Thread: House buying
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Old 07.12.2010, 15:28
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Re: House buying

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I beg to differ. Buying a house is not a guarentee of investment. It also lends itself to far more upkeep work than an apartment. I have several friends who do not want to own a house. Indeed, one of my friends have sold their after 2 years to go back to an apartment, as it's easier to manage. One might also argue that it "ties you down" somewhat, although I lean less toward this argument.
This is very true. A while back I read a report about Europe and how high house ownership was parallel to high unemployment. The countries with the most house ownership had the highest unemployment. If you own a house you can't move to where the jobs are.


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Overall buying is better than renting. There are a couple of key decisions one has to make though before getting into this.
This is not true. I think we've seen that recently.
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