Warning over home repossessions

[bobhope]

It's numpties like him that will inflate the bubble to catastrophic proportions leaving the likes of those on here with some nous to clean up nicely afterwards. Needless to say I congratulated him on his foresight and encouraged him to take out the biggest mortgage he could afford as he was guaranteed to see impressive capital growth.

Nice one.

Are most people incapable of even using a calculator or Excel then?

[Spartacus]

Nice one.

Are most people incapable of even using a calculator or Excel then?

It's the same with all bubbles bobhope. People are terrified of missing the boat, herd mentality takes over, all reason is abandoned and so on. It's happened before and will happen again.

[DimPrawn]

You won't say that when house prices double over the next 12 months.

Buy one now whilst they are practically giving them away!

[Spartacus]

You won't say that when house prices double over the next 12 months.

Buy one now whilst they are practically giving them away!

That's pretty much what I told him.