RE: Years profit forecast20 Jul 2023 16:09
Media thrives on bad news which sells space/papers.
Times can be tough out there-have survived two lots of 15% mg rates with three kids and one income etc.
Yes I know it's not directly comparable as av house prices now much higher in relation to av wages back then but it still felt tough at the time and I' don't recall (as an ancient mid 70s) all that much media attention being given back then to the plight of mortgagees compared to what we are being faced with every day on the News. I've rather given up watching the BBC news these days and my regional BBC TV news station has almost become an arm of the Social Services.
I think those on here who have mentioned the long standing, almost inbuilt desire by the Brits not to give up their cherished hols have hit the nail on the head-there is a fancy economic term for it which I have long forgotten.
Anyway-time for my pills!
Am a LTH of EZJ-hopefully!