JohnK
Veteran Member
- Joined
- Mar 22, 2005
- Posts
- 44,115
Not sure I understand why some people borrow more than they can afford. For every success story there are hundreds if not thousands of failures.A few years ago, there were quite a few articles on how some youngsters "bought" and "owned" multiple properties at a young age, and how it was possible to "make" a lot of money with properties. I'm sure most of these people will once again have articles written about them in the near future, similar to the above posts.
Property and shares are fantastic in the middle of a boom. Try to sell in a downturn and you can be in trouble.