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Old 21st Mar 2013, 11:18
  #10 (permalink)  
iceman50
 
Join Date: Apr 2008
Location: HK
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A reasonably balanced post until this snippet

renting is a game for those who don't care about or need cash for whatever reason.
Many rent because the opportunity to buy was never possible for reasons too many to go into here. 30% deposits were the norm for a long time before the 95% + cash-back came along. The market is now re-adjusting to the true costs of buying.
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