The lending policy of Bust Banks
Savings rate greater than mortgage rate

Well, at least they’re being transparent about what they’re doing with the money that the taxpayer recapitalised these banks with. Personally, I knew all along that this is what they would do with it. But as long as there are enough stupid (or more likely, brainwashed) people out there willing to enslave themselves to the banks and their minions, there is not much that can be done about it apart from stay out of the game, rent, and organise to further renters’ rights and sway as per viewtopic.php?f=4&t=29130&p=368515#p368515