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'The Greater Fool Theory: Does it apply to house purchases...' blog discussion
Comments
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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
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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
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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
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