ollie plimsolls Posted August 19, 2009 Share Posted August 19, 2009 Telegraph We, in case you were wondering, are the faithful, foreign home-owning, frequent-flying fans of what you sometimes laughingly call an airline. There are several hundreds of thousands British residents who would never have actually slammed down the money for houses in Europe if you hadn’t first torn up the rule book about how to run an airline. For that, at least, we thank you. Not sure how much sympathy she will elicit from ryanair by mocking them. Quote Link to comment Share on other sites More sharing options...
Lone_Twin Posted August 19, 2009 Share Posted August 19, 2009 TelegraphNot sure how much sympathy she will elicit from ryanair by mocking them. My girlfriend's friends were trying to persaude us (i.e. her) to go in on a off plan italian "apartment" in the middle of nowhere early last year. i told them they were mad as: 1) The property would lose value leaving us in neg-eq 2) The pound would lose value rendering the Euro mortgage much more expensive. 3) The budget airlines would start withdrawing the routes as the recession hit. 4) Going on holiday repeatedly in one cr@p place in italy for decades is a really stupid idea. Turns out I was correct on all counts Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 19, 2009 Share Posted August 19, 2009 cheap flights couldnt last forever. Quote Link to comment Share on other sites More sharing options...
Guest X-QUORK Posted August 19, 2009 Share Posted August 19, 2009 TelegraphNot sure how much sympathy she will elicit from ryanair by mocking them. She's gone straight to the top of my list of things to be deeply concerned about. Quote Link to comment Share on other sites More sharing options...
Moley Posted August 19, 2009 Share Posted August 19, 2009 Mr O'Leary could give a shit. http://www.independent.co.uk/news/business...off-734492.html Quote Link to comment Share on other sites More sharing options...
worried1 Posted August 19, 2009 Share Posted August 19, 2009 TelegraphNot sure how much sympathy she will elicit from ryanair by mocking them. It just shows how flippantly a lot of Brits make investment decisions - buying a holiday home in full knowledge that she will not be able to get to it economically if one company contracts in size or goes bust. Quote Link to comment Share on other sites More sharing options...
Agentimmo Posted August 19, 2009 Share Posted August 19, 2009 My initial plan for my maison secondaire was to spend a week there for each of the summer months. So far, I have only managed once or twice a month for three or four days at a stretch – I suspect her "plan" was to buy in Provence like all of her journo and meeja friends in the expectation of making some nice profits due to HPI. For the time she claims to spend there, renting a villa would have been much less expensive. I'm loving this aspect of the Depression. All those who have indebted themselves buying 2nd houses they never lived in, thus pricing locals out of the market, are now starting to realise the folly of their "investment". I don't care much for O'Leary. But I hope he continues his cost cutting exercise around Europe. Quote Link to comment Share on other sites More sharing options...
Guest X-QUORK Posted August 19, 2009 Share Posted August 19, 2009 Mr O'Leary could give a shit.http://www.independent.co.uk/news/business...off-734492.html No, it's "Mr O'Leary couldn't give a shit". People keep getting this wrong and it's simply not good enough. Quote Link to comment Share on other sites More sharing options...
The Ayatollah Buggeri Posted August 19, 2009 Share Posted August 19, 2009 I suppose it'll be Polly Toynbee whining about her villa in Tuscany next. Quote Link to comment Share on other sites More sharing options...
markinspain Posted August 19, 2009 Share Posted August 19, 2009 I think it's great news! Quote Link to comment Share on other sites More sharing options...
monty1080 Posted August 19, 2009 Share Posted August 19, 2009 She's gone straight to the top of my list of things to be deeply concerned about. I will have to remember that when the wife complains about only having 3 pairs of Jimmy Choos. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted August 19, 2009 Share Posted August 19, 2009 No, it's "Mr O'Leary couldn't give a shit". People keep getting this wrong and it's simply not good enough. I thought only Americans got that wrong? It drives me mad to read things like, "I could care less!" Quote Link to comment Share on other sites More sharing options...
Pindar Posted August 19, 2009 Share Posted August 19, 2009 And the moral of the story is that you shouldn't plan your life and property purchases on the back of an expectancy that cheap airlines are here to stay. They (Ryanair and their ilk) weren't in business to act as an air taxi for you to get to your second home (which some local no doubt can no longer afford). Sensible planning should not rely on untested business models. Quote Link to comment Share on other sites More sharing options...
worzel Posted August 19, 2009 Share Posted August 19, 2009 I know people who have places in Croatia, and they are not suffering at all as far as I know. Nothing wrong with having an investment property overseas as such, as long as you dont over borrow to buy it and have a geographically diverse market e.g. there are plenty of people from the rest of Europe that are within a fairly comfortable drive of croatia, or other holiday home destinations. Those pokey apartments in the middle of nowhere will most certainly suffer though. Quote Link to comment Share on other sites More sharing options...
OLDFTB Posted August 19, 2009 Share Posted August 19, 2009 One commenter wrote: "Please don't ask me to feel sorry for rich people who have second homes in France. We don't have an obligation to go on carrying them to their destinations for ever and a day. If routes don't work, we won't hang around." Michael O'Leary, Nov 2003 http://www.independent.co.uk/news/business...off-734492.html "You were warned!" LOL Quote Link to comment Share on other sites More sharing options...
Muskoka Posted August 19, 2009 Share Posted August 19, 2009 I could never understand the concept of buying a second home abroad. Who wants to go to the same place year in/year out? Some maybe, but not most. And, also the cost of maintaining a second home, unless your going to have the grief of renting and the problems and liabilities that come with it..... As an investment, I guess maybe it made sense historically but certainly not anymore. Quote Link to comment Share on other sites More sharing options...
brianjamesos Posted August 19, 2009 Share Posted August 19, 2009 (edited) O' Leary responded to this kind of bleating about 5 years ago. Something to the effect of 'Please don't ******ing expect me to feel sorry for rich people with second homes'. Don't journos have access to Lexis Nexis? Well ******ing use it you dimwit! Edit: Didn't see the post above saying similar. Anyone know why posts are showing in 'tree' format for me? Edited August 19, 2009 by brianjamesos Quote Link to comment Share on other sites More sharing options...
Englebert Posted August 19, 2009 Share Posted August 19, 2009 I thought only Americans got that wrong? It drives me mad to read things like, "I could care less!" Totally agree. I can't take anyone that seriously who make asinine spelling mistakes like this. It makes them look stupid. Quote Link to comment Share on other sites More sharing options...
Minos Posted August 19, 2009 Share Posted August 19, 2009 I could never understand the concept of buying a second home abroad. Who wants to go to the same place year in/year out? Some maybe, but not most. And, also the cost of maintaining a second home, unless your going to have the grief of renting and the problems and liabilities that come with it..... As an investment, I guess maybe it made sense historically but certainly not anymore. I feel the same way about marriage. Quote Link to comment Share on other sites More sharing options...
DeepLurker Posted August 19, 2009 Share Posted August 19, 2009 Quote Link to comment Share on other sites More sharing options...
Dorkins Posted August 19, 2009 Share Posted August 19, 2009 Anyone know why posts are showing in 'tree' format for me? Clear your cookies, should sort it. Quote Link to comment Share on other sites More sharing options...
Moley Posted August 19, 2009 Share Posted August 19, 2009 No, it's "Mr O'Leary couldn't give a shit". People keep getting this wrong and it's simply not good enough. I was, like, trying to do Valley Girl. As anyone who has read my posts no, my gramma and sintacks is purfik. Quote Link to comment Share on other sites More sharing options...
shedfish Posted August 19, 2009 Share Posted August 19, 2009 I thought only Americans got that wrong? It drives me mad to read things like, "I could care less!" i quite like it - it implies that were circumstances different i might, but they're not, so i don't... so gag me with a spooooon Quote Link to comment Share on other sites More sharing options...
Guest X-QUORK Posted August 19, 2009 Share Posted August 19, 2009 I was, like, trying to do Valley Girl. As anyone who has read my posts no, my gramma and sintacks is purfik. Gotcha. Far too clever for me . FWIW you read well so I was shocked when I saw what turns out not to be an error, as it were. Quote Link to comment Share on other sites More sharing options...
R K Posted August 19, 2009 Share Posted August 19, 2009 You bought a SECOND home you don't need? In a country you don't live in? That you can only get to on O'Leary's charabang? They're homes you stupid woman, not f*cking handbags! Quote Link to comment Share on other sites More sharing options...
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