Did you buy a house or do you pay rent?
I’m in the process of finding housing. I have a few phone numbers to check for apartment availability so rent. Usually, I rent a studio.
I own a mobile home. When you own a home you can’t call a landlord when things break.
I have a mortgage on a 1 bed flat.
Was able to get a decent deposit together
Payments are less than renting, and if I don’t die before I am 67, I will own it!
I paid mine off in like 4 or 5 years. You’d think a flat would be less expensive than a mobile home.
A friend of mine bought a mobile home for about £20k here. My flat I had to mortgage for £161,000
Wow that’s a lot!!!
This is for real. I have a mortgage on a 70 year old home and ■■■■ breaks/needs repair/needs updating constantly.
You really need to be handy to own a home, or have lots of money cuz it’s expensive af to pay people to show up to fix your problems.
My remaining mortgage is like $67,000. It’s actually more expensive to live in a trailer around me because you need to rent the land it’s on. But some people prefer living in a trailer park.
That’s pricing near London for you
Once you hit the midlands and further north in England prices go down quite a bit
I’d be able to get a house in some places for £161k
You ain’t lying!! I have no idea where to start. Everything at my place is in disrepair.
The best part of owning a house is that eventually it will be paid off so there will be no more monthly payments. Renting there will always be a payment forever. There is upkeep with owning versus renting but after its paid off its yours forever
Do you own your place?
Where I live you pay yearly taxes on whatever you own. My taxes though are only like $12/year. When I lived in another district I paid like $200/year. Same state different county
If you rent a house for 10 years and then move out, that is it, all your money is gone. Renting is just throwing away money.
If you buy a house, then move out 10 years later, you can sell it and get your money back, perhaps get back even more money because property values tend to always go up.
Depends on what you are comfy with, if you buy it is sort of a nice cash payout in the end.
On the other hand, if your life is not stable and income comes and goes, it may be hard to maintain or even keep for that matter
I prefer not to be attached to house, maybe if I was married I would have, here in Canada the rules for getting a loan for a house are harder and the prices are way higher than in some parts of the USA
Rent a 2 bed council flat. And the rents 100% paid with the housing benefit - so live rent free - thats ontop of the ESA / PIP.
I did my share of living in absolute dumps for over 12 years by scummy private landlords - so dont feel guilty in the slightest.
Ive got a life-long secure tenancy - so im here till im found dead one day in bed. And if the council wants me out - a court judge would have to approve it
I live in very nice subsidized housing. It’s like a park. The apartment is perfect for me. I never wanted the responsibility of owning.
Haha you’ll be alright
Yeah, ive got plenty of years yet to be bloody annoying to the “public” haha
Its ok here - apart from the “Karen” upstairs that has just moved in and seems to be moaning at everyone here - im sure she will settle down. The rest of us have all known each other for over 20+ years - so shes being bloody ignored lol.
Debbie moved out a few months ago to a ground floor cos she was too blind bless her heart. x
Bless your heart do you still get to talk to Debbie? You guys were friends right?