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House hunting

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    #21
    Originally posted by OwlHoot View Post
    Exactly - Whatever they say, inflation is bound to shoot up in the next few years.

    If you can possibly afford it, Alexie, I'd definitely buy now, and the inflation will erode your debt in no time.

    (I know he won't listen )
    Is it time to re-enter the BTL market if you are in it for the long haul and are looking for income generation from rent rather than capital appreciation? Been thinking about this for a while after selling my previous BTL and I think the ducks could be lining up quite nicely.
    ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

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      #22
      Alexei, have you still got your porno moustache?

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        #23
        1 ok-ish candidate (house near street I used to live - cost £600 back then, now something like this £950).

        One more luxury apartment to go - I'd better be good

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          #24
          He he he...

          What is true intelligence?

          Is it possessed by someone who buys a property and gets someone else to pay the mortgage, thus getting a nice nest egg after 25 years, and/or capital appreciation?

          Or is it possessed by some guy who works like a donkey for donkeys years to set up a small business and pays for the other guy's property?

          Clearly the latter may get filthy rich, but what are the odds?
          Whereas the former is definitely going to end his days prosperous and wealthy without doing too much/or any work
          Hard Brexit now!
          #prayfornodeal

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            #25
            FOUND IT!!!!


            Fantastic place - probably cost a million to buy, certainly feels this way

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              #26
              Originally posted by sasguru View Post
              He he he...

              What is true intelligence?

              Is it possessed by someone who buys a property and gets someone else to pay the mortgage, thus getting a nice nest egg after 25 years, and/or capital appreciation?

              Or is it possessed by some guy who works like a donkey for donkeys years to set up a small business and pays for the other guy's property?

              Clearly the latter may get filthy rich, but what are the odds?
              Whereas the former is definitely going to end his days prosperous and wealthy without doing too much/or any work
              25 years x (annual mortgage - rent) = nice little pension.
              ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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                #27
                Originally posted by AtW View Post
                FOUND IT!!!!


                Fantastic place - probably cost a million to buy, certainly feels this way
                Where are the pictures?

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                  #28
                  Originally posted by TimberWolf View Post
                  Where are the pictures?




                  It looks too good to be in Birmingham.

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                    #29
                    Originally posted by PRC1964 View Post
                    That's his old place.

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                      #30
                      I sneakily added the new one just before you replied.

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