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<blockquote data-quote="dave mountain" data-source="post: 7915347" data-attributes="member: 148078"><p>There will be some who think like that, but the majority are simply unable to buy. It is an awful lot harder to get on the housing ladder than pre-2008, mainly due to the much stricter requirements for who banks will lend money to. Once you have the first house or other asset to back the loan it is quite easy thereafter, as your income is less of a consideration. Those trying to buy their first home post-2008 are going to have a much more difficult time than any previous generation and it's not fair to say they aren't interested or inclined, it's just a LOT more difficult.</p></blockquote><p></p>
[QUOTE="dave mountain, post: 7915347, member: 148078"] There will be some who think like that, but the majority are simply unable to buy. It is an awful lot harder to get on the housing ladder than pre-2008, mainly due to the much stricter requirements for who banks will lend money to. Once you have the first house or other asset to back the loan it is quite easy thereafter, as your income is less of a consideration. Those trying to buy their first home post-2008 are going to have a much more difficult time than any previous generation and it's not fair to say they aren't interested or inclined, it's just a LOT more difficult. [/QUOTE]
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