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Old 12-01-2007, 00:21   #6
garinda
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Re: Interest rate rise

Without my parents giving me a deposit, and it taking most of my wage, I'd have never got onto the housing chain. In London I'd rented for six years before managing to buy. Renting was expensive, more so than my mortgage.

I feel sorry for young people today, as unlike the rest of Europe there isn't a massive stock of affordable, private accomodation to rent, and it cuts down the choices for people, who for whatever reason, who prefer not to buy.
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