Homeless people with a WRECKING BALL driving a NAIL down the soldiers bodies.homeless
I felt least for them. Taking on a £2k a month (I'm sure a 100%) mortgage because you can 'afford it' then one client stops paying and you lose your house isn't deserving of sympathy imo. That's the mark of a cretin.feetabix":1gb9yf6y said:I was strangely depressed by it all really......I felt for the family with the two girls, must be an awful thing to happen at a time of life when thoughts of retirement start......I felt a bit sick when the bailiff arrived and asked 'are you ok?'.......talk about poorly timed comment!....
The problem isn't even one of prices, mortgages or markets; it's greed pure and simple. Even buying a few years ago at the peak wouldn't have been a problem if you had a decent deposit and only took say 70% of what you were offered. That would give enough slack to get away with most of any future fluctuations in house prices or interest rates.highlandsflyer":2f5x1848 said:I have a pal who asked my advice a three years back on buying a place. I told her she ought to wait until things settle down, but she went ahead, and did not speak to the financial advisor I set her up with.
Now she is struggling, and has had to take a couple in and work a second job. All to serve a mortgage that could have been 20% less if she had waited a while.
Have to agree a little with Techno, people buy as though it is always a secure investment, when it is actually a massive long term binding debt.
jamabikes":22pvdx7t said:pee's me off when everyone who buys property expects to make money. i bought a home not an investment.