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Debate House Prices
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UK house prices down 23 percent in real terms.
Comments
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Dithering_Dad wrote: »
Not sure why you'd be dependant on the state in retirement just because you don't own your own home. Surely that's got more to do with investing in a pension than a home? In some ways, not paying a huge mortgage would mean having more disposible income to invest in a pension.
Must say the freedom of renting would be an attraction in retirement, considering the reduction in ties. Doesn't stop you selling your house on retirement (or renting it out).'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Must say the freedom of renting would be an attraction in retirement, considering the reduction in ties. Doesn't stop you selling your house on retirement (or renting it out).
agree w this - gparents did this 5 years ago. if you back the right horse (and are prepared to switch horses and not fall in love too much with any particular one) can work out pretty well imo.
depending how far they fall I wonder if they'll ever switch backPrefer girls to money0
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