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Money and Finances
Reply to "Give me your best monetary advice "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't buy a house that won't meet your needs for the next 10 years. If the house won't meet your needs or you don't know what your needs will be - don't buy.[/quote] Does anyone know what their housing needs will be for the next 10 years? Maybe the baby never comes, maybe quintuplets come, maybe you get a chance to open a office for your company in Paris, maybe MIL needs to move in with you, maybe DH walks out or any other gazillion things that could be different from what you expect you needs will be. [/quote] Of course. I think the PP was saying that you shouldn't buy something that cannot realistically meet your needs for the next decade. You have no idea whether or not you'll be in a position to sell it so it better make sense in the long run. Besides, why buy a house when you don't plan to be in it for 10 years? The transaction costs rarely make any sense.[/quote]
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