Jump to content
House Price Crash Forum
Sign in to follow this  
Guest worthless_site

So You Wanna Buy

Recommended Posts

Guest BAREBEAR_soon to be ALIVA

To get on d ' ladder'

And guess what if mum and dad put 20k of there savings down and you borrow 4.5 times your income you can buy a one bedroom flat and then your on the ' ladder' and you haven't 'missed the boat'.

So lets hope you and your sweetheart enjoy your bijou flat because you'll be in it for 10 years plus unless of course one of two things happen, it go's up value but you can't afford the next rung on the ladder because you have'nt been able to save anything as its all gone on mortgage and bills. It go's down in value and you cant sell it because you need to cover the mortgage.

If either of these things happen its highly likely the Mrs will leave or become pregnant and you will leave.

All very pessimistic but unless your job is safe and you know you will be earning substantially more in the future stay away from buying property.

Its full of pitfalls and the ladder is just an illusion , the reality is you will have to live in a pokey rabbit hutch for a considerable amount of time.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   291 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.