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Ok let’s suppose you have a 2 bed (1 db, 1 single) house in north Dublin City Centre. At full whack you’d probably get €2.5k a month for it (so wrong, I know).
You don’t need to live in it. You will need the equity to buy a house in 2 years.
So, would you: a) sell the house now - a bird in the hand and all that; or b) rent it and sell it in 2 years - prices may have come down
Or indeed any other options.
TIA
I'll start by saying I have no experience in the field so this is all my opinion.
I personally think Option B is a terrible option. House prices are as high as they really can go. And sooner then later the whole thing is going to snap whether the landlords and govt like it or not. It is quite possible that will be within 2 years and would mean you end up with less even including the rent.
Meanwhile rent while as you say is wrong also won't snap as much. Or at least not as noticeable since its not one huge payment dropping.
So if you are stuck I would say Option A as I think you're at the peak of market value. But otherwise if you can afford it go with Option C. Which would be you plan to rent it for life and make it a continous income source. And that way if things do change or you need immediate income for something sell it anytime knowing you still profit but just not by as much as you could have but at least you got enough you needed at the time.
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