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two homes
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pooley
pooley
501 posts

Edited Mar 30, 2009, 10:45
two homes
Mar 30, 2009, 09:48
Is it wrong to own two homes in this current climate (or ever)
I bought my second as a pension, and decided that If I owned something I felt morally dubious ( a bit ) about I would do something good with it.

A friend lived there (small rent just covering mortgage) for a few years just after his divorce. Meant he could save some cash and buy somewhere himself.

Another friend lived their rent free for 18 months after being made redundant - i was in a financial purple patch at the time and could just about afford to cover it.

I have also rented it out at the market price, and made a few quid off it for the last year.

I may (yet again) be opening myself up to attack - but am really interested in opinions on this.
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