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Debate House Prices


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12 reasons to not buy a house

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Comments

  • flexrider
    flexrider Posts: 745 Forumite
    wallbash wrote: »
    To those that rent, you will never know the excitement that I experienced last month, when I paid off the Mortgage after 23 years.

    MF and rent free .............ecstatic.


    i know that feeling very well, No morguage either here finished in 2009 wake up every morning thinking...Its my home at last! not a banks or anyone else! after 2 years i still think i am going to get a knock at the door stating your home will reprocessed...haha never happens but good mindset to have to keep me working and in check!
    :D
    "MSE Money saving challenges..8/12/13 3,500 saved so far :j" p.s if i been helpfully please leave me a thank you but seek official advice at all times from a pro
  • B_Blank
    B_Blank Posts: 1,105 Forumite
    If i could buy outright now i wudnt, i wud rather rent
    I am not a financial expert, and the post above is merely my opinion.:j
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    B_Blank wrote: »
    If i could buy outright now i wudnt, i wud rather rent

    That's my boy!
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    edited 31 May 2011 at 7:34AM
    ..........
    Been away for a while.
  • Londonsu
    Londonsu Posts: 1,391 Forumite
    B_Blank wrote: »
    If i could buy outright now i wudnt, i wud rather rent

    In that case your logic is as bad as your spelling
  • bugslet
    bugslet Posts: 6,874 Forumite
    Buying versus renting, simple decision in my case. 5 dogs:rotfl:

    Can't imagine why it would be difficult to rent:p
  • FATBALLZ
    FATBALLZ Posts: 5,146 Forumite
    Desperate_Housewife wrote: »
    Heres an idea...if you want to buy a house then buy one, if you want to rent then rent! simples!

    Well it's not really as simple as that though is it, I'd actually prefer it if we had a well regulated and affordable rental sector to rent in, as there are many advantages and less responsibilities when you are renting. So I'd like to rent, but am having to buy due to the state of the rental market.

    On the other hand as we know, there are many who want to buy, but have to rent.
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    HAMISH_MCTAVISH wrote: »
    20) Never have to worry about what colour your house will be painted, it's always going to be Magnolia.
    Haha :D

    I think the tread can be summed up by saying horses for courses.

    There are arguments both ways in the buying/renting debate. Depending on your personal circumstances different weighting will be applied to the arguments.

    For example a young single person who has just moved to an area and started a new job isn't likely to value staying in one place too highly. They are more likely to want the flexibility to move around at short notice. But compare that to a couple in their 30s who have got 1 kid and another on the way, they are going to value stability in where they live a lot higher.
  • Desperate_Housewife_2-2
    Desperate_Housewife_2-2 Posts: 1,787 Forumite
    Mortgage-free Glee!
    FATBALLZ wrote: »
    Well it's not really as simple as that though is it, I'd actually prefer it if we had a well regulated and affordable rental sector to rent in, as there are many advantages and less responsibilities when you are renting. So I'd like to rent, but am having to buy due to the state of the rental market.

    On the other hand as we know, there are many who want to buy, but have to rent.


    In an ideal world I would be a millionaire and !!!!!! 50 pound notes but hey, we dont live in an ideal world...deal with it...
    Save £12k in 2012 no.49 £10,250/£12,000
    Save £12k in 2013 no.34 £11,800/£12,000
    'How much can you save' thread = £7,050
    Total=£29,100
    Mfi3 no. 88: Balance Jan '06 = £63,000. :mad:
    Balance 23.11.09 = £nil. :)
  • DannyboyMidlands
    DannyboyMidlands Posts: 1,880 Forumite
    Yawn. The most boring post I've ever read. So you bought some houses, big deal.
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