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jamiemartin721 Reading 28 Apr 16 3.40pm | |
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Originally posted by npn
Not so much an obsession as prudent economics surely? Even if the house were eventually reclaimed on your death, I'd still think it a decent investment just for those final few years of rent/mortgage freedom and more disposable cash! Speaking as someone who got their first mortgage 28 years ago, and with now only 7 years to go, if I could speak to my 21 year old self, I'd be inclined to say "well played, son (oh, and don't get involved with that German bird, it will all end in tears and poverty)" So you basically have a nice house, but risky glass coffee table.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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jamiemartin721 Reading 28 Apr 16 3.44pm | |
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Originally posted by johnfirewall
The Dutch are the biggest renters but they also wear shoes made of wood. Is this a genuine question? I'd say the purchase to rental ratio is probably greater on the continent. It is the left's pet complaint, although I admire the martydom of paying 75% of your wages to live in Clapham. I think that, irrespective of political swing, is a pretty unacceptable situation. I know people who are paying 60-70% of the wages to live in Whitley, which is basically our Bermondsey, but with a ever present smell of sewage. I wouldn't object to paying 75% of my wages to live somewhere very nice, but to have to pay that to live somewhere where they'd house you on benefits for free seems to decentivise working in the first place.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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johnfirewall 28 Apr 16 3.57pm | |
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Originally posted by jamiemartin721
I think that, irrespective of political swing, is a pretty unacceptable situation. I know people who are paying 60-70% of the wages to live in Whitley, which is basically our Bermondsey, but with a ever present smell of sewage. I wouldn't object to paying 75% of my wages to live somewhere very nice, but to have to pay that to live somewhere where they'd house you on benefits for free seems to decentivise working in the first place. It's not right, but I just laugh at those protesting when they open a Foxtons somewhere they chose to move based on every other factor than affordability. Yesterday I overheard someone moaning about living 15 mins walk from a station.
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