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Money and Finances
Reply to "If you are house poor, do you regret it?"
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[quote=Anonymous]That's a tough one, OP. We bought more house than we could afford when we had high student loan/credit card debt. I spent 10 years lying awake at night trying to figure out how to manage it all. However, we could have bought a cheaper house in the same town and just didn't properly look at our budget before buying. Sounds like you have good reasons for buying this house so the quality of life arguments might be the winner here. And though I deeply regretted buying that more expensive house, we also managed to keep our heads above water and eventually sold it for a nice sum. Still, after that long stretch of worrying about finances, I would buy something really affordable myself. But I wasn't choosing between a long and short commute and that might be the best reason to take the plunge.[/quote]
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