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Well the solution is communal living in these large homes. I'm doing just such a thing with extended family and children and its quite nice. I get not everyone
by bfrog 7y ago
Well the solution is communal living in these large homes. I'm doing just such a thing with extended family and children and its quite nice.
I get not everyone loves being around their family, so its not for everyone, but it makes things far more affordable, and the house you can get by pooling money together can be quite amazing compared to what you can get by splitting the pot. There are fewer people wanting to buy these homes which means the deals you can get are quite good.
- kazen44 7y agothis is actually the classic use case of a real mansion. Almost all old mansions, especially in Europe used to be owned by the aristocracy, and they lived their with the entire (extended) family and servants. A 700m2 house is terrible to live in the place is inhabited by 2 people. 10 or 15 on the other hand, make living in such a home a completely different experience.
- taurath 7y agoThats what I and my friends do do - however, in the areas of these homes the cost can be absolutely gargantuan to buy - like completely out of range. A $3mil house is $15,200 per month just for the mortgage, round up other expenses to around $18,000. Its very hard to get 10 people together that can afford $1800/mo that wouldn't prefer their own place, and as the amount of people go up the risk of people moving in and out constantly goes higher. We live in a $600k large house and pay a lot less. We may upgrade eventually, but keeping a group of people together for that long can be difficult - even if socially there's a lot of cohesion, most often its a job opportunity that requires someone to move.