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RE: Early Retirement Extreme Update: On track to quit work this August, and fully retire by 2022....
Personally, I think rent is money down the drain. Keep the house!
Personally, I think rent is money down the drain. Keep the house!
I'm not so sure about that. There's a lot of upkeep and maintenance on a house. I'm wondering whether it would be better to have a more flexible asset, rather than money tied up in a property.
Well ATM I think property's at a peak (in the UK at least) so you might be better off with other investments.
Having paid £1000s every year for rent /mortgage I just look forward to having a paid off property and my biggest outgoing down to 0 - bar the roof, nothing's that expenisve surely?
Also I like the whole security/ homely thing - probably 'cos I'm a Cancerian.
Of course what you really want is a few acres of land!