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Anyone noticed the complete lack of the gloomy ne'er-do-wells on here these days that were consistently predicting collossal crashes over a period of 2-3 years during which time prices rose by around another 20%?
You have to laugh really. They babbled on about everything from Japanese deflation to US realty issues, "real terms", and everything in between without ever fully grasping the fact that the UK Housing market is almost unique. Ah well, some people will never learn!
Goodbye Janek etc. You are all sadly missed!!
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”
The graph is of house price inflation, a fall in the % increase does not mean prices are going down unless the % increase is <0. Which it hasn't been since you bought your house, so I fail to see how you have been 'unlucky', as house prices have been increasing ever since you bought.
It does cost money to buy and run a house you know, especially when you've got a mortgage like ours. At best we haven't actually lost any money so far, if we sold up today. Thing is, this was supposed to be our grand money making scheme. I really should stay away from money. It would be best for everyone really.
It does cost money to buy and run a house you know, especially when you've got a mortgage like ours. At best we haven't actually lost any money so far, if we sold up today. Thing is, this was supposed to be our grand money making scheme. I really should stay away from money. It would be best for everyone really.
Excellent idea. You could start by giving all your cash to me
It does cost money to buy and run a house you know, especially when you've got a mortgage like ours. At best we haven't actually lost any money so far, if we sold up today. Thing is, this was supposed to be our grand money making scheme. I really should stay away from money. It would be best for everyone really.
Anyone noticed the complete lack of the gloomy ne'er-do-wells on here these days that were consistently predicting collossal crashes over a period of 2-3 years during which time prices rose by around another 20%?
You have to laugh really. They babbled on about everything from Japanese deflation to US realty issues, "real terms", and everything in between without ever fully grasping the fact that the UK Housing market is almost unique. Ah well, some people will never learn!
Goodbye Janek etc. You are all sadly missed!!
I still stand by my prediction that a house price crash is due within the next 50 years. You have been warned.
Just as it does to rent one, unless you have uncovered some other means of surviving that does not involve a bridge and a cardboard box.
Oh yeah, sure, buying is an investment, renting is just paying for somewhere to live. Our house just hasn't made us the pot of money which was glinting in our eyes when we bought it. Hasn't been a good investment for us, emptied the bank account, and we'd only be back to square one if we sold up now. It's tough tulip though, innit.
The key is not to stretch yourself to the limit, which it looks like many people may have. Let's just hope there's plenty of slack should interest rates rise >1%
The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”
An all too common misunderstanding. Buying your first property is getting somewhere to live. Subsequent properties are investment.
You might feel better if your prime residence is worth what you consider to be a lot, but this doesn't really enable you to realise it in general. Normally your heirs will thank you though.
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