I bought a flat in 2007.

(SSSSS, Mon 19 Jul 2010, 23:47, 5 replies)

A flat what?
A flat tire? That would be an error, yes.
(TheManWithThePlan cussed your mum on, Tue 20 Jul 2010, 9:11, closed)

It'll be fine
And you will not lose money if you live in it! Don't look at it as an investment but as where you live.
(Set your faces to Stunned Bigly, Tue 20 Jul 2010, 9:27, closed)

Good advice that..
If you don't look at it that way you will slowly go mental. I too brought my house in 2007 and consider it my home a lot more than an investment. I probably won't be able to move for another ten years, so i just try and make the best of what I have by doing the place up. In ten years the market should have picked up and look on the bright side, at least you didn't buy to let.
(bROKEN aRROW PUA HVI Master, Tue 20 Jul 2010, 9:54, closed)

I bought my place three months before the US market crashed.
I now have to eat cardboard with catchup just to not lose the insane amount of money I put down on it. Meanwhile, the neighbors have new cars, a jetski and a boat, are a year behind on payments and have got a government modification on their loan. I'm told I'm not "diverse" enough and the program was meant for those on hard times (did I mention they both work and live NEXT DOOR?)
( BrokenCoccyx doesn't mind if you grope on, Tue 20 Jul 2010, 15:12, closed)

Oh dear
I wish I'd sold my flat in 2007 (they've dropped about 30k+ since) but hell at least I still have a home!
(cmouse is pondering about life in other jobs, Tue 20 Jul 2010, 15:57, closed)