Grim news

[DimPrawn]

It's crazy how given this whole debt crisis the Bank is getting debt more desirable.

I am going to US Embassy tomorrow to apply for a work permit there. At least the houses are cheap, massive in size and plenty of legal guns to spend your hard earned savings on.

Goodbye my children, see you on the other side.

Moving to America would be a wise choice. Cheap housing, cheap money, interest rates fixed at zero for two years, business friendly, gun friendly.

[PAH]

Nothing is going to shift rates up in the USA or UK. In 10 years you could pay the mortgage off. No more rent ever!

So no rush to pile into bricks while prices are coming down, even if only slowly at the moment.

I can save money by renting a place cheaper than it costs to get an interest only mortgage on a similar property, then get a smaller mortgage having saved more once prices drop a few more 10s of grand.

Also, if the lawlessness spreads beyond the city walls I can easily do a runner abroad. No negative equity to worry about.