Reply to Uncertainty means no big purchases

Forum Index » Money and Finances

Reply to "Uncertainty means no big purchases"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Definitely being more cautious. Was going to do an addition to the house but no way as tariffs will cause building supplies to go up in price.  Not going to renovate the bathrooms for the same reason.  Just going to keep saving that money.[/quote]

We are doing a kitchen reno as well as upgrades and needed maintenance from May-July. Our budget is $200K. We have been in the house for five years and plan to sell in five years, and the upgrades and reno have been planned for a while. Our house is worth about $2M and is in an NYC suburb. It’s on the smaller side and these upgrades will make it a lot better for our family of five. We bought the appliances at the end of 2024 and locked in our cabinets and costs.

The upside of having a small house is that increases in the prices of materials do not hit as hard. We’re both in the private sector with limited exposure to political dysfunction professionally at this point in time. That said, if the economy tanks and we need to stay in our home longer than planned we will at least like our home more. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics