Reply to: New property investment concept; BTLI

[The Wikir Man]

You need to update your fonts to ones with decent Unicode support. Little squares are very 1990s.

Oh, unless you're using IE, in which case it's the browser's fault: MS couldn't be bothered to implement font substitution according to the spec (unlike all other browsers), and Verdana doesn't include Latin Small Letter Turned e (U+01dd) or Latin Small Letter Turned w (U+028d).

IE6

Not allowed to update anything on work PC.

[NickFitz]

Your signature doesn't work on this PC - I get little squares instead of the first and last characters.

HTH.

You need to update your fonts to ones with decent Unicode support. Little squares are very 1990s.

Oh, unless you're using IE, in which case it's the browser's fault: MS couldn't be bothered to implement font substitution according to the spec (unlike all other browsers), and Verdana doesn't include Latin Small Letter Turned e (U+01dd) or Latin Small Letter Turned w (U+028d).

[Francko]

and the house is worth more than I owe. Is this an unfamiliar position for many Brits?

For all those who bought in UK after 2006, yes. And there is a risk of further price falls too, so at the moment it's not necessarily the best strategy.

[The Wikir Man]

Your signature doesn't work on this PC - I get little squares instead of the first and last characters.

HTH.

[DiscoStu]

Dirty SPEKULANT!

[Sysman]

Trying to guess what it meant before opening the thread I came up with:

Buy To Leg It.

Definitely an option if you hit negative equity big time. Not necessarily a sensible option, but an option nevertheless.

[Jeebo72]

Well, new for the Brits anyway. The idea is this; Buy To Live In it. It’s simple really, you borrow some money in the same currency as your income, buy a house and then live in it. While living in it you can go out to work and earn some more money! Let’s imagine you spend 250,000 groats on a house and 50,000 groats on some training and qualifications, then both partners go out to work and earn 100,000 groats per year for 30 years. You’ll have earned 3,000,000 groats having invested only 300,000; that’s a tenfold increase! Can’t go wrong!

Yes, but you spend too much time in here reading posts about people making money in equity, forex and commodities etc when actually they made £500 over a 4 month period trading, and yet they’re actually on a £400 a day rate for pissing about with .NET away...

[d000hg]

but if I don't pay my stupid tax the economy will fail

I think other CUK members are eligible for much more stupid tax than you.

[original PM]

but if I don't pay my stupid tax the economy will fail


ooo

[DimPrawn]

probably buying a lottery ticket every now and then can't hurt either!

Dirty SPEKULANT!

[original PM]

I'm with you mitch

it would seem one of the best ways to make money is to work hard and take minimal risks...


probably buying a lottery ticket every now and then can't hurt either!

[Mich the Tester]

I know, it sounds really crazy, but I still have my house, my debt has shrunk by more than my income which has only reduced slightly in the recession and the house is worth more than I owe. Is this an unfamiliar position for many Brits?

[rz6bm7]

It misses the important factors of stress and the potential of extra income, it might be a good idea house 10 students in conservatory & smash the boiler up every six months kind of balance it out a little.
Buy a house and just live in it?? - whatever next?
state or private?

[DimPrawn]

That sounds like hard work.

The old system of borrowing 100% of the money, buying, letting it, then go on holiday for 5 years and come back and sell up and make 100% profit for doing nothing sounds much more exciting.

Boomed!

[DaveB]

Well, new for the Brits anyway. The idea is this; But To Live In it. It’s simple really, you borrow some money in the same currency as your income, buy a house and then live in it. While living in it you can go out to work and earn some more money! Let’s imagine you spend 250,000 groats on a house and 50,000 groats on some training and qualifications, then both partners go out to work and earn 100,000 groats per year for 30 years. You’ll have earned 3,000,000 groats having invested only 300,000; that’s a tenfold increase! Can’t go wrong!

Madness!

It will never work!