From: mmaker@my-deja.com
Newsgroups: uk.politics.misc uk.finance
Subject: Re: First Time Buyers go on strike over extortionate house prices
Date: 23 May 2005 06:30:10 -0700
   posting-account=AFHzhwwAAACncbAFnkq8rMklByfTc3sm

Harry the Horse wrote:
> Why did I want to get on the property ladder?  Well because living in

> private rental accommodation is insecure, expensive and shit.

That's odd. Many people I know are renting their place for around half
the cost of an interest-only mortgage on the same house or flat...
mortgage interest is wasted money, particularly when prices are
dropping.

It's nice to see so many selfless 'buy to let' 'investors' so eager to
subsidise their tenants in this day and age.

    Mark