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    So in the example case, if you were to get married and need to move out, would yo ...
fibbi 發表於 2010-9-30 23:18

Hmm... that is a good question.  I would rent if I have to look for a shelter now based on a rough calculation.  The rent to own ratio is about 200 to 250 now, if i remember correctly.  So, let say a property worth 300k, and take an average rent to own ratio would equivaltent to about 1350/mo for rent.  If i have to own that property, the carrying cost would be:
Let say I am a good guy with 25% downpayment, so I need to borrow 225k.  For an assumed interested rate of 4% forever for 35 years, i need to pay about 190k interest.  190k divided by 35 years and 12 months is 450 per month.
Property tax: 100?
Strata / maintenence: 200?
Utilities: 100?
House insurance: 100?
So conservatively, the carrying cost for owning is $950?  
Knowing that the housing has more chance to go down, and also, the $950 does not include the principle that I am paying over the 35 years.  (i.e. tie up my money for possible investments)...  It sounds more reasonable to rent.  Of course, u can always argue that house price will shoot up like cracy, or interest rate can be low forever, or the items above cost actually much less... but I guess u get my point?