Were renting a 3 bedroom house for 700/month.
The house next door went on sale for 300,000 & just for curiosity I enquired about a mortgage to buy it. Its the exact same house as the one i'm renting, & i was getting an average of over 1,200 per month to pay back the mortgage.
I'm 25 & enjoy renting as i can get up & go when i please ie if travelling for a few months etc But will be settling down soon, but there is a big different in the expenditure per month on the exact same house
Is renting still looked upon as the whole waste of money.
The house next door went on sale for 300,000 & just for curiosity I enquired about a mortgage to buy it. Its the exact same house as the one i'm renting, & i was getting an average of over 1,200 per month to pay back the mortgage.
I'm 25 & enjoy renting as i can get up & go when i please ie if travelling for a few months etc But will be settling down soon, but there is a big different in the expenditure per month on the exact same house
Is renting still looked upon as the whole waste of money.