Quote:
Originally Posted by Damian George
. I am constantly topping up funds on my two places as the rent although supposed to doesnt quite cover the bills
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Wow, I just re read this bit!
This is not an investment. An investment should yield a lot more than the costs of ownership. Even if you get captial growth, time you take off the Tax, the buying and selling costs, the cost of interest for any UK or Spannish borrowing that was required, the costs of lost interest on any cash you had to introduce, the sums surely make this a non investment.
This is a real revelation to me and the key reason I felt Spannish investment just does'nt add up now.