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thread: Do you RENT or OWN your own home?

  1. #1
    Registered User

    Nov 2009
    In Paradise
    2,022

    Smile Do you RENT or OWN your own home?

    Just a quick question for everyone out there.....

    And how much do you pay a week?

  2. #2
    Registered User

    Apr 2010
    WA
    457

    New to mortgage land in WA-ouch.We might "own" a few bricks by nwo.
    $500/week. That was the low end of the market.

  3. #3

    Jan 2008
    3,107

    Own. Dp pays 280 a week which is more than he should pay

  4. #4
    Registered User
    Add CrazyLady on Facebook

    Aug 2009
    2,328

    New to mortgage land in WA-ouch.We might "own" a few bricks by nwo.
    $500/week. That was the low end of the market.
    likewise! I feel that not having a stress that the landlord might call for an inspection worth the extra though!

  5. #5
    Registered User

    Feb 2008
    Near the Snowies!
    2,975

    rent - $250/week but it is worth much more than that!

    Would love to own our own house but TBH the thought does scare me a bit, means you're kind of tied to that house, that town..don't know if we're ready to really settle where we are!

  6. #6
    Registered User

    Aug 2006
    Terrace BC, Canada
    1,004

    own - I live in a very small town in North Western Canada so this may not be relevant but our mortgage is $1000 (CAN) a month.

  7. #7
    Registered User

    Dec 2007
    Victoria
    7,260

    We rent from the bank


    We pay about $710 f/n on a $220K loan.

  8. #8
    Registered User

    Sep 2005
    In the middle of nowhere
    9,362

    Both.
    We own our home that we built, but are currently working interstate so we're just about to move into our rental.
    Mortgage is 1250 p/f
    Rent is covered by the company.

  9. #9
    Nothing like a cuddle from DD after a hard day's work!

    Oct 2007
    in my own world
    3,267

    Own. Mortgage is a about $2800 a month but this include principle

  10. #10
    2014 BellyBelly RAK Recipient.

    Oct 2007
    Outer South East Melbourne :)
    4,346

    Well we have a mortgage, so don't "own" the house as such and we pay $943 per fortnight.

  11. #11
    Registered User

    Apr 2009
    in the garden
    3,767

    Rent. We pay $340 a week for a 3brm townhouse which is waaaaay too small but I am iffy about paying $100 a week more for another bedroom

  12. #12
    Registered User

    Mar 2007
    6,900

    Rent! $330 a week for a 3 bedroom house in a nice area.

  13. #13
    Registered User

    Dec 2005
    6,706

    Renting. $280/week for a tiny three bedroom place. It suits us, but if we have more children we will need somewhere bigger.

    BW

  14. #14
    Registered User

    Apr 2009
    Epping, VIC
    2,546

    The bank owns our home, and sometimes it feels like they own us too!
    We pay $1100 a fortnight, I think the min repayment is $900 a f/n.
    Hoping the interest rates stay down!

  15. #15
    Registered User

    Apr 2008
    Melbourne
    6,745

    Mortgage - we pay about $1800 a month (actually we couldn't rent our house for that so we are pretty happy)

  16. #16
    Registered User

    Apr 2010
    1,118

    We have two houses. Pay about $160 a week but most of that is offset by rent on one of the houses.
    Soon we'll have three houses, will pay about $280pw and all of that will be offset by rent on two of the houses.

    If we wanted to rent out house #3 it would cost us over $300pw so I think getting it for basically free is a good deal ...

    Catch is we're marginal borrowers so we're still scraping up the deposit for the third

  17. #17
    Registered User

    Jul 2008
    Melbourne
    3,244

    rent, although i do kinda wish we had our own place! it's $320 p/w for a 3 bedroom.

  18. #18

    Mar 2004
    Sparta
    12,662

    Own a home. We own it outright and we get $300 week rent for it.
    We rent the house we live in for $520 so we pay $220 a week.

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