winkie Report post Posted January 28, 2006 Hey... What fool would want to buy today? When all the graphs, statistics & evidence are telling you to watch and wait...Bide your time, save and accumulate. House prices are well over valued compared to the average persons income, and the cost of maintaining a few bricks. Not forgetting the infelexability of owning, and the risk of having an asset worth less than what you paid for it!! Is a Major disadvantage. Freedom is not only the right to use your judgment, but the obligation to live with the consequences Quote Share this post Link to post Share on other sites
Mr Blek Report post Posted January 28, 2006 Hey... What fool would want to buy today? When all the graphs, statistics & evidence are telling you to watch and wait...Bide your time, save and accumulate.House prices are well over valued compared to the average persons income, and the cost of maintaining a few bricks. Not forgetting the infelexability of owning, and the risk of having an asset worth less than what you paid for it!! Is a Major disadvantage. Freedom is not only the right to use your judgment, but the obligation to live with the consequences Ever since Thatcher made home ownership a reality, its now embedded into our psyche to get on the property ladder. A fool and his money are easily parted. Quote Share this post Link to post Share on other sites
crash co-ordinator Report post Posted January 28, 2006 lets all buy caravans for now. Quote Share this post Link to post Share on other sites
winkie Report post Posted January 28, 2006 lets all buy caravans for now. Don't knock caravans, if in the right location, can be better than a high rise new build box in a city centre. Choice, not chance, determines destiny. Quote Share this post Link to post Share on other sites
Mr Blek Report post Posted January 28, 2006 lets all buy caravans for now. Why, when there struggling BTL landlords who are renting out £500,000 houses cheap? Quote Share this post Link to post Share on other sites
winkie Report post Posted January 28, 2006 Why, when there struggling BTL landlords who are renting out £500,000 houses cheap? Let the BTL's take the Strain and when they start to Pain, others will know they are on the way to making a Gain. Quote Share this post Link to post Share on other sites
Guest Bart of Darkness Report post Posted January 28, 2006 Freedom is not only the right to use your judgment, but the obligation to live with the consequences Indeed. It's the second part of that sentence that seems to have fallen out of favour in this country. Quote Share this post Link to post Share on other sites
winkie Report post Posted January 28, 2006 Indeed. It's the second part of that sentence that seems to have fallen out of favour in this country. Bart, I could go on but it never ceases to amaze me how people don't consider the consequences of their actions, be it: - Spending what they haven't got. - Buying what they cannot afford. - living a life that they think we want, with money they haven't earned. What you don't owe won't hurt you. Quote Share this post Link to post Share on other sites
