Mission

[juan]

interesting views and heated discussions[msnsmile2]. i have had a serious look at the market. i went out three weeks ago with a serios intention of buying, but i was perturbed by the buying frenzy.i felt that yes there will be a bubble burst for whatever reason, to have a peak you have to trough thats natural . its jumping on board at the right time . my feelings were alot depends on the personal reason for buying and to what length of time you will actually get the use yourself. if its just for the fact of saying you own a holiday home for your three weeks a year holiday and rental income well i dont know you can find a good hotel deal, no licences to pay no pools to clean, no dodgy management companies , no sleepless nights ! on saying that i would buy the right place in the right area but i want to get to know the place a bit and look around carefully not be swpt along with the frenzy. perhaps when im ready to change my lifestyle and spend agood three months there is the time or prepared to work hard at renting it myself in the meantime, would that be classed as a hobby though or work ! dont know if im getting my point over[msntongue]

[benfilo]

my house is due to be finished in May (hopefully) and i mus admit I'm a bit worried about the bubble bursting,but only in the short term. Since I put a deposit on my home the prices have risen a fair bit , so if they only stay at this level it gives me a bit of a safety net if it doesn't work out and I have to sell in a couple of years( I know there are hefty charges so this is a last resort)
However in the long term i'm not too concerned , I know it's a different country but I've been thinking about the housing market in the UK. Since the late 80's we've had a couple of bursting bubbles (and maybe due for one), but house prices have risen by 8 or 9 % on average , this is a ball park figure I've worked out myself on homes we've owned,I'm sure someones got the official figure.
Anyway what this long winded old git is on about ( I remember 24p a pint)is that I am confident that in the long term the house prices will rise , eventualy making it a sound investment.
I also remember a 3bed pool home being about £55000 fully furnishe about 11 or 12 years ago
good luck to all

[Ian Dee]

Well thanks for all that[msnsmile2][msnoo]
At least i know where Mission Park is! Some one I know of, not a close thing, said they had bougt at Mission and 'I only asked'

I am either delighted with my purchase at Calabay Parc, or a bit of a twit[msncry] depending on which of the above comments I read. At the end fhe day the comment about market forces is correct - I think![msnembarrased]
Great forums. [msntongue][msntongue]more more