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Real Estate
Reply to "Is a nice big house really worth it when an older, smaller one is totally adequate?"
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[quote=Anonymous]I have only read a couple of pages of the responses. OP, I recommend you read The Price of Privilege by Madeline Levine. It addresses the consequences of children being raised with parental pressure, status in the community, "successful" lifestyles. The book is eye opening. If you are are pediatrician, this book will also be useful on a professional level when dealing with some parents around this area. Getting back to your original question, if your current house meets your needs, personally I would not move to a more expensive house. With a huge, fancy home, it's not just the mortgage-you have landscaping costs, there's house cleaning service which willl not be cheap, high utilities, everything you do such as painting, replacing the roof, windows, AC/heat, pressure washing the outside, will cost a lot more than the type of home you live in now.[/quote]
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