Renting Vesus Home Ownership

Discussion in 'Investment Strategy' started by Magnet, 18th May, 2016.

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  1. Magnet

    Magnet Well-Known Member

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    Magnet, 18th May, 2016
    #1
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  2. Xenia

    Xenia Well-Known Member

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    Lots of people do this and yes there are a lot of benefits, the main being living in a nice home at a lower cost than home ownership.

    There are a demographic of tenants that are renting by choice not by necessity. High end properties lease very quickly to this demographic.
     
    Xenia, 18th May, 2016
    #2
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  3. EN710

    EN710 Well-Known Member

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    After years of renting, I have preference to live in our own house for more control. Totally hate moving!

    That said, it is nice not needing to think about strata and council and water and things to fix when we are renting :D
     
    EN710, 18th May, 2016
    #3
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  4. Skilled_Migrant

    Skilled_Migrant Well-Known Member

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    This last line resonates as it explains the conflict of interest in one sided article and the marketing plug in:

    Melissa Browne is CEO of accounting firm A&TA and author of Fabulous but Broke.
     
    Skilled_Migrant, 18th May, 2016
    #4