Re:Hard-won lessons about money and investing
by JoachimSchipper on Sunday November 30, 2014 @01:55AM
(#8676228)
Houses are pretty cheap, compared to how much money you need to retire.
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Re:Hard-won lessons about money and investing
by lucaspiller on Sunday November 30, 2014 @05:26AM
(#8676509)
Also as a rough estimate, most yearly rental prices are 5% - 15% the value of the property. If you get a long mortgage (in the UK, 30 years is pretty common) you can easily pay less per month than you would rent.