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Methinkshe

Local Builder Advises Newly-wed Daughter To Buy Property

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I could barely believe it when my soon-to-be-married daughter told me that a local builder whom she knows well advised her not to rent, it's a waste of money, and do as his newly married daughter had done, on his advice, and buy a flat so as to get on to the property ladder.

Now, this is from a local builder, and a man who protests that he keeps in touch with current affairs. Fortunately my daughter is more inclined to believe me. But I was gob-smacked.

Perhaps it is because Cornwall is always 6 months or so (or should I say six years!) behind what is going on in the rest of the country. And admittedly I haven't seen much evidence yet of local house price falls. Nevertheless, I found it difficult to believe that there are still people out there who are advising yougsters just starting out on married life to jump on the property ladder because paying rent is a waste of money.

Edited by Methinkshe

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I could barely believe it when my soon-to-be-married daughter told me that a local builder whom she knows well advised her not to rent, it's a waste of money, and do as his newly married daughter had done, on his advice, and buy a flat so as to get on to the property ladder.

Now, this is from a local builder, and a man who protests that he keeps in touch with current affairs. Fortunately my daughter is more inclined to believe me. But I was gob-smacked.

Perhaps it is because Cornwall is always 6 months or so (or should I say six years!) behind what is going on in the rest of the country. And admittedly I haven't seen much evidence yet of local house price falls. Nevertheless, I found it difficult to believe that there are still people out there who are advising yougsters just starting out on married life to jump on the property ladder because paying rent is a waste of money.

Why are you surprised? It's what 90% of the population believe.

Biggest mass con trick in history.

And proof of the collective stupidity of people.

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Why are you surprised? It's what 90% of the population believe.

Biggest mass con trick in history.

And proof of the collective stupidity of people.

Quite a few sold boards when I drove into N3 and NW11 yesterday even on the main road.

I hope they're bluffs but by hoping for that it makes me in denial.

However, perhaps they had to give a large discount.

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Why are you surprised? It's what 90% of the population believe.

Biggest mass con trick in history.

And proof of the collective stupidity of people.

:lol::lol:

We need a cultural shock to wake up the population. How can they believe that buying an overpriced property & unsustainable debt is better than renting?

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:lol::lol:

We need a cultural shock to wake up the population. How can they believe that buying an overpriced property & unsustainable debt is better than renting?

...........mass brainwashing by TV programmes like Loction Property Revisted in the Grand Design Ladder of the Home Sun or Away With the Fairies?

I still find it difficult to believe........

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Why are you surprised? It's what 90% of the population believe.

Biggest mass con trick in history.

And proof of the collective stupidity of people.

Imo, 75% of the population are just plain thick , unfortunately 75% is the majority , and it's the majority opinion that rules.

Edited by grey shark

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I could barely believe it when my soon-to-be-married daughter told me that a local builder whom she knows well advised her not to rent, it's a waste of money, and do as his newly married daughter had done, on his advice, and buy a flat so as to get on to the property ladder.

Now, this is from a local builder, and a man who protests that he keeps in touch with current affairs. Fortunately my daughter is more inclined to believe me. But I was gob-smacked.

Perhaps it is because Cornwall is always 6 months or so (or should I say six years!) behind what is going on in the rest of the country. And admittedly I haven't seen much evidence yet of local house price falls. Nevertheless, I found it difficult to believe that there are still people out there who are advising yougsters just starting out on married life to jump on the property ladder because paying rent is a waste of money.

Friend of my wife's just announced that she had just bought a 30% share in a flat in Bath (Apparently valued at £180k). Ouch.

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I wouldn't class Grand Designs as property porn as such. I like watching that just to see what they build and how it looks. They don't seem too concerned with ramping the market or what sort of return they're getting - it's mostly about building a dream *home*.

I wouldn't worry about for sale signs either - it's likely they've reduced the price to sell.

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  • 292 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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