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How often to people these days plan to be in the same house they bought at 30, when they are 50? How many actually do?
by ska 8y ago
How often to people these days plan to be in the same house they bought at 30, when they are 50? How many actually do?
- ghaff 8y agoIt’s hard to get at those numbers. But if you’re asking among people who buy a house at 30, it may be under 50 percent but it’s not rare. The older you get and the wealthier you get the less likely you are to move. 30 is starting to get out of “starter home” range for many. People move, upgrade, or downsize for lots of reasons but the scenario you give certainly isn’t rare.
- alistairSH 8y agoFWIW, I bought my first house at 27, with a wife and child, and lived there for 13 years. Child grew up and moved out. Sold the single-family, bought a smaller TH, and assuming nothing major changes, we'll be here until we retire or beyond (I'm now 41, so ~25 years from now).