Reply to Genz and millennials don't want your small starter homes want forever homes now

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are millennials and bought a forever home [/quote]

I'm a Millennial married to an Xer and we knew a decade ago not to buy a starter home. Why in this market would I want to pay realtor fees on upgrading when I could save that money for my kids' college tuitions? Why would I take on another mortgage when I paid off the one I have?[/quote]

We stayed in our starter house and saved.  Easier solution. [/quote]

I mean our "forever home" is a 4 br, 3 ba, 1600 sq foot home we shove our five person family into. It fits us, but it's tight.[/quote]

starter homes dont have four bedrooms and three baths. My house I grew up a family of six was a starter home had three bedrooms and one bath. 1,200 sf on a 40x100 plot.

Your house in that neighborhood would be called an Executive home My neighbors next block who were rich lawyers and doctors had the 1,600 sf models.

It goes to show how much home sizes have increased over last 50-80 years   [/quote]

Agreed. Also from a family of 6. Our house was technically a 2 bedroom, 1 bathroom, 1200 square foot house, but it had a walk out basement my parents finished over the course of about 10 years and got two multi-use rooms (that got used as bedrooms even though they were odd for bedrooms -- one was the only way to access the backyard from that floor and the other had the laundry in it) and a half bath out of.

I now live in a 2 bedroom, 2 bath, 1200 sq foot condo with one kid (so family half the size of the one I grew up in and one-quarter the number of kids) and people will often ask us if we are anxious to move to something bigger. It's baffling. I do wish we had a yard, but my kid has her own bedroom AND bathroom. I only got my own bedroom when I got to high school and my older sister left for college. I experienced my first "en suite" bathroom at the age of 31.

It's just funny that what I consider a luxury home that is WAY nicer than the middle class house I grew up in with way more room per person and much nicer features, is considered some kind of compromise by most people I encounter. So weird.[/quote]

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