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|    soc.culture.irish    |    More than just beating up your relatives    |    96,488 messages    |
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|    Message 95,005 of 96,488    |
|    Luke Kelly to Salahoona    |
|    Re: Snakes and the property ladder    |
|    17 Sep 17 02:29:51    |
      30bfa524       From: apm@curragh.cc              On Friday, December 7, 2007 at 1:57:50 PM UTC, Salahoona wrote:       > Here's how it goes: Someone has used you - you have been corrupted by       > your own greed. You have bought a house you can hardly afford, and the       > very notion that house prices would not continue to rise was like       > denying the existence of God; you felt ashamed even to mention the       > possibility. You didn't want to appear as a fool, which you are not;       > you are just greedy.       >       > You have bought a four bedroomed house.       >       > Now, house prices begin to fall and in no time at all your investment       > and mortgage are together greater than the value of the house. On top       > of that, fuel prices increase and you begin to fear that you cannot       > afford to heat such a large house.       >       > Two of your best friends lose their job and you put off asking for the       > raise you had been planning. You have borrowed money to spend on the       > family because you thought you were rich and you have to liquidate       > some of your non essential assets. Cash is very scarce.       >       > Then you lose your job.       >       > You cannot afford the mortgage and the bankers offer you a fair       > settlement which will leave you with a lump sum cash (greed again) but       > with nowhere to live. Out of the goodness of their heart, your bankers       > put you in touch with a Mr. Murphy who will rent you the property at a       > reasonable rate. You are so delighted with your cash and being allowed       > stay in your house, that you fail to pay attention to the rental       > agreement.       >       > You don't know that Mr. Murphy has bought a ten year lease on the       > property from your bankers and will squeeze you till you bleed. You       > feel uncomfortable talking to Mr. Murphy in the presence of your       > daughter.       >       >       > Donal              When was the original posted?              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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