Reply to Why is DCUM SO conservative with housing?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s not just DCUM, it’s the people in this area! I know people whose HHIs are likely double ours but they live in old, crappy homes. We are very comfortably able to afford our home, and I’m sure they could too! Perhaps they value passing that money on, or putting it into luxury items[/quote]

We fall in this category. We plan to retire early so it’s well worth it to us to live in an older, smaller home. I know you disagree right now, but talk to me again when you’re 52 and still looking at another decade plus of working. We’ll be retired and comfortable by then. [/quote]

We also plan to retire early (mid 40s) and will move out of this area when we do. We bought a very expensive house and it’s appreciated hundreds of thousands of dollars since we bought it just a few years ago. When we retire we will move back to the Midwest to be close to family, but a house with cash and still have plenty of money left from the sale. And we got to live in a great home with great schools in the meantime. Wanting to retire early doesn’t necessarily mean you need to or should live in a crappy house.[/quote]

But don’t you think you should provide that information if responding to posts about what home a young person can afford?  I rarely see the super conservative posters providing those caveats. Retiring early isn’t some people plan or even want to do.  If I am giving financial advice on a board, I try to look at things through the lens of the poster and the question asked, not my own, very limiting circumstances. [/quote]

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