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Anybody who takes a mortgage on the edge of their affordability and combines it with 1-2 years fixation is plain stupid and lacks primary school math skills, no other way around this simple fact (there is of course almost always the factor of greed but only very simple people let it run unchecked).

As much as I don't wish anything bad to anybody, stupid people being bitten back by their stupid decisions is very low on the sympathy list for anybody, compared to say civilians being shelled at their homes because vladimir woke up pissed off this morning.




Given how strict banks are, I’d be surprised if many people were in this position. A colleagues had their spend on coffee criticised by a bank, then they live well within their means.




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