If you can rent anything decent, try to avoid buying property. Think about the most interesting people you know. Chances are, most of them are renters. People who rent talk about the books that they've read, the trips that they've taken, the skills that they are learning, the friends whose company they are enjoying. Property owners complain about the local politicians, the high rate of property tax, the difficulty of finding competent tradespeople, the high value of their own (very likely crummy) house or condo, and what kinds of furniture and kitchen appliances they are contemplating buying. Property owners are boring.
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-- Philip Greenspun -
My renting friends complain that the boiler is broken and the landlord won't fix it, there's mould under the stairs, and one of them recently blogged about a mushroom that had grown in the carpet.
Think I'll pass!Unless you're the lead dog, the scenery never changes.
Currently 10+ contracts available in your area -
Can't blame you, I passed on renting in the UK for that kind of reason; and on buying in the UK for loads of other reasons.Originally posted by NibblyPig View PostComment
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Still renting after nearly 20 years now
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We're currently trying to buy our first house - I was actually very pro-renting when we initially moved in together and not too fussed about buying, but I'm really looking forward to having my own house. We've been extremely lucky with our rental - we've had a handful of minor issues (Fence panels, letterbox broke, the bathroom fan stopped working and the shower stopped heating water) which were all resolved rapidly - but the lack of guaranteed stability, a contractual restriction on the number of pictures we can put up, not wanting to commit to expensive furniture etc has started to wear thin.Comment
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You'll have to wait 30-40 years by the time you actually repay the mortgage...Originally posted by vwdan View Post
House "owners" these days - same old renters, only with a chance to have a minor tax free capital appreciation
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I'm doing the opposite, have never rented but am selling our first house and renting something s lot bigger.Originally posted by vwdan View PostComment
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Originally posted by AtW View PostYou'll have to wait 30-40 years by the time you actually repay the mortgage...
House "owners" these days - same old renters, only with a chance to have a minor tax free capital appreciation
we have a large house in a nice area for <£1000 a month on the Mortgage. In 15 years, or sooner if we wish, it will be ours like the house before last was.
Its cheaper on the Mortgage than to rent. I don't have to ask the landlord if I can paint the walls or even knock them down. If I have to replace the boiler its still less than a Months rental would be.
Rent=throwing away money.
You must be able to buy a bedsit in Walsall by now or is the Pizza round not paying much?Comment
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Have you tried your manly charms on the permi-twat's wife?Originally posted by AtW View PostStill renting after nearly 20 years now
You have an opportunity to own a bedsit worth 900K, a used jacuzzi tub and a couple of BTLs
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She said I won't get a date until I get admin rights on hereOriginally posted by FatLazyContractor View Post
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