I think it's because these people are told they can afford it, they are sold the idea of being a home owner, rather than a leaser. This all goes back to the U.S. surely where the banks gave mortgages to people who were pretty much incapable of repaying the loan/mortgage? That in my book would mean the lender was to blame for giving the loan out!
I think it's because these people are told they can afford it, they are sold the idea of being a home owner, rather than a leaser. This all goes back to the U.S. surely where the banks gave mortgages to people who were pretty much incapable of repaying the loan/mortgage? That in my book would mean the lender was to blame for giving the loan out!