EXAGGERATION - EXAGGERATION - EXAGGERATION. Why is it the media thinks it has the right

to scare the living daylights out of the public, I know because they cannot think of anything else to

put on TV except a host of repeats and boredom. interest rates are at an incredible low compared to the early 90s

which with the huge unearnt salary's people are lucky enough to get should think themselves lucky and

maybe save some of this money instead of only wanting the best most of the time.

I think it's about time that part of the public unable to think prudently about a lifelong debt had the living daylights scared out of them.  A mortgage, unlike a credit card debt, is secured against the property - the mortgagors have it for upwards of 15 years. 

The interest rates are still low and with some serious inflation problems on the horizon, they'll ultimately have to go up.  So if people are borrowing wildly on credit cards too, they're going to run into trouble.

Scare them, if only for the sake of the children that inevitable creep into borrowers' lives.  On that program I felt saddest for the young boy dragged into displacement by parents who hadn't bothered to think.