments such as this.Having lived in south manchester and worked across the northern parts of the country,i can gladly state that people like you coming out with comments like that are quite the minority.It serves no other purpose than to make yourself feel a bit better to blame someone else.

    Best Wishes

    Horrible Southerner

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  • builditandtheywillcome says:

    I’m also curious,and always tend to ask the next question when faced with comments such as @ 1:- So tell me,where does the “south” start,and and do you place every person below this “southern line” into the category of leeches?

    Yours Sincerely

    Robbing Cheating Southerner

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  • sibley's b'stard child says:

    Oh, there’s plenty of life in this bubble yet to ensure the pain is evenly spread-out.

    Although, it does serve the Guardian’s political ideology to infer that a North/South divide is Tory policy.

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  • @2, you may be what you say but I was hinting at the historic actions of banks and asset strippers – watch your blood pressure:-)

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  • go to prestbury you would never know it were up north

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