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Old 17-01-2008, 08:53 AM
PMBLUE57 PMBLUE57 is offline
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Join Date: Jan 2008
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OK! That's fare bit of information in one hit! Now i'm really confused!
I don’t intend to retire to the US. I plan on buying property so that in 30 years time I will have something that has increased in value so that I will have an income from rent or sell for a lump sum.
The reason I’m looking into the US and not the UK is that historically the houses prices and the dollar are low at the moment where as the UK is at it’s highest!
I’m familiar with the investment theory and correct me if I’m wrong but any investment has an element of risk. Also you never buy when the price is high!
It’s interesting that you say long term leasing is what the agencies are looking for. I guess they charge more for tourists but you don’t get the guarantee of full time occupancy!
All I’m interested in earning just enough to pay the mortgage! The return comes when I sell in 30 years time!
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