Let's Talk Investing
Rent or take on massive mortgage debt?
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Should young people wait until they can comfortably afford to buy a home, or should they try to get into the market while rates are so low?
Segment One: The first time buyer’s conundrum – rent or take on massive mortgage debt
-what do you make of the idea that if young people don’t get into the housing market today, they’ll never be able to afford to do it?
-how sensible is it to rent until you can comfortably afford to live in a home?
-what about the old adage that if you buy big now, you’ll be able to better afford it later on – is it feasible to expect big wage growth in the years ahead?