11 Jul 2008 8:49 PM:
This seems like a crazy dangerous idea to me. I agree with Kram and Chingo on this one. Many of us have been in this for a long time and even with the latest slump we are still paying less than the current valuations. Many of us have purchased for a change of life style not just for investment, I do feel slightly sorry for those that had hoped to make some money out of this, but at the end of the day life is a gamble and I am sure we would not be having all of this negative reactions directed at the builder , bank and developer if things where still booming, high exchange rates and inflated prices made by those looking to make quick easy profit. I am in this for the long term so sure it is still the right thing for me. The UK is just doom, gloom, disgusting weather, yob culture, tax tax tax and more tax, every day more and more depressing news. What is there to look forward too I ask myself, nothing springs to mind !!!
Community thread:
Business Premises
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