tag:blogger.com,1999:blog-1141932539860553199.post298434092045358105..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer arguments against LVT, not (59)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1141932539860553199.post-77760366406572535212010-08-13T14:05:04.140+01:002010-08-13T14:05:04.140+01:00Thank you, FB!
And we've seen this in action ...Thank you, FB!<br /><br />And we've seen this in action over my lifetime. Average mortgages now are much higher than before, because people have generally decided to put more of their salaries into housing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-49793557471420382842010-08-13T13:59:41.918+01:002010-08-13T13:59:41.918+01:00"... people have fixed budgets, and the more ..."... people have fixed budgets, and the more they have to pay in interest, the less they will pay for the purchase price." <br /><br />People do not have fixed budgets, although they might have fixed incomes. How they apportion their income between housing costs and other items is hugely variable. Some are prepared to allocate far more to housing than others.TheFatBigothttps://www.blogger.com/profile/17255526385076528633noreply@blogger.com