Blog2018 ≫ If our house price falls 35% we still have equity

Crikey this is a gloomy prediction1 from Mark Carney. We have more than 35% equity in the house, so if the value falls we are not instantly in trouble. Can't be the same for everyone though, particularly new home owners. Also, it's not ideal is it? The amount we've paid off the house and the small increase in value is basically all I have to show for a lifetime of saving and not spending. You know what will be to blame for this? Of course you do.

Also Wetherspoons own Tim Martin says he we're doing alright, our profits are up, but we're going to have to put prices up. That would be fervent you know what leave-o-phile Tim Martin.

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Paul Clarke's weblog - I live in A small town, Kent. Married to Clare + dad to two, I am a full stack web developr, and I do js / Node, some ruby, other languages ect ect. I like pubs, running, eating, home-automation and other diy stuff, history, genealogy, TV, squirrels, pirates, lego, + time travel.