Is house price inflation advantageous or a massive con?

Crashy_Time

ilovehouses wrote: »

I got to this bit and decided he's got a first world problem - the best sort to have.

I got to this bit - "He values the total at £9m", and stopped reading (well started laughing actually :rotfl:)

westernpromise

Crashy_Time wrote: »

Why do you feel the need to post details that no one really cares about, day in day out, on a forum read by about six people on a good day?

Probably the same reason as you, Crashy.

If only that foolish man in the Telegraph article had done what you did, and rented a bedsit for the last 20 years. Imagine the worry off his mind of not having to worry about the nine million quid of property he owns!

The rich man is the one who knows he has enough, eh Crashy?

worried_jim

westernpromise wrote: »

Why in Leicester?

I used to live in Stafford and quite fancy buying a huge, cheap house there. Then I remember why they're cheap. Stafford is perfectly pleasant, but if you want coast, mountains, shopping, the arts or indeed anything, you can't walk to any of these things from Stafford.

Leicester must be the same surely?

Its where I'm from (Blaby) and it's where all my family is, all I have in Brighton is work. The countryside is beautiful (never go in the City it's a Taliban infested hell hole). I would be spending most of my time on the Bodrum Peninsula in Turkey where a nice two bed apartment with pool goes for about £60k.

These are just ideas and not concrete plans but it's good to have an end goal depending on circumstance.