Answer by Graham Laight for Is there a price point beyond which it no longer...
Answering the question posed by the thread title directly, I'm saying "no".The key words from the question are "point" and "sense".The word "sense" is a fuzzy term. There are prices at which you should...
View ArticleAnswer by Tom for Is there a price point beyond which it no longer makes...
tl;dr: Rent money is gone, mortgage payments are an investmentI bought an appartment (in Germany) when I was fairly young and had landed a good job, and it was one of the best decisions I've ever...
View ArticleClik here to view.
Answer by JonathanReez for Is there a price point beyond which it no longer...
Instead of thinking about hypotheticals, lets run a basic scenario. My assumptions:Your rent is 600 EUR and will increase by 3% per yearReal estate sale prices will increase by 3% per year on...
View ArticleAnswer by Ryan for Is there a price point beyond which it no longer makes...
Here's the issue that no one ever talks about. A piece of real estate always generates a rent. In an owner occupied home, you don't notice this because you pay and receive the rent. Essentially, you...
View ArticleAnswer by Ay Mon for Is there a price point beyond which it no longer makes...
Is it now a better alternative to keep renting and wait for the real estate market to cool off?According to the given data - renting is preferred (financially).However, if one is feeling compelled to...
View ArticleAnswer by Max for Is there a price point beyond which it no longer makes...
The calculation you are trying to make is laid out in some detail in the German context, that is mostly applicable to your situation, in the various books by Gerd Kommer (Kaufen oder Mieten etc.). I...
View ArticleAnswer by James_pic for Is there a price point beyond which it no longer...
If you're trying to answer the fairly specific question of "is renting or buying cheaper in my area", there are two key numbers, that are loosely comparable, and can both vary significantly with time...
View ArticleAnswer by Dean MacGregor for Is there a price point beyond which it no longer...
A couple considerations that, at present, haven't been addressed. What are the laws surrounding what your landlord can do? I know some jurisdictions tie the hands of landlords so that they can't...
View ArticleAnswer by dyesdyes for Is there a price point beyond which it no longer makes...
Seems like you are in an area where renting is cheaper than buying. That's great for you (see others answers for more details).Another alternative to consider is to continue renting your flat and...
View ArticleAnswer by m e for Is there a price point beyond which it no longer makes...
Answering the question:How does a median income like that still allow homes to become this ridiculously >expensive?A couple earning your stated median income each, 4.400€, with 60.000€ in savings...
View ArticleAnswer by Orange Coast- reinstate Monica for Is there a price point beyond...
Governments are choosing to support even median income families, recently, in both renting and homeowning. You might look for these subsidies.The city of Vienna lists housing subsidies here. For a US...
View ArticleAnswer by Michael for Is there a price point beyond which it no longer makes...
Not really. If renting or buying were clearly preferable, then that's what everybody would do (roughly). Instead they are just different, and different people at different points in their life might...
View ArticleAnswer by Nobody for Is there a price point beyond which it no longer makes...
There are two ways to view this question. The simplest is the rough and ready approximation that you should be willing to buy a house for about 20 times the annual rent for a comparable house. With...
View ArticleIs there a price point beyond which it no longer makes sense to buy an...
I am in a very frustrating situation right now. I have accumulated a decent amount of value in cash and stocks. My wife and I however are still living in a rented small flat in our town in Austria...
View Article
