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NSN

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Everything posted by NSN

  1. Good point. I remember the days well of 1.45 - 1.50 to the £. IIRC there was a period of a $2 £ as well - probably completely overvalued then. Can't see the exchange rate changing much while the Euro economy is so dire.
  2. PS sorry about the quotes coming up in visual basic or something!
  3. [quote user="Albert the InfoGipsy"] [quote user="NSN"]We still enjoy the place and hopefully it'll be paid in time to retire there. Interested in whether you and others still see France as a long term good bet. A good long term bet for what? Chances are that it won't be covered in glaciers during the next ice age. The Republic will probably still be here in a few decades time. The Euro may or may not survive the next couple of months Accept that we would make a loss selling now but long term hope to have something to leave to our son. Thoughts? I've never built my life around inheritance planning for my offspring. Other people seem to see it as more important than having decent lives for themselves. Your choice. You are asking opinions and advice about a decision that is almost certainly more emotional than financial. [/quote] [/quote] Thanks. The point about inheritance is more that we would hope the house appreciates over decades (while we are enjoyng it!) rather than over years. We never saw it as a quick buck as the market was in UK. You're right that this is not a purely financial matter - interested in whether others are having similar thoughts and their balance of emotional vs finance.
  4. [quote user="Pommier"]If you still like the house, the area and France, then I wouldn't sell up. Although there's lots of doom and gloom on forums most people we know don't want to move back to the UK. If you had the cash instead of your French house, where would you invest it?[/quote] Good point - inflation at 4% and returns on cash savings are miserable. Stock market? not at the moment!
  5. We still enjoy the place and hopefully it'll be paid in time to retire there. Interested in whether you and others still see France as a long term good bet. Accept that we would make a loss selling now but long term hope to have something to leave to our son. Thoughts?
  6. Dont know if you mix with expats. Are many moving back where you are?
  7. We bought our holiday house in France in 07 (top of the market!) for 150k and have spent 50k on renovation with another 30k worth to go. Current value probably not more than 180k. We can still afford the payments (so long as we keep working) but wonder whether its time to cut the losses and put the money somewhere else or keep t for the long term. Anyone else having the same thoughts?
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