"The heroin-free estate" sounds like a local housing plan (giggle)

Does it? Bournemouth Council must be really forward thinking :)

Combination of the two.

 

And I consider it profit because I've been put in a position where I have had to invest a certain amount each month into it to keep ownership, which has allowed me to benefit from the rising house prices. Had I not owned the house, I'd have spent the money.

 

So yes, it is profit.

I could have done two things:

 

1. Spent the last 3 years spending my money on things of frivolities. So right now, I'd be sitting with whatever my wage brings in each month.

 

or

 

2. Invest my money in a house, do it up a smidge, and come out with a nice handsome chunk of cash at the other end while also enjoying the increase from house prices. And I have my wage.

 

To me, my house has been a savings account... only with more house parties (have you ever tried to fit a kegger into a mini-ISA? It's difficult...)

 

And yes, I like Property Ladder... for two reasons.

I read that sooooo wrong. I thought you were talking about a certain person on here's child for a minute.