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“House prices are a matter of opinion whereas debt is real.”
Wrong of course, cause this time its different, yessiree, no asset bubble going on here now we're a nation of landlords and their ain't ever gonna be enough houses to meet demand. Zillionaires one and all
Some good 'reported as fact' front page spin in The Times today, reasons for property prices to go onwards and upwards for ever ! The big developers need more land so they are putting pressure on the government to relax planning.
“House prices are a matter of opinion whereas debt is real.”
Wrong of course, cause this time its different, yessiree, no asset bubble going on here now we're a nation of landlords and their ain't ever gonna be enough houses to meet demand. Zillionaires one and all
All
Anyway, at least some of us have houses to lose. And for those of us who have seen the value of our houses quadruple over the last decade and who have mortgage payments that are less than what your parents charge you for bed and board then it is unlikely that our houses will end up in the hands of the banks.
Then we would all have understood what he was talking about eh?
Anyway, at least some of us have houses to lose. And for those of us who have seen the value of our houses quadruple over the last decade and who have mortgage payments that are less than what your parents charge you for bed and board then it is unlikely that our houses will end up in the hands of the banks.
Just be glad your little purchase did not work out a few months ago eh?
It's a geeky net thing that was spawned from a bad translation in an arcade game called Gradius, it said "All your base are belong to us" I have my own version in my sig.
It's a geeky net thing that was spawned from a bad translation in an arcade game called Gradius, it said "All your base are belong to us" I have my own version in my sig.
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