Back 2 weeks tomorrow and I think we've bought a house!!
May 21st 2007, 11:28 am
#31
Banned
Joined: Jan 2007
Posts: 86
Re: Back 2 weeks tomorrow and I think we've bought a house!!
i am correct though. england is in the largest property bubble of all time, just as america was. its just beginning to pop in america.
May 21st 2007, 11:57 am
#35
Never been to Australia
Joined: Oct 2004
Location: Homeless
Posts: 495
Re: Back 2 weeks tomorrow and I think we've bought a house!!
If you can afford the repayments and it is your long term home then the "book" value doesn't mean a toss.
Kevin
May 21st 2007, 1:18 pm
#36
Banned
Joined: Jan 2007
Posts: 86
Re: Back 2 weeks tomorrow and I think we've bought a house!!
or if you get laid off, cant make your mortgage payment and are upside down on your house.
May 22nd 2007, 9:06 pm
#40
Re vera, potas bene.
Joined: Jun 2005
Location: Cape Cod MA..Davenport FL
Posts: 2,405
Re: Back 2 weeks tomorrow and I think we've bought a house!!
I don't care what my home is worth now I've made up my mind its our long term home...a roof over your families head is the most important thing you can own....and using it as an ATM machine is going to come back and bite a lot of people on the bum...
