Reply To: Spanish Real Estate Bubble bursts

mg wrote:
So why do so many people in the 30’s and 40’s take such an interest in a retirement home at the risk of their main home. Most buy and hope to make a few bucks renting to repay and also hopefully see a capital gain.
Why not work hard, buy your house in UK (and pay for it) then sell up and retire later in life?

Well, why work when TV shows claim that you can become rich by flipping houses?