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Daily Boom

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    Daily Boom

    U.K. House Prices Climb - WSJ.com

    So house prices rising, interest rates not going up this century, pound heading towards total devaluation, inflation rampant.

    If now isn't the time to get a HUGE mortgage and buy property, I don't know when is.

    Let's face it, your grandchildren will laugh when you tell them you once had £1,000,000 in savings, but might be not laugh so much if you told them you own a house. Something they are unlikely to ever do.

    #2
    Falling in real terms though.

    Comment


      #3
      Originally posted by TimberWolf View Post
      Falling in real terms though.
      Not as much as sterling though.

      A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

      Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.

      Comment


        #4
        Originally posted by DimPrawn View Post
        Not as much as sterling though.

        A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

        Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.
        WHS
        Work in the public sector? Read the IR35 FAQ here

        Comment


          #5
          Originally posted by DimPrawn View Post
          Not as much as sterling though.

          A big house is still a big house in 20 years. What's a pile of cash going to be worth/buy you? Probably not even legal tender by then.

          Gold, property, jewels, fine wines, stamps, antiques, classic cars. Anything but cash.

          WHS +1.75
          Vote Corbyn ! Save this country !

          Comment

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