Double ditto. My mortgage is less than rent anyway, and my costs will go down if valuation does (lower taxes). I don’t even like where I live right now (I bought what I could afford and got in with a low interest rate, but it’s a poorer neighborhood) but I’d be so happy to see my friends who’ve been struggling manage to have something for themselves.
you do not like where you live right now and still own a house in that neighborhood?
This is actually something I’ve discussed with my wife and we came to the conclusion that we only buy/build a house if we find the right one or the right spot. For me it just wouldn’t work to own a house just for the sake of it because a house has to last and since we live in an awesome flat in the center of Bonn there is no need to rush for us, except a baby but then we just would find a bigger flat for us.
Double ditto. My mortgage is less than rent anyway, and my costs will go down if valuation does (lower taxes). I don’t even like where I live right now (I bought what I could afford and got in with a low interest rate, but it’s a poorer neighborhood) but I’d be so happy to see my friends who’ve been struggling manage to have something for themselves.
you do not like where you live right now and still own a house in that neighborhood?
This is actually something I’ve discussed with my wife and we came to the conclusion that we only buy/build a house if we find the right one or the right spot. For me it just wouldn’t work to own a house just for the sake of it because a house has to last and since we live in an awesome flat in the center of Bonn there is no need to rush for us, except a baby but then we just would find a bigger flat for us.