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Thread: 100 to 120% mortgages

  1. #1
    Politics.ie Newbie
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    100 to 120% mortgages

    Are the banks admitting that they are crapping themselves that there is about to be a property crash ?

    Ive never seen a stronger signal coming from the banks about a housing crash than this one!!

    How on earth have they been allowed to get away with a move like this which is just going to cause massive inflation?

    For the first time ever I heard on the radio yesterday at the end of a financial advert the phrase "failure to keep up payments may result in repossession"

  2. #2
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    We have a thread on this topic already so I'm locking this one.

    Link here: http://www.politics.ie/forum/viewtopic.php?t=6856

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