Quote:
Originally Posted by halfpint
Yep you are correct. We were in a lot of debt and we lost our house in the end, but we now rent and dont have anything on credit and although we still struggle at times, we dont have debt anymore which is a massive weight of our shoulders
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We rent too and it doesn't bother me. For one thing we have a seriously good rent for London and as bad as it feels to say it my partner is the only child of parents that properly own their home. So, I don't feel like renting is wasting my money like so many people tell me. Look at the reports in the British news over the past few days that say that the middle class is having a hard time at the moment. I bet most of that is stretching to get finance on homes they can't afford in reality. It is like fantasy credit that allows you to 'own' things that are out of your means is the way that most of the middle class keep up with the other middle class Joneses. I just would rather live in a crapier house and not worry about the debt.