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Sell early 2008, buy back 2015?
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The housing market is tough and crazy at the moment...the culture in this country is to move every 4-7 years redecorate/ improve every other year we all want to live in nicer neighbourhoods - as a result it costs more - there are all these chains involved in the process. Last year I had a lucky escape really me and hubby lusting after our ideal home - could just afford it... needed total refurb - by freak of nature vendor changed mind at last minute - very disappointing lost some money blah blah but the upside is I dont have to be bondaged to my stressful 9-5 anymore I can buy back alittle bit of my life and plan babies instead of being hilted to my eyeballs and chained to soul destroying job.
I think society is forcing us to live in a very unbalanced and unproductive way... which there will be a price to pay in some way or another. Its so tough because at the end of the day we all need a roof over our head the system is crazy right now!!!!. I guess all we can do is prepare in the small ways that we can...
for some that will mean keep squirelling the deposit
others it will mean reducing likelihood of repossession
for us it means making do in the house we have now
I'd rather make do with the road Im in now then be on edge because of impeeding interest rates - lucky for us there is room to expand into.:j Where there is a will there is a way - there is a way and I will find it :j0
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