Studio flat in london, to buy or rent

other

thanks for the explanations:)

my logic is to work out if it is worth buying now, for personal and economic reasons. then if it is worth buying, i will ask parents for help with buying, and if they are not up for it, then fine. There's not much point me asking parents for help to maybe buy, but i haven't decided yet.

i'm not talking about personally using a commercial loan (professional development loan or similar) to fund the deposit/repayments. I was just talking about them since they can be used to contribute towards rents.

Anyway, i think i'll leave it for a few years, if prices go up 10% then that's life, if prices go down 10%, then i'll be pleased. I don't have a crystal ball and a job, i'd rather risk my own money in the future.

thanks for all the advice and opinions!

moneysavinmonkey

other wrote: »

thanks for the explanations:)

my logic is to work out if it is worth buying now, for personal and economic reasons. then if it is worth buying, i will ask parents for help with buying, and if they are not up for it, then fine. There's not much point me asking parents for help to maybe buy, but i haven't decided yet.

i'm not talking about personally using a commercial loan (professional development loan or similar) to fund the deposit/repayments. I was just talking about them since they can be used to contribute towards rents.

Anyway, i think i'll leave it for a few years, if prices go up 10% then that's life, if prices go down 10%, then i'll be pleased. I don't have a crystal ball and a job, i'd rather risk my own money in the future.
thanks for all the advice and opinions!

FWIW I think you have made the right decision. Now get back to your studying or partying or whatever it is that you should be doing :rotfl:

carpetbelly

Curious_Moose wrote: »

You're young. You won't be forever. You should be going out getting laid, getting drunk, taking illegal drugs and playing poker; not worrying about a mortgage bigger than a donkeys willy.

:rotfl: :T :rotfl: