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Real Estate
Reply to "Genz and millennials don't want your small starter homes want forever homes now"
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[quote=Anonymous]We are Gen-X immigrants. We lived in rented apartments before we bought our medium sized (3000 sq ft + 1500 basement, 5br, 3.5 bath, 2 car garage) new SFH at the bottom of the housing market. First time home owners. We wanted to afford it on one salary without breaking the bank. We have seen people buy in and buy out of our neighborhood. Our neighbors all upgraded to even bigger homes in more expensive neighborhoods when they could sell their SFH in our neighborhood for top dollars, but we remained in the same house. Then, people started moving in our neighborhood from more expensive neighborhoods (Bethesda), when their kids had graduated from the W schools. We remained in our same home. Next, people have started moving to smaller homes in more rural areas and selling their home in our neighborhood. We have decided to age in place and we are making changes to our home to accomodate us - lifts and elevators etc. This constant changing homes is very much an American phenomenon and it is exhausting. We moved into our forever home and we are pretty ok. This house is big enough for our adult children to also live with us, if they are ever in our neck of the woods. [/quote]
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