I agree with a lot that has been said with regard to renting. I still blame Thatcher for stopping the building of council houses – no surprise there then. In the long-term LA’s always recoup the initial outlay. I was talking to a German chap some time ago and he was comparing the UK’s house purchasing habits to that of his motherland. In the UK many of us tend to buy a house/flat foremost as an investment. In contrast, according to this chap, Germans tend to buy a home and stay there for most of their lives. Perhaps Lisa can confirm as to whether or not this is indeed the case.
