honkydonkey

Yes it’s called renting. You borrow the house, pay for that borrowing, then buy it after the price has fallen. You’re also off the hook if prices go up, so win win 😂

Interesting read. Thanks.

Between 1997 and 2016, UK property prices have grown by 11.65% per year on average.1 Sounds wonderful. I wonder what years 2016 to 2035 will average,

That’ll be their entertainment and socilaising budget gone then. Now, let’s talk about having a family....

The sums involved there are just mental. 36year mortgage @3.3% fixed for 2 years. They’d be screwed if anything happens to interest rates in the next 15 years

Is this Christmas Cludo HPC style?

Japan.

Amazon getting tax breaks is much akin to the BTL crowd getting the same advantage. Result: decimation.

Not surprised she has damp judging by the state of her kitchen.

Mexico’s 100 year bond trades at 5.5%. 2008 is still affecting bond prices across the globe. Nothing is normal.

https://www.dailymail.co.uk/news/article-6457027/Young-people-three-times-likely-homeowners-30-parents-one.html

Houses should not, and never be HMO's. They were not designed for this, that's what flats are for. All it does is force people into less and less acceptable living arrangements. If more hmo's are needed, then build more flats, not convert houses down to the lowest possible denominator. If 6 people want to band together and rent a house, great. They will be paying far less doing it this way than renting a crappy room with no lounge they can socialise in etc. All HMO's allow is a landlord to cream more rent for less.

The land to feed people can be anywhere on earth. Your argument doesnt work in terms of housing solely in the UK; a country that has to import food to feed everyone.

Put another way the landlord was able to gamble 100k with the hopes of 'winning' over 5 million, that would be like buying apple shares when they were crap, or bitcoin at $400 and cashing out at the high. That's a pretty healthy bet, if it wasn't for that pesky 0.5% interest rate raise lol. The only point I raise is, why aren't we all doing it?

I don’t think so. There’s so many vans out there, people living in them will always be relatively niche.