British politicians and policymakers seem unable to recognise these simple facts. Indeed, it took a massive financial crisis over a decade ago for politicians to allow the tightening of mortgage regulation in any significant way. Johnson may not be aware of the fact that there were quite a few 95% mortgages around leading up to the housing bubble that precipitated the UK’s 2007-9 banking crisis. The resulting economic catastrophe led to them being phased out. Along with other restrictions on borrowing, these policies helped dampen the growth of UK house prices and household debt (currently around 85% of GDP, down from a record 95% in 2009), although it has been increasing again in recent years. … [Read more...] about Boris Johnson’s 95% mortgages will put Britain back on course for a house price crash
How long to pay off mortgage if i pay extra
Many Bay Area chefs used to see pop-ups as a pit stop. The pandemic made them a long-term plan
“There’s so much stress involved, especially in the U.S., with labor costs and health benefits and food costs and rent — all these costs add up,” said Nicole Marin, who plans to expand the reach of her San Francisco pop-up, Hermanita, instead of finding a full-time space. “I became so worried about those numbers that I couldn’t enjoy the full experience of serving food.” … [Read more...] about Many Bay Area chefs used to see pop-ups as a pit stop. The pandemic made them a long-term plan
Asia Argento reportedly won’t pay sexual assault accuser the rest of $380G
Asia Argento accused of sexual assault: Rose McGowan heartbroken According to a new report, actress Asia Argento, one of the first prominent women to accuse disgraced movie mogul Harvey Weinstein of sexual assault, agreed to pay off her own sexual assault accuser. Fellow #MeToo activist and Weinstein accuser Rose McGowan says her 'heart is broken.' … [Read more...] about Asia Argento reportedly won’t pay sexual assault accuser the rest of $380G
Corrections ordered to pay $3000 to white supremacist Philip Arps over failed prosecution
READ MORE:White supremacist Philip Arps not allowed within 100m of Linwood mosqueWhite supremacist Philip Neville Arps told to 'control himself' in courtWhite supremacist Philip Arps was at homebrew store when arrested by policeWhite supremacist Philip Arps unsuccessful in fighting his release conditions … [Read more...] about Corrections ordered to pay $3000 to white supremacist Philip Arps over failed prosecution
Hunts Point Produce Market Workers End Strike With Largest Pay Raise In Decades
About 1,400 members of Teamsters Local 202 walked off the job Jan. 17, upset with how they were being compensated while continuing to keep operations going throughout the coronavirus pandemic, which caused the death of six employees. It was the first strike at the market since 1986. … [Read more...] about Hunts Point Produce Market Workers End Strike With Largest Pay Raise In Decades
