Reply to topic  [ 16 posts ]  Go to page Previous  1, 2
First-time buyers need a £31,500 deposit 
Author Message
Legend
User avatar

Joined: Fri Apr 24, 2009 2:02 am
Posts: 29240
Location: Guantanamo Bay (thanks bobbdobbs)
Reply with quote
adidan wrote:
Our house was our best buy ever. Bought it before prices, and the area's intrinsic value, rose and is still roughly twice the price we paid for it about 7 years ago. It was more but then the market's down at the mo.

Just under 5 years left on the mortgage. Well, maybe, it depends if we borrow some more and by a 2nd smaller bungalow outright to rent out which is a possibility .

I was looking at the demographics of many countries and if we had the same birthrate asa Italy the UK population will be down to 18 million within a hundred years. Which will mean that there will be huge over supply of homes. So the very long term prospects for property are not that great. It could be that we are probably at the high point of UK property prices. In which case do not think that property is a sure fire winner.

_________________
Do concentrate, 007...

"You are gifted. Mine is bordering on seven seconds."

https://www.dropbox.com/referrals/NTg5MzczNTk

http://astore.amazon.co.uk/wwwx404couk-21


Thu Mar 10, 2011 12:59 pm
Profile
Display posts from previous:  Sort by  
Reply to topic   [ 16 posts ]  Go to page Previous  1, 2

Who is online

Users browsing this forum: No registered users and 21 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group
Designed by ST Software.