I've Read UNSCRIPTED
- Feb 8, 2019
Depends on the market price 5-8 years later which we would not know.The Answer is yes except the last question. My focus & curious is on Equity.
Is it a good deal to have equity if I stay 5 to 8 years - something like that?
One factor is look at the current rental yield of the house. If the yield is good, for example 5 percent per annum, even if the market price in the future is not as good you still can continue to pay for the mortgage and rent the property out, when you are no longer living in the house.
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