Thread: Repossessions In The Sun

kingsgate, on 03 November 2009 - 12:03 PM, said: No. Plebs like bus drivers shouldn't even be able to go on holidays abroad, let alone buy property there. He should have stuck to a week in Margate every other year, and known his place. As Cyberoid says - although you are being sarcastic - what you say is pretty much spot on. If not stated in a very pleasant manner. If I went out tomorrow and decided to buy an Aston Martin ? I would...

I want a house!, on 03 November 2009 - 02:30 PM, said: So you admit that it's your fault that the sun has gone... What?

xux42, on 03 November 2009 - 09:23 AM, said: OK, I have just read the whole thread again and to see who was sympathetic. I tried to be fair and classified some of the slightly critical as 'neither'. Sympathisers 3 Critical 7 The rest were neithers. It must be borne in mind though that there is a high proportion of 'critical analysers' on HPC. Even so, 7-3 is hardly 50-50. If I use terminology you don't understand,...

miko, on 02 November 2009 - 10:04 PM, said: lol, If the currency moved against you it would still be the sensible thing to do , NO if the currency moved against you , you would be thinking i would have been better off keeping it in stearling. no you are not hearing what i am saying my n01 priority would not be speculation which is what they have done) it would be living in the country i moved to

Agent Provocateur, on 04 November 2009 - 06:01 PM, said: Don't know the stats, but there seem to be a lot of assumptions being made about who the Brits are in Spain. I've lived around the med for the past 18 months, lately near the Costa's and frankly most of the Brits seem like RTB'ers who have made a killing and have moved out here thinking it was going to be an easy life in the sun. Too much faith in media hyping maybe....

Moley, on 03 November 2009 - 02:00 AM, said: I have mentioned this before, but it bears repeating. We looked in Spain to buy back in 2001. Normal town houses in pretty villages, the kind of property bought by Spaniards to live in were around 50,000 Euros. Purpose built villas aimed at the foreign buyer were around 200,000 Euros. The market was seriously skewed and we decided not to get involved. Do you regret getting involved buying at 1.4...

miko, on 02 November 2009 - 11:16 PM, said: As I said read the earlier post's . You might then see that it is a 50/50 split not me arguing with the majority. Yes my spelling is sh-t , but i don't come out with big words in the wrong context , like you , did you look that word up yet ? The grow up bit was not about losing an argument or winning, but saying to you that the way you answered my post , in a very aggressive manner when...

Tim Miller, on 02 November 2009 - 08:19 PM, said: You just do not get it do you, despite it clearly being stated in the program. The Euro has gained in strength from almost 1.6 to the pound to 1.1 to the pound. Anyone on a fixed income such as pensioners have seen their funds drop by a good 1/3rd, in other words where they once had 150 euros a week to live on, they now only have 100 euro's. Understand a bit more now? Spain has higher...

pilchardthecat, on 02 November 2009 - 10:38 PM, said: This is the nub of it. If you're going to live in another country, you need to both hedge any savings against the exchange rate risk (ie put some in both currencies - you don't need an FX crystal ball like some pedant suggested) and also budget your home currency income based on some worst case scenario. I personally would want to be sure i could at least subsist for a year if my...

Spoony, on 02 November 2009 - 03:17 PM, said: Just interested, how do they manage to afford 6 months holiday there? Do they rent a holiday home for 5 months at some kind of low rate? Did a couple of months in Florida as a test, didn't like it so now take all manner of different holidays. Probably four months a year on average.