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Reply to "44, I don’t own a house but kids are in private and college is paid for…"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Our primary house in DC will be paid off in 4 years. Our vacation home will be paid off in 5. I love that we'll own our properties outright and can leave them to our children. [/quote] Yeah, and I love that my kids go to elite private schools and will not have to worry about cost when picking their college. While I can see some upsides to owning a home, I really can't imagine wanting a vacation home. My life is too busy and we travel too much to ever make going to a single place worthwhile. [/quote] Again...it's still very unclear the purpose of this thread. You clearly created it because you feel "less than". If you could turn back the clock, you would be in a much better position today if you had used the money you don't have to save for college or retirement to purchase a home. As a PP pointed out, you likely would have received FA at the elite private school because they don't look at home equity...so you would be it would seem much better off if you had purchased a home.[/quote] No, he created it because he doesn’t feel less than. He actually feels pretty superior. Though he does admit he is standing on his parents’ shoulders. [/quote]
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