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From: Daytona 
Newsgroups: uk.finance
Subject: Re: Living off interest on savings?
Date: Wed, 13 Jun 2007 22:03:44 +0100
Bytes: 1789

On Wed, 13 Jun 2007 19:45:58 GMT, "Alan" 
wrote:

>have you thought of buying a couple of 1 bed houses 

which were unsellable in the last recession and will be in the coming
recession, as people move straight into 2 bedroom properties.

>to rent out on a 6 month 
>shorthold tenancy, you get rent each month then when you decide to sell they 
>will have risen in value, 

there's an idiotic certainty to that statement

>we did this with several properties some years ago 
>and we get a good return with minimum effort (DO NOT take DHSS tenants) 

since when did history repeat itself ad nauseum ?

Daytona