The Money Programme
p. I don’t—as a general rule—watch or listen to programmes about money or personal finance. I just find it too depressing, and if I’m brutally honest, rather dull. But last night I watched a Money Programme investigation called “Mortgage Madness”, and ended up totally fuming by the end. I haven’t yet descended to the middle class depths of boring the pants off people with in-depth discussion of interest rates and house prices, but it is one of the subjects most likely to send me off on a long rant.
p. You see, the house prices in Oxford have reached ridiculous levels. Prices have risen all over the UK, but many people use Oxford as a convenient commutable suburb of London (rather them than me—you wouldn’t catch me spending 90% of my life on the M40), forcing the prices up even more. If you didn’t buy a house at the depths of the last slump, or you don’t earn 50K a year, you don’t have a hope. Or so I thought.
