Homeownership
I went to look at a house with my mom this morning. I've been thinking about setting back out on my own and deliberately burning cash on rent, but the voice of my mother's hardened practicality is pushing me to invest in real estate with the entire $600 I have in my savings account.
During the tour of the house, I tried very hard to imagine what it would be like to live there. No matter how hard I tried, I couldn't see it. For the 9 years that I lived on my own, I always lived in small spaces. Even when I resided in a large apartment, I spent 98% of my time in my cramped little bedroom. I don't demand much from living spaces, so the thought of an entire house (without the thought of wife and kids in sight) is, at best, disconcerting. After the tour, my mom asked me what I thought of the place. I had no response because I couldn't completely fathom the idea.
I know that investing in real estate is the "right thing to do", but I find it difficult to imagine myself living like this for a while to come. I'm young, and I still want to live out my youth with a bit of freedom. The idea of purchasing a house in suburbia comes with the idea of "settling down". I don't think I'm ready to settle down yet.
Some older friends have been telling me recently how they are regretting not saving enough money in their twenties. They are now finding it difficult to scrounge together the funds necessary to acquire long term living spaces. Hearing things like this from friends does help me to maintain a better perspective on the situation as I continue to flounder back and forth.
Ahh... the folly of my youth.
During the tour of the house, I tried very hard to imagine what it would be like to live there. No matter how hard I tried, I couldn't see it. For the 9 years that I lived on my own, I always lived in small spaces. Even when I resided in a large apartment, I spent 98% of my time in my cramped little bedroom. I don't demand much from living spaces, so the thought of an entire house (without the thought of wife and kids in sight) is, at best, disconcerting. After the tour, my mom asked me what I thought of the place. I had no response because I couldn't completely fathom the idea.
I know that investing in real estate is the "right thing to do", but I find it difficult to imagine myself living like this for a while to come. I'm young, and I still want to live out my youth with a bit of freedom. The idea of purchasing a house in suburbia comes with the idea of "settling down". I don't think I'm ready to settle down yet.
Some older friends have been telling me recently how they are regretting not saving enough money in their twenties. They are now finding it difficult to scrounge together the funds necessary to acquire long term living spaces. Hearing things like this from friends does help me to maintain a better perspective on the situation as I continue to flounder back and forth.
Ahh... the folly of my youth.
posted by Daniel at 10:45 AM
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