Owning a house.

[stewartkev]

No taxes in UK that homeowners pay and renters don't. My maintenance costs will be very low, given all major work on the house has just been completed by me or previous owner in last 3 months. Cost me £8000, house has been reappraised at £150k so it paid for itself.

Going by the previous pessimistic outlook of 0.7% real term growth in house prices (UK since 1973 this is actually 4%), in 25 years my house will be worth £155k (I'll ignore my recent valuation). If you get a real term growth of 7% on your investment (historical stock market average), to get to £155k in 25 years it would require £200 a month. Lets just say my maintenence costs are less than that!