On Wed, 11 Nov 2009 15:05:43 -0800, Darren New wrote:

> Jim Henderson wrote:
>> On Wed, 11 Nov 2009 16:35:20 +0000, Invisible wrote:
>> 
>>> 2. House prices appear to start at around £300,000 or so. The very
>>> best, most unobtainable jobs pay £30,000/year. That's a pretty friggin
>>> huge gap.
>> 
>> Mortgages tend to be amortized over a 15 or 30 year period, at least
>> over here.  Ours is about $1500/month.
> 
> No. Loans are amortized. Mortgages go the other direction. :-)

Yes, right - I always get that backwards. :-)

Jim

Post a reply to this message