12 reasons to not buy a house

inflationiscoming

you must have a good pension if you will be able to continue paying rent indefinitely and eat when you are retired

FATBALLZ

There are plenty of reasons why a culture of renting would be far better than a culture of buying, and why renting is better for an individual than buying, however until a forward thinking government brings in some policies to keep rents affordable, gives tenants the rights to treat a place as their own, and ensure a decent level of security of tenure, the way things are is here to stay.

shellsuit

HAMISH_MCTAVISH wrote: »

20) Never have to worry about what colour your house will be painted, it's always going to be Magnolia.

21) Keep the thrill of never knowing where you'll be living in 6 months.

22) You get to let the nice lady from the lettings agency poke around your house every few months for an "inspection".

24) Maintain a permanently lower credit score, which helps avoid the temptation of running up other debt. It's just too expensive.

25) You get to keep in touch with the nice man at the moving company, after all, you see him twice a year.

I rent and can paint whatever colours I like.

I can stay here unless I don't pay the rent.

I don't get anyone poking around for an inspection.

I don't care for my credit score as I don't need or want any debt.

I don't see anyone from a moving company, unless I choose to move.


I gather you're talking about private lettings but the above didn't apply to me when I rented privately for 12 years and I'm in a HA house now.

abaxas

inflationiscoming wrote: »

you must have a good pension if you will be able to continue paying rent indefinitely and eat when you are retired

Equally


"you must have a good pension if you will be able to continue paying care home costs indefinitely, keep your house and eat when you are retired"

inflationiscoming

sell your house if you need to go into a care home

Cleaver

B_Blank wrote: »

10, You dont have to worry about subsidence

I worry about subsidence pretty much all day every day, and that includes the 23 years of my life before I bought a house. Subsidence is everyone's business.

On an unrelated note, is it just me or does this place get that little bit more crazy on a daily basis? It can't be long before the sponsored adverts on the right hand side of this forum are all for mental health charities and phonelines.

CLAPTON

it would seem to be perfect harmony

there seem to be people who like to buy
and there seem to be people who like to rent

lucky in a way that in general there are houses available for purchase and there are houses available for rental

Cleaver

CLAPTON wrote: »

it would seem to be perfect harmony

there seem to be people who like to buy
and there seem to be people who like to rent

lucky in a way that in general there are houses available for purchase and there are houses available for rental

Very true. I suppose if you're passionate about these types of things though then it all matters to you. There's probably a clothing discussion forum somewhere on the interwebs where some nutter is making a list of 12 reasons why t-shirts are rubbish, with a handful of t-shirt fans arguing against their reasonings.

System

Cleaver wrote: »

I worry about subsidence pretty much all day every day, and that includes the 23 years of my life before I bought a house. Subsidence is everyone's business.

I have nightmares about waking up and finding a powerstation or landfill next door.

Happened to 4 different sets of friends I know.

Pimperne1

Cleaver wrote: »

Very true. I suppose if you're passionate about these types of things though then it all matters to you. There's probably a clothing discussion forum somewhere on the interwebs where some nutter is making a list of 12 reasons why t-shirts are rubbish, with a handful of t-shirt fans arguing against their reasonings.

T-shirts are rubbish.