Considering how much my home was a gathering place for our friends and kids’ friends and that it was such a source of pride for me; I am absolutely shocked how little I miss home ownership.
Discussion
Maybe it was a time and a place? Something you appreciate and move on from?
Came, saw, conquered
I do think that is part of it. I don’t believe I would feel the same if I had never had the home of my dreams.
I’m rapidly approaching the time of life when I feel I should be paying off a house, but having never owned one I’m contemplating that I may never, even post hyperbitcoinisation.
That's interesting. Do you mainly stay in one place or do you travel a lot?
In a rental now. We move to Hawaii in June and will live in a family home.
Come on spill the beans...
Sold our home last May. Have lived in a rental home since. Now we downsized considerably, but our monthly rent is approximately the same cost as our housekeepers, landscapers, pool guy and taxes on that house.
It amazes me how my home so quickly became the largest part of my net worth. A 2X in appraised value in seven years.
On the other hand, it saddens me that I know almost no one that has two X their income in the past seven years.
I don't know how younger generations affords a house these days.
it's impossible for most and also not rly a goal anymore.
and applying for renting apartments often requires insane income rules too like "your income has to be 5x the monthly rent"
so many basically end up in pod-like studios or shared small appartements
at least in the Netherlands (in and around the ring cities)
It’s outrageous. I know as many 20-30 year old living with their parents as I know living on their own.
Most can’t afford it. It’s sad.
Agree that is was a large part of our net worth, and made a nice gain on it, but when I look at our monthly costs for maintenance, taxes, upgrades, etc over the years, I would have rather owned bitcoin.
Being mortgaged in the fiat system sits heavy on me! 😅