18 Aug 2023

The UK Mortgage Collapse Just Got Worse

Sasha Yanshin: UK Inflation data just came in and everyone celebrated a drop while services inflation keeps increasing. Mortgage payments and housing costs are on the verge of exploding as people come off fixed term deals with monthly payments doubling. At the same time wages have started growing at the fastest rate since the data started being collected causing a wage price spiral.

No comments:

Post a Comment