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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (24141)10/12/2002 3:40:24 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>> In the UK, property is being built like crazy<< Huh? Did not know that. Last time I remember there was a squeeze with people getting worried over the divergence between interest rates and market value of properties. But again, I assume it is very much dependent on the region.

Re >>luxury home<< The best from my perspective is a debt-free one. But that is probably so ... unconsumerish.

Fun starts, when you think it through and realize that the biggest option you ever bought (or actually have been paying for all of your life as a home owner) is actually a put on your own house.