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Man sells house for £1M but it's really worth £2M.
by Znethru @ 2008-07-08 - 23:45:07

The title of my blog describes exactly what happened to a friend of a friend of a friend.

The man (aged about 60) who sold his house for £1M was stitched up a treat by the Estate Agents (who sold it for £2M seven days later) and quite literally couldn't live with himself. He committed suicide.

I am also aware of someone who had the chance to sell his dot com business for £1M (sterling) and ended up selling it for £1 a year later (the buyer had to take on losses as part of the deal).

This person (aged about 35) managed to fight on and has had to build a new business from scratch which just started to look promising, but now we seem to be heading for a huge recession again...

Taking the above into consideration kind of puts a few things into perspective.

i.e. There are more important things in life than money!

Having said that, this is meant to be (mainly) a fun blog group with ideas for making money. I just wanted to put in a bit of balance.

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RunDontWalkRunDontWalk pro
http://menomamauk.blog.co.uk
2008-07-09 @ 00:05

There is sure more to life than money. xx

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ZnethruZnethru pro
http://www.febland.net/
2008-07-09 @ 00:08

Agreed, agreed, agreed. When will people ever realise this though???!!!

Of course the perilous state of the economy right now must be very worrying for a lot of people.

The world needs an economy that 'works' for many reasons.

Well, for one reason I can think of straight away. To give people a reason to get out of bed in the mornings!

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MarikaSunSeekerMarikaSunSeeker [Member]
2008-07-24 @ 10:58

Generally speaking, I would say, that if you've got money, you don't have to worry about it and vice versa, but that didn't seem to work for the chap who got ripped off by the Estate Agent. That is the strange thing about money, it can't really buy happiness; This chap was obviously well off, having sold a property for so much, but the thought of being so cheated and the potential extra wealth that might have been his made him suicidal. That is a very sad story, it should remind us all to enjoy what we have as little or as much as it may be, but do not hanker after cash for its own sake.

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