Being strangled by the monthly mortgage noose
Published 22/04/2010 | 05:00
OVER the past number of weeks and months, we have become used to speaking in billions.
Seven billion to recapitalise AIB and Bank of Ireland; a €22bn cash injection into Anglo Irish Bank; €81bn worth of developer loans transferred to NAMA -- the list and amounts of money appear to be endless.
But for many, the only real amount that matters is the one they need to pay each month to keep a roof over their head.