The UK is well-ahead of the USA in terms of socialism and its grave consequences. Mortgage owners in the UK have been told: “Thousands of homeowners are sitting on a mortgage time-bomb, after a sudden rise in inflation.” (Metro). Because the UK is one of the costliest countries to live in (thanks to the Labour government), the majority of mortgage owners already pay through the nose for their homes, and have very little money spare for anything else.
