Re: Covid 19 -
|
|
Did I hear on the news today that the UK government is going to be effecting mortgage relief for a few months to help mortgage owners.
Last couple of years has been intense media commentary about housing bubble in Sydney and Melbourne and effect higher interest rates would have on defaults....
This Covid 19 with loss of employment extending what- 6 months-12 months-16 months- has the potential to be devastating on mortgage defaults....
I have a niece who has a wedding photography business- has lost all bookings over the next 3 months and is devastated and stressed as to how she is going to survive in Melbourne....
Time to batten down the hatches, hoard and buy guns to defend the hoarded goodies....oh no- wrong country
__________________
Ford Rides:
Ford Fiesta ST Mk 8 -daily- closest thing to a go kart on road for under 50K
FG X XR8 smoke manual - Miami hand built masterpiece by David Winter, BMC Filter, JLT Oil separators, Street Fighter Intercooler Stage 2, crushed ball, running 15% E85 and 85% 98- weekender
|