Well thatâ€™s exactly what we ask young people to do when it comes to purchasing their homes.Â Imagine a pensioner going into a finance shop and looking for investment advice that went along the lines of â€¦â€¦â€¦â€¦weâ€™ll take all you cash and invest it next Friday in the Irish stock market and we know you only have â‚¬100k so we will arrange a loan of 900k (great low rates available) so you can invest â‚¬1 million â€“ how does that sound?Â Well we all know thatâ€™s not right, donâ€™t we? Yes?
Well thatâ€™s what we do with our youngsters today.Â So itâ€™s a bet.Â The kid times the housing market right, theyâ€™re quids in, time it wrong and wellâ€¦â€¦.that was 2006, 2005, etc. You remember? Why would you do that to your kids? Check out https://homeoptions.ie – I’m compromised/conflicted/profit from/etc. but now you know!