AT LAST!!.. Selling To Rent might be a great call right now

chucknorris

I can certainly see the arguement of postponing buying at the moment, but selling to rent is a whole different ball game.

homelessskilledworker

I think some people just do not get it, it's irrelevant to whether selling to rent is a good idea or not, the fact is it is going to happen and only a certain percentage will profit from it, and I will now try and explain why...

I read some of the posters on this board and they just do not get it, they have no idea what lies ahead. They do their sums and decide that holding on to a mortgaged house will make them really well off as opposed to being a little better off etc etc. What they fail to grasp is that we are probably heading for a bad recession after just coming out of one, I suspect we are heading for a depression, and it could be something even worse if the Euro is not sorted. It's not going to be a choice for some as to whether they sell their home or not in order to feed the family, it will be a necessitie.

It is happening now if only some of you would walk out of your front doors, people are scraping a living, cutting back, selling their stuff on ebay. Assets are having to be sold off to help people get by, and with the credit crunch likey to get worse next year.
So many people have the attitude at the moment that if they can just survive a little longer then all will be right next year. They are clinging on, taking on a little more debt than they should, Bills not being paid, in the hope that next year will be better.

STR will happen, but it will be forced rather than an option.

julieq

Yep, it's terrible out there. Standards of living back to 2004 levels We'll be medieval in about 1400 years.

homelessskilledworker

julieq wrote: »

Yep, it's terrible out there. Standards of living back to 2004 levels We'll be medieval in about 1400 years.

Medieval period ended only 500 years ago, you constantly show your ignorance, which I have also noticed with your immigration contributions.

Carl31

homelessskilledworker wrote: »

Medieval period ended only 500 years ago, you constantly show your ignorance, which I have also noticed with your immigration contributions.

she has got a point, its not like the streets are lined with families begging for food

anyone pleading poverty in this country should take a trip to third world country and cry about not being able to afford to go on holiday or pay for sky tv, see what response they get from that

homelessskilledworker

Carl31 wrote: »

she has got a point, its not like the streets are lined with families begging for food

anyone pleading poverty in this country should take a trip to third world country and cry about not being able to afford to go on holiday or pay for sky tv, see what response they get from that

I agree...

And thats why i go out of my way to make the simple things in life count, today for example I will be doing a few hours work this morning then going on a 10 mile run around Grafham water with a bunch of us followed by an outside bbq, cheap as chips and healthy.

But many people are so pampered in the UK, they think going without TV for a week as a nighmare. But there are a good sizable amount of people in the UK that right now are drowing in debt, and they are not having a nice time.

julieq

homelessskilledworker wrote: »

Medieval period ended only 500 years ago, you constantly show your ignorance, which I have also noticed with your immigration contributions.

Only if if we regress at one year per year. If you're going to demand high precision from throwaway remarks - which incidentally made the point it was trying to make - then why not start by defining the rate at which you think our quality of life is being degraded?

Outside your narrow experience, most people are doing fine. We have high employment rates, most people deal with their finances just fine. Honestly we are.