I've seen this house I want

[Mich the Tester]

Unfortunately everyone thinks their own taste is best.

Indeed they do.

[ZARDOZ]

Really this debate isn't about property but about what kind of person you are:
urban sophisticate or dull countrified bumpkin.

Ok, you don't have to justify your choices to me. You do however sometimes sound like a man proud of his 1 inch willy.

[DimPrawn]

Really this debate isn't about property but about what kind of person you are:
urban sophisticate or dull countrified bumpkin.

No, it's about buying property when it is historically cheap vs expensive in relation to earnings and credit availability.

[Mich the Tester]

No, it's about buying property when it is historically cheap vs expensive in relation to earnings and credit availability.

Is that a bit like what Gordon did with the gold, but the other way around?

[d000hg]

Really this debate isn't about property but about what kind of person you are:
urban sophisticate or dull countrified bumpkin.

Or dull urban bulltulipter.

[DimPrawn]

Is that a bit like what Gordon did with the gold, but the other way around?

That's it!

It works quite well on many things. Property, bonds, gold, equities.

Those that buy at historic lows tend to do better than those that buy at historic highs.

Hey, I should teach this stuff!

[Mich the Tester]

Those that buy at historic lows tend to do better than those that buy at historic highs.

Those that take a stonking great commission for buying and selling at any price tend to do better.

[DimPrawn]

Those that take a stonking great commission for buying and selling at any price tend to do better.

Don't buy and sell too often then.

[sasguru]

Ok, you don't have to justify your choices to me. You do however sometimes sound like a man proud of his 1 inch willy.

My willy is big enough to fill a pram, I'll have you know.

[sasguru]

Ok, you don't have to justify your choices to me. You do however sometimes sound like a man proud of his 1 inch willy.

Seriously though, I am proud of the fact that I've reached early middle age having no debts and owning 2 nice properties outright (and a 3rd with a small mortgage).
Not rich by any means but secure and sort of free of the economic machine that forces you to earn, consume and spend ad nauseum.
That however raises a few new existential challenges, but that's another story.