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See - you fork over 20% and they just waste it...

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    #11
    Originally posted by lukemg View Post
    'One reader, a recruitment consultant from Leeds, is typical of hundreds of thousands of people, who bought during the boom years. He bought a new flat in a Leeds waterside development for £180,000 in 2005. But, by 2009, he was told the flat was worth between £100,000 and £120,000. He says agents told him it would be at least a decade before he could break even. The flat eventually sold for £120,000 and he is now renting.
    He says: ‘The experience has left me quite badly scarred. I will never buy a new- build again, and I am almost sure I won’t get a mortgage again, either. I will save and buy outright or not buy at all'
    TBH, there needs to either be more cases like this or the existing ones need to be publicised more.

    This generation of house buyers are/were under the impression that property prices only ever go up.

    Examples like this are a long overdue wake up call.

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      #12
      Originally posted by OwlHoot View Post
      Some women wear shirts these days. So you've offended straight shirtlifters now.
      Bloody women. What do they know about same sex sex???????

      [insert wide on smiley]
      What happens in General, stays in General.
      You know what they say about assumptions!

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        #13
        Originally posted by Clippy View Post
        TBH, there needs to either be more cases like this or the existing ones need to be publicised more.

        This generation of house buyers are/were under the impression that property prices only ever go up.

        Examples like this are a long overdue wake up call.
        Just wait for the howls if they every raise interest rates (which should have been done long ago given the rate of inflation).

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          #14
          Originally posted by Pondlife View Post
          Only a single man would ever make this statement. You may think that you can live happily in your new pad for then next ten years but I guarantee 'she' won't agree. Take it from me. I have no idea whom 'she' will be but sooner or later (within ten years) you will be posting on here complaining about estate agent's fees.
          If he speaks as much sh1te to any potential bird as he writes here then it's a foregone conclusion that he will be spending his life

          Comment


            #15
            Originally posted by lukemg View Post
            'One reader, a recruitment consultant from Leeds, is typical of hundreds of thousands of people, who bought during the boom years. He bought a new flat in a Leeds waterside development for £180,000 in 2005. But, by 2009, he was told the flat was worth between £100,000 and £120,000. He says agents told him it would be at least a decade before he could break even. The flat eventually sold for £120,000 and he is now renting.
            He says: ‘The experience has left me quite badly scarred. I will never buy a new- build again, and I am almost sure I won’t get a mortgage again, either. I will save and buy outright or not buy at all'


            That is all.
            "A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester Freamon

            Comment


              #16
              Originally posted by Pondlife View Post
              Only a single man would ever make this statement. You may think that you can live happily in your new pad for then next ten years but I guarantee 'she' won't agree. Take it from me. I have no idea whom 'she' will be but sooner or later (within ten years) you will be posting on here complaining about estate agent's fees.
              What will be the problem, it's not as if "She" will be able to see the place. Her guide dog might like the place!

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