u/Lmasomb

The stats suggest 40% of households rent, if that 80% want to buy.

Do thry want to buy because they feel with the prices increasing they dont want to muss out?

If we had no house price growth in past decade , would the same % want to buy?

In my costings , with not cap gain , it is more expensive to buy than rent , especially with a 5% deposit.

So with 0 cap gain you would be worse off as you either would have less assets or had a lower cost lifestyle if you purchased.

Sure security is a thing, but so is unexpected bills like maintenance and repairs.

The stats suggest 40% of households rent, if that 80% want to buy.

Do thry want to buy because they feel with the prices increasing they dont want to muss out?

If we had no house price growth in past decade , would the same % want to buy?

In my costings , with not cap gain , it is more expensive to buy than rent , especially with a 5% deposit.

So with 0 cap gain you would be worse off as you either would have less assets or had a lower cost lifestyle if you purchased.

Sure security is a thing, but so is unexpected bills like maintenance and repairs.