Well, well, the government cannot avoid this madness that is the property boom, ok, it's not a boom anymore. But they are admitting that many young people, many who are in their 30s are in deep trouble with their 30+ years mortgages that are as much as EUR500,000!
Such is the level of concern over how "stretched" so many young buyers have become, the Government will issue a "health warning"
Read article from Indo online: Thousands in 'serious trouble' on home loans
Posted by whykay at July 9, 2007 12:46 PM