*Buying A House Now vs After Brexit (For My British Brehs, All Other Nationality Brehs Are Welcome)

[Jimmy Two-Times™]

I'm learning as much as I can before 2020 when I finally decide to leave my parent's home. So, I'm thinking of buying more so than renting but I can be swayed if you have a compelling argument for either, really.

12 months from now, we're due to have left the EU [Brexit] due to the fukking retarded referendum to leave the EU (God, I hate racist white people with a passion -- they ruined our nation by pure ignorance and trolling just like what happened in the US with Trump) .

Would you bet your house on the economy continuing to thrive, post-Brexit, and there being people, either in the UK or from abroad, landlords or homeowners, who'll be able to afford to buy your house/flat off you for anything like you paid? Also, that interest rates won't increase and crash the value of your house/flat?

So;

1. Should I hold off until next year post-March 2019 to get a mortgage for a house praying for the economy to crash?
2. Should I get a mortgage now whilst the economy is thriving (it's doing better in 2018 so far and 2017 than in 2016 which is positive)?
3. Or, should I stay at home rent free with my parents for the next 5-6 years and just help out with their costs as they have paid off their own mortgage?
4. Kill myself now and leave my PS4 to my next of kin in my will? (bad joke, I know! )

Thoughtz??

 

[Uitomy]

I’m going to do number 3 myself until I get off my mom’s health insurance. Gonna try to make money up there in DC and come back down to Florida. If you’re gonna get a house I’d figure you need to have a good chunk of change for that down payment. I think it’s more expensive there on average than here too, so you’ll probably need to save as much as you can, idk what your job is tho lol.

 

[Jimmy Two-Times™]

I’m going to do number 3 myself until I get off my mom’s health insurance. Gonna try to make money up there in DC and come back down to Florida. If you’re gonna get a house I’d figure you need to have a good chunk of change for that down payment. I think it’s more expensive there on average than here too, so you’ll probably need to save as much as you can, idk what your job is tho lol.

Yeah, I'm most likely going to stay home longer too. The NHS is free here so no worries about that. All private care is here (what you are paying for in US health insurance) is nothing more than nicer building, unless you are a magician here in the UK it doesn't make a lick of a difference in the care you are given as medicine is medicine.


I see my friends renting and stunting at the same time earning less than £30k (which is just over average). I don't get it wasting what little money you have now because you can still do the same things on a budget they just wanna show off.

I'm a graduate web developer but I'm looking to do some freelancing on the side, I do door security weekends, I'm learning to avoid tax legally and trying to learn both the London Stock Exchange and AIM markets to make investments. I've been looking at having my own start-up company once I've fully learned my trade down the line which is a goal of mine to try within the next 8-10 years so I'm doing my research on a good business plan which is why learning how the market works now will give me an extra feather in my hat.

I wanna retire early and help my family get out of poverty to enjoy life more, I don't wanna work til I'm 50-60 or see my siblings do the same. I wanna instil a good work ethic in the next generation of kids in my family man, fukk LOL.

 

[Uitomy]

Yeah, I'm most likely going to stay home longer too. The NHS is free here so no worries about that. All private care is here (what you are paying for in US health insurance) is nothing more than nicer building, unless you are a magician here in the UK it doesn't make a lick of a difference in the care you are given as medicine is medicine.


I see my friends renting and stunting at the same time earning less than £30k (which is just over average). I don't get it wasting what little money you have now because you can still do the same things on a budget they just wanna show off.

I'm a graduate web developer but I'm looking to do some freelancing on the side, I do door security weekends, I'm learning to avoid tax legally and trying to learn both the London Stock Exchange and AIM markets to make investments. I've been looking at having my own start-up company once I've fully learned my trade down the line which is a goal of mine to try within the next 8-10 years so I'm doing my research on a good business plan which is why learning how the market works now will give me an extra feather in my hat.

I wanna retire early and help my family get out of poverty to enjoy life more, I don't wanna work til I'm 50-60 or see my siblings do the same. I wanna instil a good work ethic in the next generation of kids in my family man, fukk LOL.

Yeah that’s just how western society is. The economy of a lot of first world countries depend on your friends to constantly spend and spend cause if they save then they would be literally choking out many markets.

I’m a photographer and I have aims like yours, I think I’m actually talented and will try getting into commercial (like doing ads or photoshooting those people you see on the signs in some stores) and am learning about business as I start my own, but I’m in deep with crypto and I think it’ll pay off

Plus idk why people look at thousand dollar/pound amounts like that. To me anything worth thousands of something takes time to get, and requires a shyt ton of thought to break down that number. I live in Florida so rent is pretty cheap, even then, why pay thousands of dollars that equates to 70% of my student loan when I can move in, bunker down, work the loan off for a year, stack for a few, invest in things that’ll make passive income, so once I’m done renting and do find the house I want, I can cut down on the mortgage payments with the reacurring revenue from ventures (ideally)


It’s about pacing, you’ll be grown the rest of your life but only young once, don’t rush anything (looks like you are with your business plan anyway)