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Own up. Do you regret it

eurows · 2005-09-21 17:35:10

Is there anybody here who wishes they had not bought last year in the peak or now thinks they are in negative equity. Or have you got an IO mortgage and wish you hadn't. Or have you bought last year and now look at your repayments at the cost of holidays and a life and wish you hadn't. Truthful answers only please

Comments

kinster_2 Posts: 592 Forumite

2 October 2005 at 10:46PM

LondonBen wrote:

Reluctent to let this one go unchallenged.
You say like for like property. Please let me know where you can buy a property for £155K which would cost £875 per month to rent.

Depends on area and time of purchase

I would suggest £600 per month rent closer to average Uk returns at present,
I'll leave you recalculate the figures using their formula, but there are various other points in the article I would contest.

"Renting is dead money" is a complicated debate, and cannot be summed up using the simplistic formula in this article. IMO

Based on individual cases

You'll Never Be Rich Working for Someone Else
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Own up. Do you regret it

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