Buying (with a mortgage) Burns Money Faster Than Renting. Prove me wrong.
Watch this on video here: https://youtube.com/live/JiPQSMi9W1o Buying a home with a mortgage means you end up paying roughly double what you borrowed, on top of your deposit. Then inflation, maintenance and service charges need to be considered. The value of your home needs to roughly quadruple over the 30 year term of the mortgage to make it a worthwhile investment. I'm not trying to put anyone off buying a home with a mortgage, it's a great thing to do. I'm trying to bust the myth th...
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