But so is a high mortgage. If he can manage the debt then hold it. Why sell if he intends to buy again and hand out all those change over costs? It's a gamble he doesn't need to make.
And that phrase is now auld hat. The days of young people buying houses is over. It's now a renting generation. But don't worry if the governments want to stay in power they'll make sure rent prices don't get out of hand. Rental assistance will become the norm and sap the state coffins dry. That's their punishment for poor planning.
