[quote=briansd1]. . . Kids don’t want care about houses. Actually, if you’re going to financially stretch, do it to take your kids on trips to the Great Wall of China, the Pyramids of Egypt, Jerusalem, Istanbul, safari in Africa, etc… Participate in exchange programs with kids from other countries. They will remember the trips, the fun experiences, and the good times forever.[/quote]
brian, I’ve always owned my residence (currently living in my 10th house here in SD) but this is SO TRUE. Kids are impervious to what their parents go thru to ensure stability for them. They don’t remember or care that you just refinanced to a lower rate, repaired the deck or resurfaced the pool. They’re much more interested in DOING THINGS, spending “quality time” with family and friends, going on outings, etc. At the end of the day, INTERESTING outings, vacations and fun times with friends and family are what they remember about their childhood, NOT their parents’ homeowning baggage.