Quote:
Originally Posted by stacey
I think most people with "zero" equity share Carla's thoughts. I doubt things were cheaper in England... 
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How would you know whether they have "zero" equity? The article mentions they prefer to rent because they value the flexibility to move for work or changes to their children’s schooling.
I personally know people who are renting and could easily afford to buy but refuse to in this market. Renting doesn't always equate to not having equity.