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Is it really THAT important to own your own home?
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inmypocketnottheirs wrote: »Me too! For exactly the same reasons! I do not invest money in depreciating assets, especially those that can lose upto 50% in the first year.
But I do invest in property. There may be ups and downs, and there may be short term slumps. But even amongst all this doom and gloom surrounding the Northern Rock fiasco, the population is set to rise by 9m by 2020. Where are they all going to live?
All the doom mongerers talking about property prices falling by 40%. I hope it happens, because then I will buy more.
I just hope that everyone else continues to rent, more tenants for me.
You sound like Anne Ashworth, that mad old ranting woman from The Times :THi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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