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To buy or not to buy? - Spreadsheet to help you decide

Discussion in 'Real Estate' started by Billv, 7th May, 2009.

  1. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    I have been working on a BUY VS RENT spreadsheet for my son and I'm posting it here.
    The example is for a property worth $300K but you can enter any value.
    You can change the values in the orange fields to suit your circumstances.

    But apart from the BUY VS RENT argument, is now the right time for someone to buy their first property?

    The following article could be of interest

    More here
    To buy or not to buy: expert advice | The Daily Telegraph
     

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    Last edited by a moderator: 7th May, 2009