[QUOTE=monkey hanger;1213323]
Quote:
Originally Posted by Margaret Pilkington
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
only when you have actually paid for your property is when you are not in debt for it. many now still have a mortgage after pension age and i,m sure it will get worse on this front. been a buyer and a renter in my life and never regretted being a renter. as for doing a property up yourself again this aint for everyone. i need a workshop manual to change a lightbulb and even then i,ll break the first one installing it. all home ownership did for me was a visit to the divorce court as working 7 days a week, 12 hours a day just for bricks and morter were just not for me.
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Of course owning is not for everyone.
If you have a job which means you can be sent to anywhere in the country, then it only makes sense to rent....but I stand by what I said.
As for being unable to cope with DIY....there has never been a better time to learn, or more ways to educate yourself.
I am not a spring chicken(though I like to think I am) and four years ago we had major work done on our house.
It was left looking like a cave.
I varnished all the wood floors with little help other than looking at a video on YouTube....but the DESIRE to do it has to be there.
I saved myself £600....and with that money I was able to enlist the services of a young man to paint and decorate...putting bread on his family table.
Every time I vacuum or clean the floor I look at it with pride and think to myself 'I did that'.
Landlords have a hold over you...they can chose what they do...and when....and you can have been a good tenant, but if they want you out....then out you go.
If you overstretch yourself then of course it is a struggle, but a
good partnership will survive a struggle