Reply To: Investing versus Enjoyment

#71736

Anonymous
Participant

spademan, I see that you mention buying a property for your enjoyment, therefore much the same as you would buy any other luxury that people buy, such as cars, home entertainment packs, etc., you never look at the resale value. So, if you can afford it, go for it, and take the advice that Vince has outlined.
One point I would like to make is, Vince said “go and see some of his previous developments, check out the quality of the build and the materials used. Ask some of the people who bought there what their experience was like with this particular developer” , remember this is just for guidance, as that one time good developer who developed quality buildings, could be one of the ones struggling financially now.
Good luck, glad to see you buying and not “investing”.