It's an investment in freedom.
Once a place is paid for, it's paid for. Who wants to be making rent at 70?
Try that in a terrace and you'll be killed by your neighbours, if you survive bringing two or three houses down on your head.
Buying is for chumps. Rent. Move around. Explore. 13 years in that box would be a death sentence.
I've a mate who's of the same opinion, buying a house/apartment seems to be a ridiculous concept (especially after the rise & fall of the Irish property market) but I always ask the question when the issue comes up, are you going to be paying 1-2K rent per month when you're > 65 years old/retirement age?
Admittedly a few years ago, but when rents were higher on average than they are now, I was renting a one bed apartment in D8, 10 minutes walk from Trinity College and about the same from O'Connell St. It was considerably bigger than that dump, had french doors out onto a huge south facing terrace and was less than €500 a month.
You can still have shitty neighbours in a property you own, but you're fucking stuck with them, and your poxy small gaff and your noose like mortgage.
But you are taller than it is wide!
That was a place on your own ?
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