Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Diana Parkhouse via Flickr.com

Poll: Do you think struggling households should get mortgage debt relief?

The campaign to have debt forgiveness introduced for those unable to meet their home loan payments is gathering voice. Do you think there should be such a scheme?

A PROPOSAL TO introduce debt forgiveness for mortgage-holders unable to meet their home loan payments has today gained more traction and support.

Constantin Gurdgiev has further reiterated his support for mortgage debt relief, following fellow economist Morgan Kelly’s calls for a similar measure last week. Housing super junior minister Willie Penrose has also said that he thinks it’s a good idea.

What do you think? Should mortgage debt relief be introduced?


Poll Results:

Yes - but there should be a percentage write-off on all mortgages (1096)
No - we can't afford it (696)
Yes - but only available to those who are in danger of losing their home (528)
I don't know (101)

Read: Writing off mortgage debt is an “emergency”>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

View 73 comments
Close
73 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds