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Reply to: Bad news
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Previously on "Bad news"
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As a leveraged investment, with increasing inflation in the economy... it doesn't work out too badOriginally posted by TimberWolf View Post14% over 3 years? That's less than inflation.
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14% over 3 years? That's less than inflation.Originally posted by DimPrawn View PostUK house prices 'will hit all-time high by 2015' with average prices climbing by 14% | Mail Online
Boomed!
Fill yer boots! Snap up them cheap £700K bedsits in Brum!
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I'm just about to buy my 6th 'home' yippee!!
Where's a man to put his money these days, if not in hard assets?
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Hurry up!
UK house prices 'will hit all-time high by 2015' with average prices climbing by 14% | Mail Online
Boomed!
Fill yer boots! Snap up them cheap £700K bedsits in Brum!
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This time next year I might buy, but for now I'll probably have to pay increased rent for a year, I can't see new owners actually living in it, that's certainly a BTL buy
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C'mon Alexie just buy somewhere will you. You can install all the mixer taps your like and put a sofa in every room.
JFDI.
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Not really any different to the UK, a house on the market for £750K would cost about £2K to rent.Originally posted by scooterscot View PostI would buy my own place here in Munich, renting is €2k a month but to buy the same place I'd need €750k for my 2-bed apartment
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Originally posted by DimPrawn View PostThis is why renting in the UK is a mugs game.
I'm in the process of leaving a rented house to one I'm buying.
I would buy my own place here in Munich, renting is €2k a month but to buy the same place I'd need €750k for my 2-bed apartment
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What's a 'real estate agent?' And can you have a fake estate? Wait, fake estate that's like when you rent, right?Originally posted by AtW View PostReal estate agent called to say someone wants to buy nice flats I rent
My rent up for renewal in a few months...

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I reckon the whole thing is worth £2-3 mln.Originally posted by northernladuk View PostCan't you just out bid the potential buyer and buy the whole block yourself? You won't miss a bit of loose change.
Not even DimPrawn would lend that much on zoopla or whatever the hell he is using.
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