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Thick as sh*t

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Lady rents a house two doors up, mid 50s, married with one son. Own a flat in spain where they lived for years, don't want to sell it because prices are so low. They would still end up with a lump sum but don't want to give it away.  Also complain about expensive prices in UK, and are thankiful that their 20yr old son can buy having been given a lump sum via inheritance.

Join. the. f*cking. dots.

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Spanish property just rocketed up around 20% in last 2 months thanks to Brexit. Would be good time  to sell?.....in next month or so. 

However, soon Brits won't buy ther cos they won't get their nhs reciprocal cover overseas once we're out of EU. Property on costas will soon become impossible to shift. 

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My brother in law was at ours today talking about a 30 year old colleague and her new boyfriend, who are trying to take out a 35 year mortgage. Both in mediocre office jobs, both with kids, both with outstanding non-mortgage debt. They've had an offer accepted on a 4 bed detached house for 480K because "house prices are cheap at the moment, HPI forever etc". To buy they've both sold their own houses and scraped together just enough equity for a 10% deposit but have been knocked back apparently due to the combination of long term and relatively low deposit. They're now going to a broker to find a bank stupid enough to lend to them. Another for the 'greater fools hall of fame'...

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