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Old 30th Nov 2007, 15:12
  #57 (permalink)  
dublinpilot
 
Join Date: Feb 2002
Location: Dublin
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Aopa UK doesn't represent me, nor do they seek to, given that I'm based outside their remit. So I'm neither supporting nor critising them. I'll leave that to those in the UK.

But I must comment on this.
The upkeep of the premises is dwarfed by the appreciation of the asset.
I understand their determination to hang onto an appreciating asset, and I think that's a good decision. However they might consider, renting out their asset, and using the proceeds to rent or even purchase, somewhere else more suitable to their needs. That way they reduce cash out flow, and hold onto their appreciating asset.

dp
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