if there is a crash in the property market, which is a distinct possibility any savings ploughed back into a home loan to reduce the principle will be vaporised instantly as valuations quickly slide. for example what a home owner thought was 100k of savings off the mortgage would be transferred bank to the financial institution providing the loan as the valuation of the property tanks never to be seen or heard of again. protect any extra cash with gold and silver. not leaving it vulnerable to being swiped by lender. the system is on the verge of collapse, again.
