bugs: And while we’re at it, you can hold off on the self-delusion that you’re buying a home so your kid will feel more secure. I’ve never met a kid who cared one way or the other about who holds the note on the house they’re living in. They don’t want to be moving around a lot but other than that stability is defined by staying in one place more or less, and by being raised by two parents who have a reasonably happy marriage. If you want the house for yourself there’s nothing wrong with being upfront about that. you should leave your kids out of it, though – you’ll have enough to blame them for in the future as it is.
Bugs, I agree with most of what you posted on this thread except for the above. You missed the mark on this one. Women, who were born to be nurturers and caregivers, tend to view the purchase of a house somewhat differently that that of a man. Most men look at it as a business transaction, at least in part, most women look at it as a place to live in and to raise a family.
Personally, buying a home so my kids can feel more secure is EXACTLY the reason I want to buy one. I don’t care about profits, all I care about is having a home where I can raise them in a stable environment. I don’t care what anyone says, in the vast majority of situations, renting is not a good situation to be in unless you know beyond a shadow of a doubt that you will not have to move unless you are ready. Owning a home of your own that you can afford, is by far a much more stable situation for a family to be in.
Also, when fundamentals are in order, renting is throwing your money out the window. It’s only suited for Gypsies, in my opinion. Renting sucks!!
