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Once and For all.

Now IF's and BUTTS!!
(nice butts welcome though)

Renting or Buying - which is best?

Which is best, Renting or Buying? 32 votes

Renting.
15%
manhattanwolvomanrussellgreenoiamconfusedagainnettibetti 5 votes
Buying.
71%
SybariteMilky_MochaprudrydennearlyrichAdcruella_de_vileDoozergirlsilvercardavid29dpojoey-louwymondhamnhaslumfivemiceJon211A11ysonTracey173mrsc_4cwcwfreebo_2mr.broderick 23 votes
Travelling (Gypsy style)
12%
mystic_trevmdb99jhGorgeous_GeorgeGavLaw 4 votes
«13

Comments

  • Milky_Mocha
    Milky_Mocha Posts: 1,066 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Buying.
    Depends on a whole lot of factors such as permanence of job location, marital status etc etc but for me it always makes sense to buy instead of rent. I don't understand certain people who are happy to spend £1000 plus on rent but I'm sure they have their reasons.

    My reasons for buying:

    I will own a house which I can then pass on to my child(ren)
    Source of equity (house prices go up more often and by a greater margin than they come down)
    No risk of being tarnished with the previous renter's poor credit record or clandestine activities.
    I won't feel I'm throwing money away if I choose to make major improvements to the house (that is if the landlord would let you do them in the first place)
    The reason people don't move right down inside the carriage is that there's nothing to hold onto when you're in the middle.
  • Alan_M_2
    Alan_M_2 Posts: 2,752 Forumite
    This is as arbitrary a poll as asking which is better?

    Apples
    Grapefruits
    Fruit smoothies?
  • Renting.
    It's time we had an answer to this age old question!
  • It's not clear cut like that - there is no 'answer'.
  • It's time we had an answer to this age old question!

    Will the coin fall as heads or tails.

    It is time we had an answer to this age old question.

    Not forgetting "Which came first the chicken or the egg?"

    :rolleyes:
    ..
  • Renting.
    everything has an answer - we just don't know them all yet.

    If a survey found that 0.56 % of House owners committed suicide every year, and only 0.24 % or tenants commited suicide, wouldn't that suggest that mabe renting was better?
    (For arguments sake of course)
  • Renting.
    Alan_M wrote:
    This is as arbitrary a poll as asking which is better?

    Apples
    Grapefruits
    Fruit smoothies?

    FRUIT SMOOTHIES!..... Obviously ! :p:p:p
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    different strokes for different folks mate, it simply cant be answered
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • everything has an answer - we just don't know them all yet.

    If a survey found that 0.56 % of House owners committed suicide every year, and only 0.24 % or tenants commited suicide, wouldn't that suggest that mabe renting was better?
    (For arguments sake of course)

    Not really - you couldn't blame the suicides on being a house owner.
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    fac73 wrote:
    Not really - you couldn't blame the suicides on being a house owner.

    course you could, if interest rates push people over the edge
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
This discussion has been closed.
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