Well been renting for 5 years now but now a house at an attractive price has come up question is are house prices now on the rise or will they drop even more?
You hear about negative equity and all that though?Who knows? but they can't go loewr shorely, and if they do, they hav to go back up!!
You hear about negative equity and all that though?Who knows? but they can't go loewr shorely, and if they do, they hav to go back up!!
What is your monthly rent £500? so £6000 a year .
This is how much the value of the house would have to drop year in year out for it in real terms to actually cost you money .
Well been renting for 5 years now but now a house at an attractive price has come up question is are house prices now on the rise or will they drop even more?
Well been renting for 5 years now but now a house at an attractive price has come up question is are house prices now on the rise or will they drop even more?
Apparently :-
"The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests." The Rothschild brothers of London writing to associates in New York, 1863.
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"I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people." Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924.
Buy the house then rest easier in retirement.
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