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Why don't you sell and rent?

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Mar 26th, 2007 at 07:40:18 AM EST
Because we neither need to nor does it make much sense for us to do so.

We'd have more or less the same monthly outgoings anyway, with all the difficulties and insecurities of renting in the market here, and in the long term I don't expect the drop in property prices to be sustained. I'm guessing an outer limit of 10% or so followed by a spike once the stamp duty issue is sorted out and then slower growth thereafter that'll mean we'll be ahead within a year or two.

by Colman (colman at eurotrib.com) on Mon Mar 26th, 2007 at 07:49:07 AM EST
[ Parent ]
IIRC, the tenant is much less protected in Ireland than in France.

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet
by Melanchthon on Mon Mar 26th, 2007 at 08:39:32 AM EST
[ Parent ]
Absolutely.
by Colman (colman at eurotrib.com) on Mon Mar 26th, 2007 at 09:15:55 AM EST
[ Parent ]

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