dinsdag 14 oktober 2008

Savers vault from the banks to a safe place at home

The sales of houshold safes have risen significantly since the credit crunch started. People don’t trust their banks anymore and they want to keep their savings locked at home. Another explanation for the increase in sales of domestic safes is the fear people had for a collapse in the housing market: they sold their properties in time and moved into rented houses, where they enjoy the money they assumed during the property boom. Insurance companies advice wealthy people who lost confidence in the banking system to hold their money in safety deposit boxes rather than home safes.

Jef De Paep

http://www.timesonline.co.uk/tol/money/savings/article4909756.ece

1 opmerking:

Steff zei

Fine topic. Nicely coherent text.
You should have come up with your own title, though - no simple copy-paste from source.
'assumed'? Better: 'made' or 'accumulated'?
'adviSe' is the verb