I live in the south of France where the cost of renting a sufficiently large house is slightly less than the mortgage payment I would pay to buy it. From my point of view, the rent is money I throw out the window. The real problem is finding a lending institution that will finance you. Once the financing is obtained, (the debt capital), it will depreciate over time due to inflation (which is normally in the order of 2% in Europe and France), assuming that my salary retains the same purchasing power or even grows in the meantime (and considering that I am at the beginning of my working career, this is very likely... I hope). The house should keep the same value, but this depends a lot on its maintenance and the demographic pressure in the area where I live.
If I buy a house with the right characteristics I will have no difficulty reselling it when I want to.
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