Actually that is not the case Chris. I’m looking for a place on the CDS that I will semi retire to in about ten years time. In the meantime I’ll let family and friends use it as well as, of course doing so myself. It is not an investment, it is a lifestyle choice. I need no mortgage as I have the cash and have had for some time.
Quite simply, even though mine will not be a purchase for investment purposes, I don’t intend to throw money away which I’m pretty sure I’d do by buying anywhere in Spain, the Costas in particular, at present.
Would it be the case, that even if you felt that you wouldn’t be throwing your money way, that now is not really the time for you to buy and use anyway?
Does that also play a part?
Do, I have an argument that those who are buying today, and unlike you not semi retire in ten years time, but perhaps be moving on and therefore sell to YOU in ten years time. Do you think that my argument they won’t be so badly off holds any water at all?