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Those must be either some of the best mortgage rates in history or some really creative financing.  What would an equivalent of that same £1,000/month flat sell for?

As I recall the math on Mig's old house in Leyton, which seemed to me to be a pretty standard middle-class terraced house inside the M25, suggested buying was insane, because you could rent the actual house for a fraction of the cost of renting the money to buy it (without even taking upkeep and other costs of ownership into account).

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Wed Jun 1st, 2011 at 06:30:58 AM EST

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