Keep big suburban house or get a condo in city

[Anonymous]

Would you if only issue is that its going to be difficult to host kids and their families?

[Anonymous]

It depends on why I wanted to move to the city. If I'm going to go out in the city most evenings, then yes, I'd do it. Why make me go out of my way 51 weeks out of the year so the kids have a bed the 1 week they visit.

[Anonymous]

Fair enough but kids and grandkids probably won't be able to visit if there isn't enough space at your place.

[Anonymous]

We decided to stay in our suburban house - we don't want to downsize and the kids still like coming home to our house. We like our neighbors and it costs a lot to get a condo - we figured we would be better off paying for ubers if we want to go downtown rather than the cost of moving.

[Anonymous]

I’d downsize and put the money saved on yard care, gas, and utilities into a savings account earmarked for family hotel stays or holiday travel to to ur kids’ places.

[Anonymous]

Condo in the city hands down! They can stay in a nearby hotel or something. You don't keep a huge house in the suburbs for the three times a year your kids visit you. That's not smart.

[Anonymous]

Anonymous wrote:Condo in the city hands down! They can stay in a nearby hotel or something. You don't keep a huge house in the suburbs for the three times a year your kids visit you. That's not smart.

I like the idea of getting what you want and budgeting money to host them in a hotel or airbnb.

[Anonymous]

Anonymous wrote:Condo in the city hands down! They can stay in a nearby hotel or something. You don't keep a huge house in the suburbs for the three times a year your kids visit you. That's not smart.

What city?

[Anonymous]

Anonymous wrote:Condo in the city hands down! They can stay in a nearby hotel or something. You don't keep a huge house in the suburbs for the three times a year your kids visit you. That's not smart.

Not all houses in the Suburbs are HUGE. We have a 2,300 sq. feet home. Condo will limit us to a 1,200 or less for the same price or more.

[Anonymous]

The problem with condos are the fees

[Anonymous]

Anonymous wrote:The problem with condos are the fees

Yes. Expect to pay $900-1,000 on condo fees in the City.

[Anonymous]

Do what you want! You've earned it. 98% of the year, it will be you and your husband. If hosting is the only issue, you could rent a vacation house to host for the holidays. I would definitely be more excited about a condo in the city in retirement.

[Anonymous]

Anonymous wrote:Fair enough but kids and grandkids probably won't be able to visit if there isn't enough space at your place.

Oh yes, they will.

My friend just moved to Manhattan this year. Everyone wants to visit, friends, family, people she barely knows are totally IK with the living room couch.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Fair enough but kids and grandkids probably won't be able to visit if there isn't enough space at your place.

Oh yes, they will.

My friend just moved to Manhattan this year. Everyone wants to visit, friends, family, people she barely knows are totally IK with the living room couch.

Those people are just looking for cheap loading! lol.

[Anonymous]

Anonymous wrote:We decided to stay in our suburban house - we don't want to downsize and the kids still like coming home to our house. We like our neighbors and it costs a lot to get a condo - we figured we would be better off paying for ubers if we want to go downtown rather than the cost of moving.

Dumb.

You're missing the whole point. Having to take an Uber every time you wanted to go downtown makes going downtown a hassle and something you're going to have to think about and plan every time. If you're already living downtown you can just walk out the door any and every day on a whim. It changes everything.

And, sure, your kids still "like" coming home to your house but how often do they do it, how long do they stay, and for how long will you put your own life on hold for your adult kids? On top of that, what makes you think they won't "like" having you downtown just as much and probably more because of all of the things you could all do together and all the time without an Uber?