Debate House Prices
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Rent money is dead money

tod123
Posts: 7,021 Forumite
Heed my warning, thank me later.
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Comments
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Food money is dead money.0
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Life Insurance is dead money.0
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The benefits of buying a house
- you slowly build equity over time- it’s not money down the drain
- statistics show that property doubles in value over 10years
- owning a home provides a physiological sense of stability, adulthood and independence
- it’s easier to get loans because you have collateral
- once you buy a house, it’s easier to gradually upgrade to bigger and/or more expensive homes
- let’s face it, it’s appealing to the opposite sex
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Not if you're a landlord. Renters with no idea that they can buy a place for less are funding your retirement.0
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Tod, seriously, everyone here has heard it all a million times before. Save it.0
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surely rent money pays for te roof over your head and shelter is one of lifes basic needs so how is it dead money??MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/20000
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Everyone get motivated to buy0
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