I actually did do that, the advantage of having rich grandparents. It's amazing how once you get a bit of money the system just throws advantages at you. Capitalism really is broken.

Because I was able to get together enough money to be able to buy a house and put down quite a lot in collateral, my mortgage repayments aren't very much, considerably less than I was paying monthly in rent, even when you take into account that the rent included water bills.