Do affordable homes become unaffordable the first time they are sold?
@psychibz @Wnicholasgomes So why would you buy one? People buy to invest don't they? Just sayin'...
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@bishopmikehill@Wnicholasgomes Because not all first time buyers can afford to buy a full price home, but want to get on the ladder. -
@psychibz@bishopmikehill@Wnicholasgomes Surely, if you don't reap any profit on your investment you are effectively losing money? -
@bishopmikehill@Wnicholasgomes of course, prices aren't guaranteed to increase so it's a risk, but I'd prefer that then 100% loss renting. -
@psychibz@bishopmikehill@Wnicholasgomes. Fair play and point taken.
End of conversation
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