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Old Feb 1, 2005 | 09:34 PM
  #11  
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Neil Clark
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Originally Posted by b19bal
but ,y rent is alot cheeper than 25 years of a 300k morgage

i dont earn enough to pay for it either and tbh i dont see why i need to buy a house , its a nice thing but in all honesty its alot of headache if ya gonna struggle to get on the ladder

200 quid rent a month thats 2400 a year and 24000 over 10 years and 60k over 25 years

now a 300k morgage a year is how much

i dont see the benifit imo , i can not afford it and even if i did its not gonna be 200 quid a month infact my interest is gonna be more than 60k

ok i can sell for a profit but then i gotta buy an new place with the money too

good luck on your desision though mate , theres beter ways to make money now though, houses are not a instant money deal like it used to be
Thats all true buddie. I get £450 a month rent for a £130k house but like i say i'm not in it for the money it just annoys me when people say the market WILL crash, it wont lol
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