Some advice please. I and my partner bought a house in Dublin as a trade-up in early 2008. The price was 20% down from peak but of course prices are down about another 20% since then. The house mortgage is on a good tracker rate of ECB +.7%. This is now taking about 1/4 of my and my partner's combined after-tax income. So a 1% or 2% ECB rate rise (which I assume is likely for the next 2 years) would be fairly manageable - but if there was a roughly 3% or more rise without any increase in our salary, things would become uncomfortable. The house, which we like, is currently worth about Eur50K more than the mortgage. We are inclined to stay put. However, should we consider selling, pocketing the money and renting for a couple of years and then re-entering the market? Taking account of likely interest rate changes, etc.