Yer Man in Co Laois to me appears (to me at least) to be the most stupid decision maker in the history of the state. He sold his best asset a 3 bedroom house to buy a 1 bedroom maisonette. He had to pay costs, legal fees etc not to mention his decluttering.
All he had to do is rent out his 3 bedroom house and rent a 1 bedroom maisonette himself. He would have had a decent income from the house and it would remain a good asset for him providing an income.
A 3 bedroom house can be let out anytime and an income gained. He would have been able to move to Spain for several months in retirement and had a greater income from his house than the rent he would pay in Spain.
. . . and he feels great about it . . .
All he had to do is rent out his 3 bedroom house and rent a 1 bedroom maisonette himself. He would have had a decent income from the house and it would remain a good asset for him providing an income.
A 3 bedroom house can be let out anytime and an income gained. He would have been able to move to Spain for several months in retirement and had a greater income from his house than the rent he would pay in Spain.
. . . and he feels great about it . . .