03-01-2013, 03:34 PM
(03-01-2013, 02:42 PM)Ruan Wrote: ^^ This over and over again...
Renting "seems" like a waste of money, but when you consider it leaves you the freedom to move wherever you want etc... That's the way it's going to be for a long time to come... Rich people getting richer from rent, poor people getting poorer from paying rent...
That's just the way it'll be...
I cannot see me being able to Mortgage any time in the future unless I get with a burd who's parents are loaded...
As i said, personally i like the idea of renting now. We are the only country that are obsessive for owning their own homes and there isnt really a need unless you can afford it which lets face it, none of us really can unless your fortunate enough to be given a substantial amount of money. At least with renting, as you said you can move when you want, any issues with the house, not your problem and if you loose your job and cant pay your rent, the council will for you unlike with a mortgage where if it got bad enough, you would have to be rehomed probably into a bedsit.
Oh and when you consider how mortgage costs and house prices are going at the moment, more and more people will never pay their mortgages off in their life so rent is not a waste of money because either way, you have nothing to show for it when you die.
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1999 China Blue 306 GTi6 - Eaton Supercharged - 214.5bhp 181lbft
1999 China Blue 306 GTi6 - Eaton Supercharged - 214.5bhp 181lbft