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(, Sun 1 Apr 2001, 1:00)
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Banks are willing to lend to people with large savings.
Given that this crash happened to a generation that was used to lots of readily available credit, you'll find there aren't actually all that many people on average incomes with tens of thousands of pounds in the bank.
(, Tue 17 May 2011, 12:52, 1 reply, 15 years ago)
If by the average age of 38 as first purchase, if you haven't mustered 20k as a deposit you should shoot yourself

(, Tue 17 May 2011, 12:55, Reply)
This crash was caused for precisely this reason.
lots and lots of credit debt, no savings to pay it off.
(, Tue 17 May 2011, 12:56, Reply)
The kids should be saving then
Also far more individuals are after their own homes see Broken Briton marriage breakdowns and breakdown of the family life in general
(, Tue 17 May 2011, 12:58, Reply)

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