'Rent Is Dead Money' - Excellent Article For All FTB To Digest

THE_GHOULISH_CODPIECE

All right-minded intellectuals on here already know this but it seems some people prefer paying off their landlords mortgage not their own. If you are a young couple or a FTB then please do not listen to the crazies. This excellent piece of literature will help you get that first crucial step on the ladder. http://www.propertyinvestmentproject.co.uk/blog/renting-is-dead-money/ Mods please sticky.

Graham_Devon

Bit like tesco saying buying food is stupid.

Who is this desperado anyway? Use of "believe me" and "you won't be attractive to the opposite sex if you rent"?

No surprises you dig it.

DervProf

If everyone listend to, and acted on the advice "renting is dead money", where would we be ?

For some, renting is a good idea. For many, they have no option but to rent. For a few that choose to rent rather than buy for financial gain, it is a risk. I expect the number of people that do that is small, but it seems to give the bulls pleasure, so at least it's a win-win situation.

THE_GHOULISH_CODPIECE

Graham_Devon wrote: »

Bit like tesco saying buying food is stupid.

Who is this desperado anyway? Use of "believe me" and "you won't be attractive to the opposite sex if you rent"?

No surprises you dig it.

But he is absolutely correct. Especially when he says "owning a home provides a physiological sense of stability, adulthood and independence". This explains the evil, possessed of the devil crazies over on HPC, visa vie they are all physiologically damaged.

Graham_Devon

THE_GHOULISH_CODPIECE wrote: »

But he is absolutely correct. Especially when he says "owning a home provides a physiological sense of stability, adulthood and independence". This explains the crazies over on HPC, visa vie they are all physiologically damaged.

To those who need such a thing to provide psycological wellbeing.

Hence again, why you dig it.

THE_GHOULISH_CODPIECE

Graham_Devon wrote: »

To those who need such a thing to provide psycological wellbeing.

Hence again, why you dig it.

Dig it? Passing it on to help others as I'm concerned FTB listen to ghouls and end up renting and putting their life on hold working and forming out for someone elses mortgage. Not sure why you think that is right, fair, or even noble.

N1AK

THE_GHOULISH_CODPIECE wrote: »

visa vie they are all physiologically damaged.

Talking of mental issues, you might want to:
1/ Look up how to spell that.
2/ When you know how to spell it, look up what it means.

I sometimes think I'd be better shutting up on this forum. Your posts do a far better job of damaging the bullish arguments, and posters, than I ever could.

FATBALLZ

Renting has worked out well for me, my last 6 homes were taken over by Romanian immigrant squatters, I was able to just say 'f*** it, i'm gone', however if I had bought I would have lost tens of thousands in legal fees not to mention several ounces of hair.

the_flying_pig

Graham_Devon wrote: »

Bit like tesco saying buying food is stupid...

well, like tesco saying that all of the products that make up their entire sales portfolio are !!!! and for losers.

my gut feel is that the blogger just might have been looking to sell up [at the time he wrote this three years ago].

tomstickland

Renting hotel rooms is dead money.

FATBALLZ

tomstickland wrote: »

Renting hotel rooms is dead money.

As is renting the prostitute. However the benefits of being able to ditch them after one night as opposed to owning a wife cannot be denied