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Reply to "Do you know people who have money but aren't buying a home?"
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[quote=Anonymous]When I was working in Biglaw in my late 20's, I was very tent renting. DH and I got married at 30 and still rented. One of my colleagues at work was in mid mid-20's and eager to buy a condo. When I asked why he was so eager to buy at such a young age, he explained that he was Jewish and that it's been a strong tradition in his community to buy. I gather that he meant that you never have to worry about a landlord trying to evict you for whatever reason. I hadn't really thought of it that way. DH and I ended up buying. I was reluctant at first, and we ended up buying a modest house that was not as nice as our beautiful apartment had been. However, I remember being surprised at how much I loved being able to paint and make changes to the interior. Also, as much as I thought I loved living in an apartment in DC with the kids, it was really a lot more comfortable in the close-in burbs in a single-family house. [/quote]
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