40 year mortgages, a great cheap way to keep the people compliant

[Steve]

(11 October 2015, 05:08)Mortblanc Wrote: You guys show them who's boss!

Refuse to buy their houses and float those mortgages.

Live in the council estate for the rest of your life.

Or better yet, pay rent to someone that did float a loan, and pay for their house!

After all, if you lose your job or go on strike and can't pay your rent they will let you live in their house for free.

What's your solution Mort ? Imagine you are a young man earning the minimum wage of £7.50 an hour, living in London where a 1 bedroom flat can cost up to £1,000,000 in a good area and £250,000 in a rough one.