renting, not that bad, page-25

yes Molonski, I am surrounded by plenty of normal punters who thought they picked bottoms in 2007 hoping to snare that bargain in Sandringham!

even worse are the poor buggers that sunk $ into the ASX in 06/07....

the rent/buy argument has been well done here, but the rent argument fails every time unless you have the strength to save the difference in money that would have otherwise been put towards a mortgage, something that is not easy to do.