Originally posted by AtW
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Originally posted by DimPrawn View PostNothing 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.Feist - 1234. One camera, one take, no editing. Superb. How they did it
Feist - I Feel It All
Feist - The Bad In Each Other (Later With Jools Holland)Comment
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