We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
'The Greater Fool Theory: Does it apply to house purchases...' blog discussion
Comments
-
I agree, but what about the person who just needs to buy to have somewhere to live?"The purpose of Life is to spread and create Happiness" :j0
-
hi all we baught a 3 bed house in oct 2007 on an intrest only mortage and are now in negitive equity any ideas?0
-
There's probably better places on the site to post this, and we'd need a lot more detail to give a decent answer, but in a nutshell I'd say do everything you can to reduce your mortgage.hi all we baught a 3 bed house in oct 2007 on an intrest only mortage and are now in negitive equity any ideas?
Sell stuff you don't need.
Work longer hours / extra jobs.
Use the different areas of this site to get your bills down.
Take in a lodger.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.5K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.5K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards