Sunday, February 17, 2008
Sellers still want funny money
Sell-to-rent boom as buyers back off
People selling and renting, instead of buying again for silly money. Who thinks this is a bad idea? Why, estate agents of course. One says it's a high risk strategy. More high risk than borrowing up to the hilt and sinking that and every bit of your savings into a single asset? Sounds like a no-brainer to me. Which, incidentally, rather aptly describes estate agents.
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