santacals
re:
When they were 18% (I remember them too) I bet London to a brick your loan wans't anywhere near what people are borrowing now.
average home loan is $360K now, if that hit 18% it would cost $66K P.A not bad when average income is $42K lol
I agree people definatly didnt have morgages that high back then as housing wasnt over priced :)
