Guess who said this back in September 2006:
… by leaping into home ownership many people risk borrowing much more than they can afford, overstretching themselves and getting into financial ruin.
Answer: Martin Lewis, the self-styled “money saving expert”. Kudos to him for that. Read the rest here. His advice at the time was “plan for the worst and hope for the best” – advice which some people would have done well to take!
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