press enter more often . <| sep |> So you ' ll be spending your life paying everincreasing rents instead ? My mortgage is 200 less than what I was paying renting , at the outset , and should go down another 300 pm upon remortgaging . If I want to travel I can sublet the place for much higher rental income than the mortgage repayments , so will fund the travel . Then at the mortgage I ' ll be able to retire without having to worry about making any monthly repayments as a pensioner . If I didn ' t have a house at that point I ' d be totally fucked . Edit apologies if the above sounds snarky or humblebragging . I dont mean it that way . One of my biggest worries prior to owing a house was the implications of renting during old age .