Why buy when we're happy to rent? - Telegraph
Extract: "Luke Anderson, 32, has been renting in and around Oxford for years while he started up a chain of hairdressers called Philosophy.
“It meant I could move from place to place without the stress of selling and buying,” he says. “It is so much simpler. As prices went up I was out of the loop anyway, and I felt that houses weren’t actually worth what people were selling them for.”
He now rents a two-bedroom flat in Jericho at £1,500 per month, which he reckons would cost £375,000 to £400,000 to buy.
Would he ever buy now? “If I had a windfall I would, but I am quite happy as I am.”
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