the economist and the housing bubble, page-15

  1. 8,265 Posts.
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    i would take the bet your mortgage THEN was not what they are now?

    and you were one of the lucky ones.........to many lives were shattered in those days.

    good on you for getting through it but you have to recognize the size of the loans today is no comparison to your loan then.

    and as such even a smaller rate rise will have a greater impact.

 
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