mojo pixy
שיר חדש
... the latter [banks] provide loans so that the less wealthy can buy houses and other assets.
Banks don't provide loans so as to make money themselves then? Lending is like a kind of social outreach, so that poorer people can buy houses &c. I see.
How's that going then, now that the average UK house price is 8-10x the average UK yearly wage? (40 years ago the differential was more like 3-4x the average yearly wage)
So is that helping the less wealthy to buy houses, or is it helping people who already own houses to make even more from their property/-ies?
Is there a cartoon version of this you'd like to draw us?