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matt173407

Tell Me Why I Should Buy Then!

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There is 2 flats for sale where i am in leeds , one a 1st floor flat and one a fourth floor, both on market for months at 129k, the fourth floor has put up the price to about 145k now as some gormless EA didnt check it!!!

I rent one on the fifth floor whith no stress no worries for £400 a month!!!

ha ha the world is mad if you think i would up that to £1000 a month just to say i bought a property!!!

maybe its me but long live stress free living

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There is 2 flats for sale where i am in leeds , one a 1st floor flat and one a fourth floor, both on market for months at 129k, the fourth floor has put up the price to about 145k now as some gormless EA didnt check it!!!

I rent one on the fifth floor whith no stress no worries for £400 a month!!!

ha ha the world is mad if you think i would up that to £1000 a month just to say i bought a property!!!

maybe its me but long live stress free living

You should not, but you know that. You should however invest cash for your future rather than spending it all on ipods :)

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There is 2 flats for sale where i am in leeds , one a 1st floor flat and one a fourth floor, both on market for months at 129k, the fourth floor has put up the price to about 145k now as some gormless EA didnt check it!!!

I rent one on the fifth floor whith no stress no worries for £400 a month!!!

ha ha the world is mad if you think i would up that to £1000 a month just to say i bought a property!!!

maybe its me but long live stress free living

£145,000 with an income of £400p.m. = a 3.3% yield. That might sound low, but remember the eternal truths about housing:

1. Prices only go up

2. Renting is dead money

Also, I'm sure you don't mean £1,000 a month (repayment mortgages are for mugs), but £650 a month, as interest-only mortgage saves you big money!!

You better get on the ladder now, before it leaves you behind!!!

But seriously, has anyone made any offers on those flats at such cr@p prices?

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But seriously, has anyone made any offers on those flats at such cr@p prices?

But even if the flats don't sell, all the owners have to do is put up the asking prices and they've made a whole wad of paper wealth. Haven't they?

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1. Prices only go up

2. Renting is dead money

1.Never heard of the housing cycle?

2.So is paying the bank interest (read as rent)

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1.Never heard of the housing cycle?

2.So is paying the bank interest (read as rent)

Another reason to condemn HPI -- it is obviously contributing to the death of sarcasm! *sigh*

I forgot to add the tag-line of that one w*&ker who used to make bullish posts -- KOTC I think was his name:

'I know what a renter has at the end of lease - NOTHING'

Edited by jrbxyz

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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