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TV Tonight
Comments
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That's not either speculation or investment, it's being in the right place at the right time and fundamentally what the chap has done the property equivalent of winning the lottery.
Good luck to the guy though, who wouldn't like to be in his position?
Just don't confuse it with some form of savvy investing or concious decision.0 -
It wasn't as good as last week. If you watched Eastenders, you probably made the right decision.
Disappointing.
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
Gorgeous_George wrote: »It wasn't as good as last week. If you watched Eastenders, you probably made the right decision.
Disappointing.
GG
Yep - was a bit disappointed after last week's more hard-hitting episode, this week it didn't seem to be making the tough points. Although still worth seeing though.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
That's not either speculation or investment, it's being in the right place at the right time and fundamentally what the chap has done the property equivalent of winning the lottery.
Good luck to the guy though, who wouldn't like to be in his position?
Just don't confuse it with some form of savvy investing or concious decision.
Ummm no danger of that after he swished by in the Audi.0 -
I didn't watch last week but it is a welcome change from Allsop & Whatsisname. For the first time people may be thinking, negative what (equity)?? I also thought it was good to demystify the idea that people are rich because their property is worth x££££. It was explained very well that you are not rich; in fact you are stuck because you cannot buy a bigger property.0
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I didn't watch last week but it is a welcome change from Allsop & Whatsisname. For the first time people may be thinking, negative what (equity)?? I also thought it was good to demystify the idea that people are rich because their property is worth x££££. It was explained very well that you are not rich; in fact you are stuck because you cannot buy a bigger property.
Last week's was a bit more focussed and hard-hitting though, I thought it kind of waffled around a little this week.
Maybe it's because anyone in who's done a bit of research knows all this stuff already that is leading to some of the criticisms. The programme has to be 'dumbed down' and simplified to a certain extent because it needs to get the point across to people who have maybe never thought this stuff out before.
I think it's pretty frightening that people would be taking on debts in the region of hundreds of thousands of pounds and not really be aware of all the factors at play. In some cases they don't even know the details of their own mortgage :eek:--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
^"In some cases they don't even know the details of their own mortgage".
They know/think that property prices can only ever go UP: for many, that's all they need to know :eek:BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
I thought the old guy with experience on his shoulders in last nights programme summed the whole situation up very well ... "either wages have to go up or prices have to come down" .... "it's a wise man who gets in at the bottom and out at the top"0
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^and wages are certainly not got going up, even taking into account the detrimental effect of inflation.BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!
THE KILLERS :cool:
THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:0 -
Sometimes I wish I was one of those people who doesn't know very much0
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