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Negative equity..
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I think there's some people around who expect everyone else to be completely on top of market conditions, and to get into, and out of the market at exactly the right time. But actually, most people (myself included) just kinda get on with life and decisions are made due to life factors (moving out from parents / getting married / moving jobs etc. It's only with hindsight that it seems such a huge mistake.
I totally agree with you. All the media seem to imply that if you have bought at the wrong time/sold at the wrong time/took out a mortgage at the wrong time that you are in some way stupid/misinformed/ignorant/short sighted etc etc, when in fact most people only make massive decisions because they fall in love/get different job/get divorced/widowed/have kids etc etc.
A very good point.[SIZE=-4]MF date: Dec [STRIKE]2028[/STRIKE] 2019. Overpayments in 2007=£900, 2008=£1200 2009=23400[/SIZE]0
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