7 ms·

For people with “stable” life with kids and all that adult stuff - do you feel having a house give you that guarantee of safety net? I have thought along the li

For people with “stable” life with kids and all that adult stuff - do you feel having a house give you that guarantee of safety net? I have thought along the lines of the author and many time felt the urge of exactly doing that especially since I am priced out of the real estate in the areas I live or want to live anyway. Rent forever basically and live as a world citizen. But then I think how terrible life must be to have to move when you are 59 and still looking for a place to rent or even worse have to force your kids abandon their friends so frequently in their childhood days.

deleted 5y ago
[deleted]
downrightmike 5y ago
buy rural land, build your own house.
- nopenopenopeno 5y ago
  With what income? People need jobs.
  - tamaharbor 5y ago
    I thought everyone could work anywhere these days.
  - downrightmike 5y ago
    etsy? Hoof trimmer? 'The oldest profession'?
nopenopenopeno 5y ago
People keep wondering why American millennials aren’t having children but it’s very obvious if you are a millennial yourself. My girlfriend and I can’t even think of having children because we can’t be confident about being able to give them a decent life, and it will be that way for as long as our landlord is in charge.
- 9wzYQbTYsAIc 5y ago
  The last time I checked, it cost nearly $20k per year to raise a child in America?
  - toomuchtodo 5y ago
    ~$270k per child from birth to 18 per USDA, inflation adjusted to 2022 dollars.
  - nopenopenopeno 5y ago
    I make about $35K/year so not an option.
    - 9wzYQbTYsAIc 5y ago
      That is such a tragedy, especially as American birth rates are in such a decline.
- carlivar 5y ago
  Buying a house will just replace the landlord with a bank and the government (property tax).
  - antifa 5y ago
    The mortgage ends in 30 years, rent will continue rising until you die.
    - carlivar 5y ago
      So will property tax
      - antifa 5y ago
        It's basically nothing compared to rent, which will be adjusted for every property tax hike, but also always goes up regardless of property tax.
sul_tasto 5y ago
I always thought the main benefit of a house was a little buffer space from my neighbors. Houses are also a lot of work to maintain. We didn’t start in a house I liked. Our first two houses were fixer uppers. I learned to do a lot myself. After 15 years, our third house is finally somewhere I enjoy living. The main thing to pay for when buying a house is location. If it in a good location, even if it isn’t perfect, it will still sell. I guess I also don’t think of life with kids as stable. As much as I love them, their schedules are always changing. I find it rather hectic.
fatnoah 5y ago
I've rented and owned while raising a child. In terms of my lifestyle, I vastly preferred renting. My weekends were totally free to go on adventures with my child. Now that I own a house, at least one of those weekend days is devoted to keeping up with maintenance and cleaning. There are many other things I like about owning a home, but in terms of quality of my life, I preferred renting. Financially, owning a home feels better in the long run, even when maintenance and other costs are included. It really all depends on what you value. Finances, freedom to make your space your own, not having to worry about maintenance, etc.

deleted 5y ago

[deleted]

downrightmike 5y ago

buy rural land, build your own house.

nopenopenopeno 5y ago
With what income? People need jobs.
- tamaharbor 5y ago
  I thought everyone could work anywhere these days.
- downrightmike 5y ago
  etsy? Hoof trimmer? 'The oldest profession'?

nopenopenopeno 5y ago

People keep wondering why American millennials aren’t having children but it’s very obvious if you are a millennial yourself. My girlfriend and I can’t even think of having children because we can’t be confident about being able to give them a decent life, and it will be that way for as long as our landlord is in charge.

9wzYQbTYsAIc 5y ago
The last time I checked, it cost nearly $20k per year to raise a child in America?
- toomuchtodo 5y ago
  ~$270k per child from birth to 18 per USDA, inflation adjusted to 2022 dollars.
- nopenopenopeno 5y ago
  I make about $35K/year so not an option.
  - 9wzYQbTYsAIc 5y ago
    That is such a tragedy, especially as American birth rates are in such a decline.
carlivar 5y ago
Buying a house will just replace the landlord with a bank and the government (property tax).
- antifa 5y ago
  The mortgage ends in 30 years, rent will continue rising until you die.
  - carlivar 5y ago
    So will property tax
    - antifa 5y ago
      It's basically nothing compared to rent, which will be adjusted for every property tax hike, but also always goes up regardless of property tax.

sul_tasto 5y ago

I always thought the main benefit of a house was a little buffer space from my neighbors. Houses are also a lot of work to maintain. We didn’t start in a house I liked. Our first two houses were fixer uppers. I learned to do a lot myself. After 15 years, our third house is finally somewhere I enjoy living. The main thing to pay for when buying a house is location. If it in a good location, even if it isn’t perfect, it will still sell. I guess I also don’t think of life with kids as stable. As much as I love them, their schedules are always changing. I find it rather hectic.

fatnoah 5y ago

I've rented and owned while raising a child. In terms of my lifestyle, I vastly preferred renting. My weekends were totally free to go on adventures with my child. Now that I own a house, at least one of those weekend days is devoted to keeping up with maintenance and cleaning. There are many other things I like about owning a home, but in terms of quality of my life, I preferred renting. Financially, owning a home feels better in the long run, even when maintenance and other costs are included. It really all depends on what you value. Finances, freedom to make your space your own, not having to worry about maintenance, etc.