Buying Property and Affordability
Go for house or flat which you can really afford or manage the debt.
We normally put it this way,
Debt to Equity Ratio: (DE Ratio, a financial ratio, popularly used by pros in assessing a company or a person ), I mean the debt we can really manage and our actual networth today.
My advice is not to over invest.
If investment is also your motto, there are lot of ways for investing such as by investing in markets, a part of our earnings.
That way we can get best of the both worlds.
December 8th, 2007 13:15
I couldn’t understand some parts of this article Buying Property and Affordability, but I guess I just need to check some more resources regarding this, because it sounds interesting.