If you purchased a 400,000 place in the UK, Aus or the Us back in 97
I know KA won't pay for a place in another country and I'm fairly sure CX the same
Rent money is dead money ( in this situation ) and long term you would think paying 40-50K a month off the principal of any mortgage beats renting. Sure if/when rates go up this could reduce to 10-20K, but in the long run you should come out of it with something......underline: In the long run.