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
It is a milestone. you are seeing a company move from the start up phase two beyond the cash burning and into a more profitable future and let me quickly what the ceo said, he said most of our history profitable was not the first thing when you asked someone about uber, but we knew they were wrong, he said. this is the justification for him and he has been taking a bit of a victory lap today. been taking a bit of a victory lap toda . , ., , ., , today. investors have been patient. $31.5 today. investors have been patient. 531-5 billion today. investors have been patient. $31.5 billion of today. investors have been patient. $31.5 billion of losses today. investors have been patient. $31.5 billion of losses since - today. investors have been patient. $31.5 billion of losses since they - $31.5 billion of losses since they started reporting and it takes a steady nerve to stick with a firm through that kind of loss. if steady nerve to stick with a firm through that kind of loss.- thro