Life science - Buy or rent

RobHT

Schwarzwald said:

MobileSaver said:

RobHT said:

What kind of life style are these people living now instead of being free to make a different choice with a rent option?

If you are referring to the people who bought a house two years ago then they are probably living the dream and loving living in their new home.

Most will have fixed their mortgage for at least 5 years at record low rates so will be laughing all the way to the bank.

They will also be sleeping soundly knowing that they can do pretty much whatever they want in their lovely new home and stay there for as long as they want without having to ask their landlord for permission to do either...

^^ this !                     

I already replied to this, but I also want to add that we are talking about investment, an asset, forget about the dream house, no one gets that anyway, so I don't consider what I can do or not, just having a roof on my head and eat heahtly, cool ah?

My dream house is a proper European house made by proper bricks and armored corners/foundations with Iron, far away from idiots, swimming pool (I can just dig right? ), garden, 2 garages, 160 m2 living space, gym, sport room (for people that like simulators), 3 bedrooms for parties, top kitchen with 2x appliances (because why not), 2 bathrooms, house sides all covered by a proper structure in wood, air conditioner (in UK it doesn't exist), and a lot of other top level stuff that I can only dream about.
See, I won't have all that in UK anyway , unless you pay 2M outside London center and 1M somewhere else.

Realistically speaking, I could get a good portion of that in another country for 250k, but I'd need to renounce to the swimming pool probably, 1 garage, some other top level stuff and the border all in wood for not burning in front of the sun...

In UK, it's still completely out of reach, in EU, I could get close to it.
But I didn't want to discuss this, in UK you can only think with money, so house=investment, bad investment.