RENT OR BUY?

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For many years the British have had a love affair with owning their own property. Renting is seen as a waste of money and most people aspire to buy, even if it means being mortgaged to the hilt. But is this really a healthy for both individuals and the economy of the country as a whole? Chris Gilchrist from Independent Financial Advisors, Churchill Investments, believes its very unhealthy.

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