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Topic | I'm starting to wonder what the point of owning a house in middle-age is. |
ArchiePeck 12/17/18 5:42:43 AM #5: | My monthly mortgage payments are substantially cheaper than the equivalent rental costs would be for a house of the same size, and when the mortgage is paid off I end up with an asset worth around 110K. Renting you end up with nothing, and you have no real control over your long term living plans as the landlord could decide to sell the property on a couple months notice. That is not good for children if you end up having to move area/school - it's a lot of disruption. ... Copied to Clipboard! |
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