Quote:
Originally Posted by Viney
Ok, you walk away with nothing to show, but i havent paid for any maintaince, or anything. I have no risk. Why are people in the UK so set to buy houses?
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Because at the end of it, I can sell my house when im retired, make a huge profit, then move to another country and live off the money for the rest of my life. Call it a long term saving account.
Those who rent will only have their pension.
Plus its nice to own something and call it YOURs, not just a place you rent.
PS, currently i have a 30 year mortgage, and have no issues, esp as i've got a cracking house
