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Old 19-10-2011, 19:39   #29
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: Over 60s Should Be Encouraged To Downsize

Quote:
Originally Posted by martyh View Post
I appreciate what you are saying and agree to a certain extent but quite a few of these people will be looking to make as much as possible because they bought the house as a investment for the future and human nature being what it is they won't be happy if the house they are selling is worth 10-20 grand less than it was worth a year ago .As with most schemes like this though the proof of the pudding is in the eating ,so much depends on personal circumstances and future markets
If they bought it as an investment rather than a home, and thus cling on to get maximum return, there's a big part of the problem.

Oddly that's the exact opposite of many people's criticism which is that these are people's homes so there should be no hint of pressure for them to move and this would imply pressure.
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