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In theory, if you buy enough housing to fit a few kids then you'll have more housing than you need by the time you're looking at retirement, so you can cash out
by plorkyeran 14y ago
In theory, if you buy enough housing to fit a few kids then you'll have more housing than you need by the time you're looking at retirement, so you can cash out your 'investment'.
Of course, in reality this never seems to actually happen.
- theorique 14y agoLots of people are doing this / have done exactly this. My parents and many of their generational peers (boomers +/- 10 years) did the large house thing in the 1960s-1980s in order to raise the kids, then sold their large house and moved to a smaller house or condo as the kids moved out in the 1990s-2000s.