Comment by lhopki01

All a great and good till you do the math. In the UK you can own a house 2 hours away from work or you can rent a house 3 hours away from work. Rental prices in the UK are well above the rate needed to service a mortgage so if you can get a mortgage it's much cheaper. To give you an idea the 3 bedroom flat I live in has a mortgage repayment of around 800pounds a month but a rental income of 1700pounds a month.