Quote:
Originally Posted by monkey hanger
need more affordable rented accomodation for people. buying a house is not for everyone even if they can afford it. a drain on all your finances and the only way you ever make money and that means cash in your hand is to buy a small one maybe in a cheaper area. not many would really fancy this as you,ve burnt your boats then. at least with rented houses you get your repairs done which for someone like me is the biggest bonus i could ever imagine.
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I would never rent...it is dead money...going to furnish someone else's lifestyle.
I would rather buy something lowly...a terraced home, do it up to my taste and standards....there is something very satisfying in doing that and knowing that it is the fruit of your own efforts.
This gives you a foot on the ladder....and it is then up to you how far up the ladder you go...but it takes work, determination, a bit of vision and sacrifices.
Nights in instead of nights out...home cooked instead of take always, staycations rather than vacations.