Britain’s Mortgage Crisis!
Get Surfshark VPN at https://surfshark.deals/BOYLE. Enter promo code BOYLE for 83% off and 3 extra months FREE!
Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy.
The dream of a soft landing that would have the Bank of England squeeze out inflation without condemning the country to a recession looks increasingly remote. Inflation has been more stubborn than expected and is forcing the central bank to go with a bigger-than-expected rate hike that took the key rate to 5%.
What does this mean for British housing affordability?
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Ways To Support The Channel
Patreon: / patrickboyleonfinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickb...
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: / patrickeboyle
Patrick Boyle On Finance Podcast:
Spotify: https://open.spotify.com/show/7uhrWlD...
Apple: https://podcasts.apple.com/us/podcast...
Google Podcasts: https://tinyurl.com/62862nve
Join this channel to support making this content:
/ @pboyle
Watch video Britain’s Mortgage Crisis! online without registration, duration hours minute second in high quality. This video was added by user Patrick Boyle 01 January 1970, don't forget to share it with your friends and acquaintances, it has been viewed on our site 399,630 once and liked it 12 thousand people.