"Rent money is dead money"

pickles110564

Sally_Gee wrote: »

Not much security in having gangs of chavs running around your estate lobbing empty cans of Frosty Jack cider at your "home" or having to run the gauntlet of burbury clad pitbull owners if you want to pop out for a pint of milk. Although I suspect (like everyone in corpy housing) you live on a "nice estate".

You need to learn a bit of respect and the pecking order.
You aint entitled to wind people up until you have been a member for at least a month.

pickles110564

jm28cardiff wrote: »

Having tried both, I would rather pay my own mortgage than someone else's.

No No No I prefer others to pay my Mortgages.

PasturesNew

In the 18 months I've rented, the houses I'd have most likely bought 18 months ago have all come down by £30-40k in their asking prices.

If I'd bought that would have been £30-40k of dead money.

Sally_Gee

pickles110564 wrote: »

You need to learn a bit of respect and the pecking order.
You aint entitled to wind people up until you have been a member for at least a month.

"You aint" lol. Vile basilect!

Flower08

Sally_Gee wrote: »

Not much security in having gangs of chavs running around your estate lobbing empty cans of Frosty Jack cider at your "home" or having to run the gauntlet of burbury clad pitbull owners if you want to pop out for a pint of milk. Although I suspect (like everyone in corpy housing) you live on a "nice estate".

Oh right so everyone who lives in a council property is scum of the earth right?

Grow up!

And welcome to the real world, where alot of people have no choice but to rent or live in a council house.

I lived in council estates throughout my childhood and never lived on an estate you have described.

I now live in a privately rented property, its not dead money to me - without it i wouldnt have a roof over my head - worth the price to me. Not everyone is in a position to buy so welcome to reality.

Oh and while your there learn a bit of respect.

pickles110564

Sally_Gee wrote: »

"You aint" lol. Vile basilect!

Wernt that the snake on harry potter?

Gorgeous_George

Is hiring a car dead money?

Or renting a train seat?

Beer? Pool table? Holiday? Fish and chips?

A marriage licence the first time around - now that is dead money.

GG

Sally_Gee

I hated renting back in the early 90's. landlords that can call in and "inspect" your home, being told what you can and cant do in your "home"

Lets face it renting is a second class lifestyle for those that must

jm28cardiff

Is Sally_Gee yet another alternate identity of one of the raving egomaniacs on these boards?

LydiaJ

mr.broderick wrote: »

Hi Lydia welcome to mse...Have you ever purchased a home?

No. I've rented, then lived in tied accommodation, now renting again, saving for a deposit.

If your post means that you think a house should be regarded as a home rather than an investment, then I entirely agree with you. My plan is to buy in the next 2-3 years if I can.

But even if I had the money to buy now, I'd wait a bit anyway to see what happens to the market. Precisely because when I buy I'll be buying a home, I want to get this decision right and not rush things in the current climate.

I think my post was reacting to what I perceived as the OP's implication that renting is wasteful and buying is always better from a financial point of view.

Thanks for the welcome! :hello: