Listening to LBC at the mo with people phoning in re nightmare mortgage questions… what an interesting mess…! There has to be a better way considering MORT Gage translates more or less into ‘DEATH cage’. It’s funny to hear Laszlo’s story that in Communist Hungary times everyone in his village owned their homes and no one had even heard of mortgages. They just had an informal co-op whereby every one helped each other build their homes and the village kids/boys learned skills by helping for pocket-money. What suckers we are not to be more cooperative – although it is artificial land values that confound the situation in UK causing our ridiculous housing problems.