He touches on that in this post (with numbers): https://www.mrmoneymustache.com/2015/07/27/rent-vs-buy/
Those numbers dont really work in the uk.
Re:Interview with Mr. Money Mustache
by cerberusss on Wednesday September 27, 2017 @02:16PM
(#15350649)
So what numbers do work in the UK? I'm from The Netherlands, and I also find that these numbers don't work for me. However, I have a spreadsheet with my own numbers and it shows I can retire about ten years earlier than the rest. And that's nothing to sneeze at.
I've found myself saying that phrase in response to a lot of MMM's posts.
Re:Interview with Mr. Money Mustache
by gnopgnip on Wednesday September 27, 2017 @01:08PM
(#15349878)
Anywhere in the UK, or just in the largest few cities?
Re:Interview with Mr. Money Mustache
by maxsilver on Wednesday September 27, 2017 @12:48PM
(#15349660)
No worries, those numbers don't really work in the US either.
Re:Interview with Mr. Money Mustache
by branchless on Wednesday September 27, 2017 @12:26PM
(#15349400)
He owns and rents several properties. Rentier activity like this pushes up housing costs.
Try to quantify each commute kilometer, for example, each km costs 1,000 GBP in lost time, car expense, and psychological damage. Plug that into an equation then ask yourself if it is worth it to live closer to work or not.
The housing expense often costs more than owning a cheap car.