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Is renting really that bad?
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[quote][i]Originally posted by Ojc[/i] Just a few ideas that have been floating around my head the past couple of weeks. With the state of things at the moment and needing around a 20% deposit and to get a decent house in a fairly decent area around here is still going to cost us 200k I've started to think about renting. Now for some reason in this country renting is frowned upon, yet in Europe people tend to rent until they can normally afford to put down at least 50% of the value of the house through even inheritance or savings and therefore people don't buy until a lot later in their lives. Renting for me would be more suitable, I can find a decent house with driveway and garage for around £800 a month in decent area, that is the difference in that the houses up for rent are usually not town houses and usually in decent suburbs so I can have a drive and a garage. Opinions? [/quote]
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