Comments on: Owning a home is not for everyone

By: Donald @Life Cover

Donald @Life Cover — Wed, 18 Aug 2010 06:49:58 +0000

When I hear things like this – from Mark: “I built my first home for $23,000.00″ it really makes me wonder what things will be like for my kids. As someone in my late 20s I find a lot of my friend’s either wont ever get a home or they are struggling to pay for the thing. The idea of a $23,000 would make most of us salivate.

By: Victoria Real Estate

Victoria Real Estate — Mon, 15 Mar 2010 16:42:41 +0000

It depends on the area in which you live in. Victoria BC may be a very expensive place to live, however there are homes on the outskirts like in Sooke that you can buy for very cheap. They are alsod very high quality homes.

By: GettingOutOfDebt

GettingOutOfDebt — Sat, 20 Feb 2010 06:16:08 +0000

It is better to have a budget plan before purchasing any home. I suggest to estimate the monthly repayment of the housing loan should not over 25% of total income and make sure it is still positive cash flow after deduct all expenses including housing loan. It is better to have 10% -20% savings monthly and then only allocate balances for other expenses including home loan.

By: music festivals

music festivals — Fri, 25 Sep 2009 20:48:57 +0000

hey, great blog. you put’s up a nice title .in today’s life it is very hard to buy a home.but some people like me have a home in advance.thanks for sharing the blog.

By: Mr.Choice

Mr.Choice — Thu, 21 May 2009 00:38:29 +0000

Renting apartments is safer than owning homes if you always change jobs. I certainly concur that it’s not really vital to own homes at times.

By: professional indemnity

professional indemnity — Tue, 21 Apr 2009 15:15:08 +0000

Renting is probably alot of peoples best bet at the moment. Even though my wife and I have secure jobs it will take 5+ years before i even consider buying a home.

By: corporate team building uk

corporate team building uk — Mon, 20 Apr 2009 13:07:25 +0000

In a lot of other countries home ownership isn’t considered to be the norm or what should be aimed for.

In a lot of european countries the majority of people live in rented accomodation.

By: The Financial Blogger

The Financial Blogger — Tue, 31 Mar 2009 10:25:45 +0000

I’ve recently spotted an online survey in the UK and rather alarmingly 77% of people think that mortgage borrowing should NOT be capped to loans based on 3 times salary. I agree with the 23% who think that mortgage borrowing should be capped. This is how most of the credit crunch began – people borrowing more and eventually having less or no money to pay for food and bills.

By: コンタクトレンズ

コンタクトレンズ — Sat, 14 Mar 2009 07:26:12 +0000

Well whole credit goes to the Bush government and loosing trillion in Iraq and Afghanistan war.

Fulfilling of dream is separate issue … I am afraid if I will loose my owned house.

By: Bradford Gardener

Bradford Gardener — Sat, 28 Feb 2009 07:37:03 +0000

I bought my first home in 2000 for £37,000 and got a great deal. When I came to sell it three years later the market had really changed – the couple who bought it paid 3 times that on an 80% mortgage, which is horrendous when you think about it.