get yourself into eyeballs of debt as you will not suffer as much as those who are sensible

What's that based on? Plenty of people have lost their homes, whether it be "deserved" or not. Your savings haven't decreased in value whatsoever. They're just not earning you as much free money.

I think there's a profound difference between loosing your home and not earning as much free money.

You said only a day or so ago you felt you were growing into a more left-wing mentality, but today it smacks of exactly the opposite - that attitude is actually deeply hurtful...

I'm in the polar opposite corner. I used this climate to my advantage and bought a house - something I honestly thought I'd never do. I didn't overstretch myself, on the contrary, I've had to humble myself rather a lot to achieve total independence. It may yet go pear shaped, I can tolerate a small to modest interest rate rise, but if it goes crazy I'm out on the street.

I'd really like to think you're not the sort of person to view that as a good thing in return for some more free money...