Originally posted by seanraaron
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What do you think? Borrow more debt or not?
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After owning a few places followed by being off the ladder for several years I have to say the appeal of home ownership is fading for me. Private landlords suck, but I'm hoping the government will eventually drive the slum lords out of the trade and leave it to heavily-regulated management companies to administer the rental stock.
If I'm saving stacks of cash, it's not going to be to someday dream of a neighbourhood I actually want to live in, thanks.Last edited by seanraaron; 18 February 2016, 11:17.Comment
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Originally posted by seanraaron View PostAfter owning a few places followed by being off the ladder for several years I have to say the appeal of home ownership is fading for me. Private landlords suck, but I'm hoping the government will eventually drive the slum lords out of the trade and leave it to heavily-regulated management companies to administer the rental stock.
If I'm saving stacks of cash, it's not going to be to try to someday dream of a neighbourhood I actually want to live in, thanks.Comment
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Originally posted by ChimpMaster View PostYou're an idiot if you think that will help anyone but Gideon's mates.Comment
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Originally posted by ChimpMaster View PostI have debt of almost £700,000
Cheap money means easy riches.Comment
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Originally posted by DimPrawn View PostMy ex sister-in-law has about £2m in BTL debt, but the property "portfolio" has nearly doubled in value so she's not done too bad by borrowing the QE money overall.
Cheap money means easy riches.Comment
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Originally posted by ChimpMaster View PostSo she's made £2m but according to Sean she's part of the "crap shoot of skinflints trying to play junior real estate tycoon. "Comment
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Originally posted by seanraaron View PostIf I'm saving stacks of cash, it's not going to be to someday dream of a neighbourhood I actually want to live in, thanks.
Don't say you weren't warned!Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by OwlHoot View PostWhen hyperinflation hits, in two or three years tops, people with "stacks of cash" will find it vaporised in an inflation firestorm.
Don't say you weren't warned!Comment
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