House Prices

In today's paper it says that the "experts" expect house prices to carry on falling next year.

Interestingly in the same paper it is suggested that saving for a deposit to get on the housing ownership ladder could take 17 years and that one in six people will live to be 100.

So why then do mortgage lenders still insist on the average 25 year mortgage.

Those people in their 20's now will probably be working much longer than the current pension age as they are living longer so why doesn't a 40 year mortgage become common?

The would solve several problems at once.

Joke for today:- People have different opinions about things. For example my girlfriend is the most beautiful person in the world.But to my wife...Jackie Mason,

On this day:- 30th December

In 1865 Rudyard Kipling was born

In 1922 Soviet Russia is renamed USSR

John Beaumont internet marketer

House Prices etc.

Had a grin to myself when I saw the headline of the Daily Express yesterday.

They stated that house prices had risen in the UK by £5000 over the past year. Then they had

an article about how interest rates could rise shortly. First the good news then the bad! Talk

about "softening us up"!

Working hard on my internet business www.johnbeaumontcashmachine.com/bootcamp

Thought for today:- Do you believe everything you read in the papers?

Todays joke:- He has contact lenses but he only needs them for reading so he wears them around his neck.

On this day:- 16th December

In 1773 there was a Tea Party in Boston

In 1965 Somerset Maugham died at the age of 91

John F. Beaumont internet marketer