Reply to What do you think of people who don't own a house/condo/townhouse etc?

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Reply to "What do you think of people who don't own a house/condo/townhouse etc?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would probably think you don't want to settle down. We are mid 30's with 2 kids and 1 on the way. We have 2 homes and 3 cars and funding retirement and college funds.[/quote]

Isn't that nice.[/quote]

I was just implying that when you are married with kids, you tend to be more focused on security. You have different needs and goals. Men tend to work harder when they have families to support.

My single friends are not thinking about paying for college for 3 kids. They don't need a big house with enough bedrooms to allow family to come visit their grandchildren. [/quote]

dude, that's not "security" - that's just being wealthy. which is great for you! congratulations!![/quote]

Not the PP -- but I do think it's emotionally symbolic of security to a lot of people. I have a dear friend who divorced and moved out of a house into an apartment with her kid. When she was able to buy a townhouse a few years later, she really felt like she was back on her feet again. It's been a huge boost for her.  For her, it was primarily emotional, not financial.

If owning doesn't have that emotional weight for you, then kudos! You can make financially sensisble decisions without being hampered by an irrational need to own.

Signed,
Someone with an irrational need to own[/quote]

pp you are responding to - i am not saying that owning a place to live isn't a symbol of security. i'm saying owning two houses and three cars isn't just security; that's wealth. [/quote]

+1[/quote]

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