Sunday, Mar 29, 2009

Outrageous advice

The Independent: A little help from your friends: the door opens for first-time buyers

Yet another awful example of the press encouraging "the generation who know no better" to throw away their financial futures!
They should be educating them, not shafting them!

Posted by wdbeast @ 12:33 PM (890 views) Add Comment

5 Comments

1. alan said...

IMHO Mortgage rates will go up in 4 months time, following a rising trend of interest rates in the UK.

Just the time to stretch yourself to the limit...NOT

Sunday, March 29, 2009 12:49PM Report Comment
 

2. Mrflibble said...

The stupidity continues... Lets hope there are more people out there who don't go for daft schemes like this than there are who do... Patience people, patience... Renting may suck, but it beats loosing 1-2% a month on a few hundred grand...

Sunday, March 29, 2009 01:02PM Report Comment
 

3. mrflibble said...

The stupidity continues... Lets hope there are more people out there who don't go for daft schemes like this than there are who do... Patience people, patience... Renting may suck, but it beats loosing 1-2% a month on a few hundred grand...

Sunday, March 29, 2009 01:02PM Report Comment
 

4. Daniel said...

What a completely stupid article. About time these stupid, dangerous, ridiculos people, whom I can only imagine are self interested Buy To Letters are named and shamed.....

The award for: Todays Greatest Stupidity in Reporting of House Prices goes to ...................Chiara Cavaglieri of the Independent

Sunday, March 29, 2009 01:38PM Report Comment
 

5. Bonkers said...

Relax,

Any article like this gets completely nuked : look at the comments attached to it! The HPC 'attack team' are murderng any journo attempting to ramp....Just as the bubble was talked up the crash is being talked down...

Sunday, March 29, 2009 08:55PM Report Comment
 

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