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AIBU?

To wonder which would be better

8 replies

Thebrowntrout · 14/05/2016 21:31

Buy a (small) house in a horrible area with schools littered with social problems or

Rent a home in a nicer area to access better school?

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PPie10 · 14/05/2016 21:45

Rent in the nicer area, no brainier.

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PPie10 · 14/05/2016 21:46

Brainer

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Thebrowntrout · 14/05/2016 21:49

Do you think? I thought hone ownership might be more beneficial.

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araiba · 14/05/2016 21:59

why would living in your own home in a shit area be beneficial?

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ZigZagIntoTheBlue · 14/05/2016 22:01

To get the best chance at increasing equity you're meant to buy the worst house in the best area you can afford,then when you make it nice it massively increases in worth.

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Thebrowntrout · 14/05/2016 22:02

Well, because you own it, don't you? :) Not at the mercy of landlords etc.

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Fourormore · 14/05/2016 22:05

I'd rent too. Especially if you've got children.

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araiba · 14/05/2016 22:19

as you mentioned schools i presume you have kids and the best thing you can do to help kids is give them a good education

equity in a slum wont help your kids

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