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Old 04-19-2011, 05:52 AM  
Paul Markham
Too old to care
 
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Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
I started to buy my place in London back in 1980. It was 25K GBP. Sold it in 2002 for 150K GBP. Which we used to buy our house here in CZ with. Which is now worth I haven't got a clue. The house just down the road went for 250K GBP and about the same size as ours.

So in 30 years I turned a 25K investment into a property worth 10 times that. The only problem, is if we have to move we will need 250K to buy anywhere as nice.

But at least we live here with very small bills, local tax is all. And that's about the same my brother pays to park his car in front of his house. He has 2 cars and only a 1 car garage.

Buy carefully.
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