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Would members of the board a) continue to rent your rundown but very cheap house in perfect location where you spent the last 20 years or b)spend every last penny you have and a little bit more in a vastly inflated market on somewhere not as good but kind of ok. Asking for a friend obviously as 'all property is theft!'
Edit...Miss Slave would like to add that when she lies on the living room floor to workout that she can smell the mould!
[Post edited 11 Aug 2021 9:39]
"They break our legs and tell us to be grateful when they offer us crutches."
Your “friend” needs to remember that although prices are indeed at an all time high, debt has never been cheaper and the current market may well represent a once in a lifetime buying opportunity. I think I don’t have enough debt myself but Chica is averse to us moving.
In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
Your “friend” needs to remember that although prices are indeed at an all time high, debt has never been cheaper and the current market may well represent a once in a lifetime buying opportunity. I think I don’t have enough debt myself but Chica is averse to us moving.
Almost no debt required...death and saving are 'their' friends! :(
"They break our legs and tell us to be grateful when they offer us crutches."
Almost no debt required...death and saving are 'their' friends! :(
In that case I’d say to your friend that inflation (of which there is plenty on the way) always hurts savers the most and it’s not like there is any interest to be had without putting your capital at risk so I’d buy the house rather than paying rent to the filthy capitalist landlord scum. I’d also say I am just some random idiot on a message board and to seek out proper advice.
In the spirit of reconciliation and happiness at the end of the Banter Era (RIP) and as a result of promotion I have cleared out my ignore list. Look forwards to reading your posts!
Almost no debt required...death and saving are 'their' friends! :(
in that case isn't it straightforward? and how else could you hold these funds that wouldn't offend your principles? brick and mortar are surely less tainted than shares, or god forbid, in a bank which would then use your money to put other people in debt?
And so as the loose-bowelled pigeon of time swoops low over the unsuspecting tourist of destiny, and the flatulent skunk of fate wanders into the air-conditioning system of eternity, I notice it's the end of the show
In that case I’d say to your friend that inflation (of which there is plenty on the way) always hurts savers the most and it’s not like there is any interest to be had without putting your capital at risk so I’d buy the house rather than paying rent to the filthy capitalist landlord scum. I’d also say I am just some random idiot on a message board and to seek out proper advice.
Oh well dilemma over....priced out again!! Capitalist landlord scum and mould it is then.....and a new lavender yoga mat.
"They break our legs and tell us to be grateful when they offer us crutches."
25 years of slavery to a bank followed by emancipation or indebted servitude for the rest of your life?
Tough one.
This makes a mockery of actual slavery. Not aimed at you. I know you're just quoting the OP. The banksters gave me a mortgage about 9 years ago. My mortgage is about 1/3 of what the rent would be on my property.
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