DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - I got offered a new job

**irresseni** · 01-14-2009, 04:23 AM

i definitely would say rent and just so you know i followed my own advice 2 years ago,
my house had doubled in value over 4 years and i knew the housing bubble was going to burst sometime soon so i sold it and paid off my debts and now i rent, but seriously i would read up on this dont just take my opinion,

To be honest I know a little bit on the current finanacial crisis (not tonnes mind you), but with prices coming down my Dad keeps saying 'buy now', whcih I cannot understand fully but there you go - hence why i wanted an unbiased opinion and came here

I have looked around at moneysupermarket.com, looked at all the different types of mortgages etc. and I really think renting is the way forward for me until at least it appears the prices have bottomed out, which could be a few years down the line.

Anyone else with input, anything at all would be greatly appreciated!!!

01-14-2009, 04:23 AM	#6
irresseni Join Date Oct 2005 Posts 410 Senior Member	i definitely would say rent and just so you know i followed my own advice 2 years ago, my house had doubled in value over 4 years and i knew the housing bubble was going to burst sometime soon so i sold it and paid off my debts and now i rent, but seriously i would read up on this dont just take my opinion, To be honest I know a little bit on the current finanacial crisis (not tonnes mind you), but with prices coming down my Dad keeps saying 'buy now', whcih I cannot understand fully but there you go - hence why i wanted an unbiased opinion and came here I have looked around at moneysupermarket.com, looked at all the different types of mortgages etc. and I really think renting is the way forward for me until at least it appears the prices have bottomed out, which could be a few years down the line. Anyone else with input, anything at all would be greatly appreciated!!!
	Quote