Boomed!

[dotnetter]

What are you going to do when you sell? Live in a cardboard box? Or perhaps buy another inflation-affected house?

Yeah i know i know

[Francko]

What are you going to do when you sell? Live in a cardboard box? Or perhaps buy another inflation-affected house?

There is the option of selling and renting for a while..... the rental market is quite cheap at the moment. Worst case you can always invest the extra money you save on renting rather than giving it to the bank in the hope that every year house prices go up 10%.

[dotnetter]

When my house reaches £1,000,000,000 in a few years I might sell up and buy a large tropical island to live on.

HTH

Me too, I'm gonna buy the one next to your's but have twice as many palms trees and a nice double beach

[chicane]

Me too, I'm gonna buy the one next to your's but have twice as many palms trees and a nice double beach

You're both wrong ... said islands will already belong to the Chinese folk to whom your jobs have been outsourced.

[sasguru]

And then next year you will think about the next 15k increase and so on....

Shut it you Swiss renting loser.

[SandyDown]

Shut it you Swiss renting loser.

huh?? Franco is a Swiss renting loser?? Franco fill me in, did you quit your permie role and contracting in Swiss land now?? how did I miss that??

[richard-af]

France - see my tag line.

[Red 7]

What are you going to do when you sell? Live in a cardboard box? Or perhaps buy another inflation-affected house?

Rent a nice pad, then when the market goes tits-up you take your 500k and buy 5 more houses, then do it all again.

[Red 7]

When my house reaches £1,000,000,000 in a few years I might sell up and buy a large tropical island to live on.

HTH

Trouble is, large tropical islands will cost £10,000,000,000 by then.

[sasguru]

huh?? Franco is a Swiss renting loser?? Franco fill me in, did you quit your permie role and contracting in Swiss land now?? how did I miss that??

He couldn't hack it in the City. So he raised the white flag and quit. But that's Italians for you. WHen the going gets hard, the Italians run away.