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Transcripts For BBCNEWS World 20240704

Investment platform. Thanks bro. Thanks for joining Thanks Forjoining us. Mortgages cost more so it is a bit of a Vicious Cycle for First Time Buyers . It is, yes, and there is a bit of respite for people looking to get onto the Property Ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. But it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance but i suppose house prices matter most when you are trying to change your position. For the vast majority it is a number that changes without us actually trying to change our Housing Position but i think the people trying to get on the Housing Ladder to make the first step are really feeling the squeeze right now. The numbers tell the story. 3. 8 fall in july alone, the fastest

Transcripts for BBCNEWS World Business Report 20240604 13:31:00

investment platform. thanks bro. thanks for joining thanks forjoining us. mortgages cost more so it is a bit of a vicious cycle for first time buyers? it is, yes, and there is a bit of respite for people looking to get onto the property ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. but it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance but i suppose house prices matter most when you are trying to change your position. for the vast majority it is a number that changes without us actually trying to change our housing position but i think the people trying to get on the housing ladder to make the first step are really feeling the squeeze right now. the

Transcripts for BBCNEWS Verified Live 20240604 15:33:00

but i suppose house prices matter most when you are trying to change your position. for the vast majority it is a number that changes without us actually trying to change our housing position but i think the people trying to get on the housing ladder to make the first step are really feeling the squeeze right now. ride hailing app uber has reached an important milestone today, posting its first ever profit. the company had racked up an impressive $31.5 billion worth of operating losses since it first started reporting its financialfigures nine years ago. but after years of heavy spending, it seems uber now has a handle on its costs. 0ur north america business correspondent michelle fleury is in new york. it is even first time it is a really important point, the first point it has tipped into profit. yes, after 14 years since it was first founded and it marks a change

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