It used to take 3 years for a British family to save for a home down-payment; now it takes 20 years

I’m not sure we should have central banks controlling interest rates. If there is anything at all that ought to be set by the market, I would think the cost of borrowing money. Of course bringing the top tax rate back up to 70%+ would probably help with the speculation issue. Maybe Trump’s right - let’s roll things back 50 years.

3 Likes