03
Mar-2007

Stop the property investing madness

Not content with prying money out of our hands to buy over priced studio cupboards for upwards of ยฃ100,000 that we may have an outside chance of re-selling when the time comes to cash in our investment, London property developers want you to pay their development and refurbishment costs by selling us the ‘Hotel room as an investment’ concept, whereby you can buy for ยฃ240,000, a hotel room and reap an investment of around 6% from this ‘asset’.

TWO HUNDRED AND FORTY GRAND TO BUY A HOTEL ROOM!!!!!!!!! Take that money and buy a couple of real nice holiday villas in North Africa, you’ll get a much larger return and more to the point, when you want to spend a couple weeks on holiday there it’ll be hot. You can buy a lovely Riad in Marrakech for that money.

0

 likes / One comment
Share this post:

Comments are closed.

Archives

> <
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec