Buy or rent their primary residence?

Take the example of an apartment of 100m2, in Paris, housing family with 2 children:

- Location: for rent in Paris, you have to pay an average rent excluding charges of 21 e/m2 (21.2 e/m2 according to the OLAP and 21.5 m2 according Clamor e) or 2100 e rent Monthly charges for off 100 m2.

- Purchase: To purchase 100 m2 in Paris at an average price e/m2 6060 (price as at 30 June 2009, according to the Chamber of Notaries of Paris), and therefore finance 606 000 e (ignoring the costs of purchasing, that are considered self-financed by accessing), this implies, without capital, a monthly e of 3854 (20 year loan at a fixed rate of 4 + 0%, 36% of insurance, by simmensualité e in 2100, you can borrow 330 000 e (20 years at the same rate), and therefore buy 54 m2, ulateur of meilleurtaux.com).

in fact, and not with a 100 m2.

To buy 100 m2 at a price of 606 000 e, this will require a personal contribution of 276 000 e, if you want to keep a monthly payment of 2100 e. Of course, the calculation will be different for an apartment outside Paris, but it still will require a personal contribution (except, perhaps, in the Creuse ...).

And in the provinces, the purchase price down, certainly, but also rents ...

The price itself, there are the condo fees, which amounted on average to Paris in 2007 to 24.6 e/m2/an, the survey of CNAB. But some of these charges is not recoverable from the tenant, which makes it even more attractive in financial terms, the choice of location (and even adds the choice of home ownership ).

Another factor works against the accession is that related to the amortization of the loan.
The crisis that we know today has several consequences. the hopes of gain in the short term become much thinner or no gold, these are the hopes of gain that allowed buyers to buy, and sell within 5 or 6 years without much damage, for everyone knows that in a loan amortization schedule during the first year, no refund almost no capital, but only interests.