I rent a nice little 3 bedroom terraced-house, a corner lot, so it has a nice big yard. It’s not much, but hey, I figure it’s temporary.

The rent, however, is nearly as much as if I would have paid for a mortgage on a small house that I could eventually own, but once I walk away from this rent, I have nothing to show for it.

The two things standing between me and buying a house again is the deposit, which already requires a fair bit of money, and finding cheap mortgages, because as you know, mortgages are a life-long and financial-life altering decision.

I say again, because I’ve owned a house before, shortly after I came back from the UK. The deposit came from some savings I had left over from when I worked there.

But cost of living has increased since then, so if I actually wanted to own a house again, I will look into buy to let mortgages, which is a good way of acquiring an asset that virtually pays for itself, or learning from a practice that is big money in the UK, using your mortgaged property as a secondary revenue stream.