Not very witty, but interesting...
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Real estate poll
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Real estate poll
31I rent25.81%8I sold house and switched to renting12.90%4I sold house and live on streets0.00%0I "own" a house with mortgage to pay25.81%8I own the house (paid off mortgage)29.03%9I live in hotels as a true contractor0.00%0I moved in with AndyW and he pays for everything6.45%2 -
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Where is the "I own a property and paid cash for it in the first place"
or the "I own a property through inheritance" options?How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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The bank owns my house. I pay the mortgage.
SSTC twice in 2007 planning on going into rented for a couple of years to see how the market panned out. After buyers pulling out twice on the sale decided the headache wasn't worth it and decided to stay put for at least the next few years.
Was expecting to see larger falls in property prices than have been seen. Still expect prices to be far less than they are now in a few years - but that depends on how much overtime the printing press will be doing.Comment
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AtW believes mortgages are evil and people should save £200k before they leave home.Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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where's the "my house in the uk is empty 'cause I dont want pikey tennants renting it and messing it up and I currently live in a rented serviced apartment during the week and with the girlfriend at weekends" option???The proud owner of 125 Xeno Geek PointsComment
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Mortgages are fine long term debt - what's not fine is when they result in artificial inflation of house prices and having people "releasing equity" to fund their purchases while getting even more into debt.Originally posted by gingerjedi View PostAtW believes mortgages are evil and people should save £200k before they leave home.Comment
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