GeniB

Why ? If the facts follow the statement

EMR

The sellers Don,t care ,do they.

GeniB

Nope!

scrubbedexpat142

Wow, that has to be one of the finest posts ever...regardless of subject or context.

chislenko

Facts or your understanding of the situation. They are not the same thing. However as English is not my first language perhaps you interpret words differently.

GeniB

What is your problem chislenko? My YD works in the business.She is an Estate Agent. She has met many many clients over a period of almost 7 yrs. I would think that she would know if the vast majority were ' older people with cash'. Or does that not fit your experienced view? Please.. enlighten us.

GeniB

I'm happy with it

qianh

But really, older people, with their savings accumulating through the years, naturally have more money than youngsters, there is nothing wrong with that.

Moses2013

But then again those older people will die and the youngster will inherit.

EMR

Not If they have got any sense , I like the phrase," wasting the kids inheritance"

Moses2013

True but even if they waste it on a house, it still goes to the kids and has a value. Of course plenty don't have kids either.

chislenko

I don't have a problem just trying to better my English. You said that you had provided facts. My understanding of a fact is something that is actual e.g. Lisbon is in Portugal, that to me is a fact, saying something like there are loads of older people with wads of cash and she should know are surely your observations or opinions, they are surely not facts.

Obviously if I have the definition of the word fact wrong please tell me as I need much help from experienced English speakers like yourself.

liveaboard

I would say they were personal observations; a bit stronger than opinion.
The definition of "fact" is tricky, because it's an absolute when almost any statement can be argued. In a case like this, I think we could call it fact were it verified by an independent study, with predetermined definitions of "older" and "wads of".

I didn't read Geni stating the the trend was wrong or bad, just that her daughter has observed this to be the case, and these people have an advantage over those who need to seek loans. Fact or not, this seems a logical and reasonable supposition to me.

We came as cash buyers [which doesn't mean actual cash of course, but refers to available funds] and were very aware that we had the edge, and used it in our negotiating quite shamelessly.

Moses2013

Let's say both are right. The chances that you'll see retired people with money in a typical retirement area are quite high but in a place that's more attractive for young buyers, you'll see plenty of young buyers with cash

Pilou

I agree! Time has changed.

Btw there are lots of seniors with very low pensions and with hardly any cash.