Whether you rent at £750 or get someone else to pay half, it's still dead money

If ever there was a phrase to single out the financially illiterate it is that one.

There is no such thing as dead money, rent is a charge for the utility provided by your accomodation. Interest on a mortgage is a charge for the utility provided by the cash to buy a property. In financial terms these are identical, you pay rent to the landlord for the property or you pay "rent" to the lender for the money to buy property.

I am not saying buying is not a good idea, buying instead of renting should be a decision made on a wide variety of reasons, "because rent is dead money" is certainly not one of them.

You are Kirsty Allsop and I claim my £10.