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How to become a Millionaire...
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<blockquote data-quote="Mr Sworld" data-source="post: 3364" data-attributes="member: 184"><p>Property is always a good investment.......... in the long term!</p><p></p><p>I think that recently we've forgot that, we still expect to buy a house, refurbish it and sell it at a vast profit within a year!</p><p></p><p>I think what we'll get in the UK is a long needed correction in the market. It'll be only the poor sods who took out 100 to 125% mortgages that'll suffer as they can slip into negative equity instantly. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite3" alt=":(" title="Frown :(" loading="lazy" data-shortname=":(" /> </p><p></p><p>While our banks lent money out on some less than clever deals, the UK banks didn't do it to the extent of the US banks.</p></blockquote><p></p>
[QUOTE="Mr Sworld, post: 3364, member: 184"] Property is always a good investment.......... in the long term! I think that recently we've forgot that, we still expect to buy a house, refurbish it and sell it at a vast profit within a year! I think what we'll get in the UK is a long needed correction in the market. It'll be only the poor sods who took out 100 to 125% mortgages that'll suffer as they can slip into negative equity instantly. :( While our banks lent money out on some less than clever deals, the UK banks didn't do it to the extent of the US banks. [/QUOTE]
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