Reply to Is a nice big house really worth it when an older, smaller one is totally adequate?

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[quote=Anonymous][quote=Anonymous]
OP here. Thanks, PP! I was getting quite fed-up with the remarks of [b]all the self-righteous and hypocritical people who do not acknowledge that yes, your kids will be judged by where they live. [/b]DH and I would otherwise be perfectly content with living in a condo. FYI, we also drive 8 and 9 y.o. cars that we had bought for 15k. [/quote]
PP who raised kid next to public housing here. I don't know if anyone ever judged my kid for living in our cheap little house - she went to a crunchy granola type school where people might think those things but it would have been frowned upon to say them - but I know that she sure [i]felt[/i] bad about it.

So if that's your main concern - yes, I think that it is highly likely your kids will somehow feel like they've been shortchanged in life if you don't buy the big house. Simple answer.  But I still don't feel that is a reason to buy the big house, especially if that's the [i]only[/i] reason you buy the house. You might, in fact, be shortchanging your kids if you make decisions affecting the whole family based on that. I don't think it's a good message to give kids that they can't cope with being different from their peers and therefore must be accommodated in a very expensive way.

It's hard not to give your kids everything they want. I'm sure we've spoiled our dd in other ways that we shouldn't have  - just not by buying the big house. Not buying that big house allowed us to hang on to another house we owned where her grandmother lived for many years and when we sold that house we got the funds to pay off dd's college. She is starting to realize this as she talks to friends who are accumulating massive amounts of debt at school.

Anyway, OP, it sounds like you have the money to do all these things so it's not a matter of saving money.  You should do what you want with it.  But if you are content living in a less fancy house, you don't have to give that up just because your kids may or may not fit in with their school friends. But if you want to give them that big house, then by all means go ahead, do it, and enjoy it![/quote]

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