Originally Posted by AnneT

The way I see it, my house is not an asset but NOT owning my house is a liability. Bit of a no-win situation.

So long as you make decent repayments on your mortgage and get it paid off quickly. And don't buy a house you can't afford. If you are earning enough to pay for a mansion, then you should be doing something better with the money.

Renting looks great on paper but sucks big time when you get evicted every few years coz the owner wants to sell. At least where I live anyway.

HighRoller - I'm off to look at your post now ;)