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Topic History of: Financial Fiascos
Max. showing the last 5 posts - (Last post first)
Author Message
Bookworm Any financial experts in?

The daggers are out again.
I'm seeing many tweets about some politicians living in million pound properties.

So, it's time for facts.

I know some bought their properties a long time before property market boom so the worth has multiplied, but what kind of mortgage would somebody realistically be allowed on 60-75 grand a year?

I read somewhere in the USA it's 5 times your salary.

Its their choice to live in nice expensive properties if they work fairly and pay for it.
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