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Why You Should Rent.

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So, this site is populated mostly by people who are renting whatever home that they have.

So why should we rent?

Whenever you should buy you should consider two things.

1) Can you afford a repayment mortgage against the property?

2) Can you see your wages increasing and if not is the property you are buying suitable to be your permanent home?

Question one should be obvious, question two should be considered when taking into account permanent low inflation.

Low inflation?

Well the housing market has allowed people to upsize due to wage inflation pushing wages up whilst the existing mortgage remains constant, essentially inflation pays of the mortgage quiker then you are.

by the time we enter our early thirties on average our salaries will only increase by inflation. Most have hit their professional cieling at this point.

Inflation has always been the major drive of the housing market.

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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