fast car budget between 1k and 3k

[meritlover]

Buying houses is for grown ups, the problem is by the time some people decide its time to finally buy a house, they realise theyve spent the last 15 years paying off someone elses mortgage and not their own while spending the rest of their money of fast cars. At least now theres the excuse that the financial crisis made it 'impossible' for anyone to ever possibly buy a house.....

[turbojolt]

renting is great!!!! every time something goes wrong i call them up and its sorted

[Andy]

renting is great!!!! every time something goes wrong i call them up and its sorted

And they retire on your hard earned.
Fukk that.Iv wasted nigh on 50 grand on other peoples mortagages and have jack sh1t to show for it.
Oh and incidentally,nothing has ever "gone wrong".

[Hobbit]

We're looking to buy at the moment and a house similar to what we were renting is two thirds of the price per month. So although you get things fixed for "free" by your land lord in reality you are paying for that privilege.

[Andy]

We're looking to buy at the moment and a house similar to what we were renting is two thirds of the price per month. So although you get things fixed for "free" by your land lord in reality you are paying for that privilege.

Exactly that.

[Adam]

Renting is far from great. But there's good and bad to both.

[Stuart]

Over half your mortgage payment is rent to the bank.... Not such a great deal when you look at the grand scheme of things.

[Southie]

My mortgage is my pension with making plenty on the original purchase so its the only way I can really go, I've spent plenty on car projects in the past 20 years so owning my own house and being mortgage free at 50 will do me fine.

[Jon_nova1]

Over half your mortgage payment is rent to the bank.... Not such a great deal when you look at the grand scheme of things.

It is when your mortgage is half the price of rent and you get to keep a house at the end of it

[Jack]

My mortgage is my pension

^ This.

We're looking at buying next year, a quick looksee shows that mortgages for us will be roughly about the same price as renting, but thats mainly as we'll struggle to get more than a 10% deposit.

There's no chance our crappy pensions will cover rental payments when we're old and crinkly, assuming I live that long So it would be nice to own a house, or at least as much of a house as possible before the income dries up.