Re:The best investment I never made
by Domenic_S on Monday June 25, 2012 @12:48AM
(#4155134)
> Not really because usually you just need to give one months notice to move out.
Depends on the terms of your lease. [1-3]-year leases are common out here, in which case you'd have a problem on your hands if you gave a month's notice.
> A person that "owns" his own house would only move as a completely last resort because the costs associated with it are much, much higher.
That also depends on the situation. If there's equity, they may make money by selling. It's impossible to compare these situations except to say that if you don't pay your landlord or bank, you're out.
Depends on the terms of your lease. [1-3]-year leases are common out here, in which case you'd have a problem on your hands if you gave a month's notice.
> A person that "owns" his own house would only move as a completely last resort because the costs associated with it are much, much higher.
That also depends on the situation. If there's equity, they may make money by selling. It's impossible to compare these situations except to say that if you don't pay your landlord or bank, you're out.