Thursday, Jul 26, 2007
Somewhere between bull and bear
Every Investor: Better to rent your home than to buy it?
OK, there is no sign of a housing crash in the UK at present, but the simple fact is that house prices cannot continue to rise faster than earnings indefinitely.
buying a property should be an investment decision based on a careful assessment of both the rewards and the risks.
In many areas and for many types of property, buying will still work out cheaper than renting, and this is especially true for family houses outside Greater London. But for flats aimed at first-time buyers, the numbers will often point to renting as the sounder financial decision.
Posted by dohousescrashinthewoods @ 09:09 AM (185 views) Add Comment
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