Debate House Prices


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"Rent money is dead money"

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  • space_rider
    space_rider Posts: 1,741 Forumite
    Having tried both, I would rather pay my own mortgage than someone else's.

    Rented for 6 months when I sold my last house. Would have probably been tempted to carry on renting but landlord wanted to sell at a price I wasn`t prepared to pay. Couldn`t keep uprooting 3 children when l/l wants to sell. I`m sure it`s worse now as you read about people finding letters telling them house is being repossessed. That uncertainty isn`t for me. The mortgage I pay on my home is affordable and always will be.
  • Exactly Space rider , nobody in their right mind would "choose" that lifestyle.
  • The mortgage I pay on my home is affordable and always will be.

    Can you lend your crystal ball to the OP. It does not realise the value of investments can go down as well as up.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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".

    at least if you rent next to some chavs you can just move at the drop of a hat. imagine if you had bought a hideously overpriced two up two down only to discover that you lived next to a bunch of reprobates and you couldn't move as you were now trapped there by negative equity.
  • Sally_Gee wrote: »
    Hmmmm well I last bought a home in 2001 , so I would indeed like to take you up on your bet! How much can I "have on" and at what odds would you like to offer me please?

    playing monopoly counts for nothing.
  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    at least if you rent next to some chavs you can just move at the drop of a hat. imagine if you had bought a hideously overpriced two up two down only to discover that you lived next to a bunch of reprobates and you couldn't move as you were now trapped there by negative equity.

    Just get them bumped off, it's not a problem
  • at least if you rent next to some chavs you can just move at the drop of a hat. imagine if you had bought a hideously overpriced two up two down only to discover that you lived next to a bunch of reprobates and you couldn't move as you were now trapped there by negative equity.

    If chavs appear on "my estate" I would have them arrested ! (or possibly shot :rotfl:)
  • Sally_Gee wrote: »
    That is all.

    Shut up you dik!
    Hi, we’ve had to remove your signature. The one where you showed us Dithering Dad is a complete liar. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE Forum Team
  • Flower08 wrote: »
    By underclass you mean those of us who work every hour we can to pay our own way in the world? Work hard to pay the rent and bills...presumably people like me aye?

    Well i dont know about everyone but i'd rather be known as the 'underclass' as you put it than some upper class snob who thinks the worlds owes them something. While we're here should we all bow down at your feet?
    Pretty flower dont worry, he has just woke up and looked in the mirror and realised what a joke he is, fat bald and all alone.
    Just pity him because when he goes back to sleep again he will never change.
  • alexsean
    alexsean Posts: 10 Forumite
    Sally_Gee wrote: »
    Just pointing out some facts to the underclass flower!

    Methinks somebody is fishing...

    Dont take the bait!
    Credit card - £0 / Catalogue - £0 / No Debts!!! :j
    04/01/10 Savng for a deposit - Target £10,000 / Currently £7,850
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