Tuesday, July 17, 2007

Property: an investment or somewhere to live?

Taking his first step at 12 weeks

My two lads both play for football teams. Most of the players want to buy, but can't afford it. The article is all about buying property as an "investment" for 12 week old babies.... (BTL by another name?).

Posted by alan @ 01:31 PM (498 views)
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8 thoughts on “Property: an investment or somewhere to live?

  • tyrellcorporation says:

    SICK!

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  • Bubbles. . . says:

    Absoloutly MAD! WHY? Does he inherit the defecit?/debt when he is older in trust…What about inheritance tax he surely hasnt got a job to pay for it? Whats the multiplier knappies? SICK! i agree…..

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  • Well, if that does not prove to be peak-of-market-madness, I give up!

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  • More and more inventive ways of investing in an bubble…

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  • Using a baby as a human shield. Hamas would think twice.

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  • I like the subtle psychological twist of portraying other parents as sort of inadequate because they can’t afford to property invest (BTL) for their BayBees, quite nauseous really but then we are talking London.

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  • This is sick! I am ready to emigrate…

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  • Captain Sensible says:

    The good news is that this type of idiotic story always comes right at the peak of bubble market madness. At the peak of the 80s property boom I recall stories about gaps between houses (usually about the width of a phone box) being turned into saleable properties. See this madness as good news for everyone steering clear of the market until it settles down.

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