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
0ur north america business correspondent michelle fleury is in new york. a couple of things going on, one about keeping costs down and getting people back into the cabs after the pandemic? if people back into the cabs after the andemic? , ., ., ., ~ people back into the cabs after the andemic? , ., ., pandemic? if you look at the ridershi- pandemic? if you look at the ridership numbers, - pandemic? if you look at the ridership numbers, they - pandemic? if you look at the ridership numbers, they are | pandemic? if you look at the i ridership numbers, they are up pandemic? if you look at the - ridership numbers, they are up 2696 ridership numbers, they are up 26% from a year ago and you also have the number of drivers are up 33% from a year ago, that is significant because one of the stories people were getting used to the pandemic and emerging from that, was that there was not enough drivers and it led to longer waiting times and higherfares and there led to longer waiting times and hi