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House Price Crash Forum

In For A Penny, In For A Pound

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"If something is worth doing then it is a case of In for a penny, in for a pound, which means that when gambling or taking a chance, you might as well go the whole way and take all the risks, not just some."

Is it just me? I work hard and save up for eveything I purchase whereas others (many of my friends) use credit cards and have a large amount of debt? I always used to think that this (saving) was the best way other views?

I have a good job and deposit saved. but I belive that there is something wrong with house prices ( I can't see them going up, but they have a long way to fall ) so I am waiting.

But if I was the type of credit using person above, my thinking would be to get as much money as possible to buy a house (rather than what I can afford!)

Are we in the time now when the realisation is kicking in and people see that they cannot afford to continue like this (or ingnorance is bliss). It just a waiting game now.

So hopefully

The best things come to those who wait :)

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