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And is a buying a college apartment for our kids a bad investment?
Have laptop can work from anywhere, but what about taxes. Stock image. Photo: Getty
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Q My wife and I live in north Mayo, and have three children in their teens. We struggled to help our eldest child, who is 19, find accommodation when she started college in Galway last month. She was commuting for the first couple of weeks before she eventually found digs. I’m worried our other children will face the same problems when they go to college. Should we buy an apartment for them in Galway and then rent it out when they graduate? We’ve paid off our mortgage and maxed out our pension contributions. We keep hearing landlords are leaving the rental market so are worried that buying might be a poor investment. What do you think?
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