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Saturday, October 04, 2008

quote

there is a recent study that says that a belief in god can make you a better person. i would like to think that is true. then i realise that there are people in the world i have no sympathy for whatsoever, in fact i would relish the opportunity to laugh in their faces (unless of course they were bigger than me). one such person said the following:

“i bought two two-bedroom apartments, one quite large for £770,000. now i'm trying to get £775,000 for it but it's not looking good. to be honest, i'm very disappointed. i can't afford to wait for the market to recover. from what i can see now people are not buying because they think the market still has some way to go before it bottoms out. i just don't know how much i'll lose. my strategy now is to try to get buyers in russia or perhaps kazakhstan. if the worst came to the worst, i suppose i could live there.”

i don’t know about you but the idea of being able to buy anything for over £700,000 is the stuff of dreams (hell buying something that is £7 is a major expenditure at the moment).
so i am not going to lose too much sleep over someone who can find the money to put a deposit down on two expensive flats. especially as it so obvious that the purchasing of the flats was for the sole purpose of making a killing, there was no intention, ever, of living in them, they were to make money, and lots of it.
ooops. that didn’t work, did it?
i have no sympathy for the buy-to-let brigade, or those who bought “off plan” a few years back expecting to make a large profit when they sold the moment the place was completed.
quite why anyone expected the price of houses to keep going up was beyond me.

when it comes to bleating “investors” my well of human kindness run dry. they have forgotten the golden rule, your investment can go down as well as go up.
this mindless “investing” and hyping of prices is what has led us to the sorry state we are currently in. still never you mind the government is going to step in to make sure that the very stupid people who over extend themselves, not because they need somewhere to live but because they want to screw the profits out of people who need somewhere to live, are going to be protected.

i hate them all.
(crikey that was lucid political discussion there, any more like this and i am getting a job at the daily mail).

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