More just the type of investing the likes of me would do to earn herself a pension i.e. buy a small place in the UK now that the prices are deflated (initially to accommodate, say, an elderly relative and latterley to let out for income).
Then would hope that the price of the property would rise (as it does historically) after about a decade. By which time I shall probably need the money!
I wasn't referring to people splashing out more than they can afford in the hope of making a quick buck in the short term. I was talking survival! lol
I guess I should have kept my comments in line with the discussion, which was really about a different kind of speculation. :D
More just the type of investing the likes of me would do to earn herself a pension i.e. buy a small place in the UK now that the prices are deflated (initially to accommodate, say, an elderly relative and latterley to let out for income).
Then would hope that the price of the property would rise (as it does historically) after about a decade. By which time I shall probably need the money!
I wasn't referring to people splashing out more than they can afford in the hope of making a quick buck in the short term. I was talking survival! lol
I guess I should have kept my comments in line with the discussion, which was really about a different kind of speculation. :D