Oh Dear: It's a sign of the times....

**Andyw** · 13 September 2006, 06:56

They went ahead and bought the three-bedroom terrace house in Stapenhill, Burton-on-Trent, Staffordshire, for £69,000,

blimey !!! my car cost more !

**Troll** · 13 September 2006, 07:00

Originally posted by milanbenes

http://www.timesonline.co.uk/article...355623,00.html

'Buying the house was the biggest mistake we ever made'

Milan.

I think being allowed to reproduce was their biggest mistake (I wonder if they voted labour?) but in principle you are correct... we are doomed,

**Francko** · 13 September 2006, 07:03

Originally posted by Troll

I think being allowed to reproduce was their biggest mistake (I wonder if they voted labour?) but in principle you are correct... we are doomed,

Yes, let's skip all the corollaries and get straight to the point. UK is doomed. The only way to save yourself is to pack today and flood to Eurowonderland.

**bobhope** · 13 September 2006, 07:15

It's not really a sign of the times. This kind of thing happens in good times and bad: there will always be, how shall we say, people of limited intelligence.

**milanbenes** · 13 September 2006, 07:17

sure,

except in bad times the numbers increase as they are now

Milan.

**BlasterBates** · 13 September 2006, 07:50

...house prices are rising, so these missed mortgage payments can easily be funded by taking out a bigger mortgage...and so it goes on.

**ratewhore** · 13 September 2006, 07:54

ah well - tulip happens. I know more and more people who are buying with interest only mortgages as it's the only way to get on the ladder for them, until interest rates rise again that is...

It's a british disease, why are we obsessed with owning property?

**wendigo100** · 13 September 2006, 08:01

Brown's legacy

Gordon Brown isn't even in number ten yet and we already know his legacy - DEBT. Another four-letter word to follow Tony Blair's two legacies, SPIN and IRAQ.

We've got record national debt, mortgage debt, credit card debt, student debt...

Meanwhile savings and pension funds are getting smaller in real terms...

What has always p1ssed me off is how Brown is described in the press as very intelligent. That is a fallacy, he is nothing of the kind.

**EternalOptimist** · 13 September 2006, 08:15

Just had some stupid bint from Citizens advice on the news. She said 'most people get into debt after losing their jobs'.
Does that mean people lose the job then go straight out and get a mortgage.
They are in debt BEFORE they lose the job and have failed to provide cover you daft git.
Next they'll be blaming the lenders and the advisors

Oh Dear: It's a sign of the times....