[quote=Jazzman]BG said “In a nutshell, today’s family-raising buyer’s “expectations” are w-a-a-a-y too high for life’s little realities, IMO. Those soaring “expectations” have kept more than a few prospective buyers perpetual renters.”
You make it sound like renting is a bad thing? Not everyone is fated to be a home owner. If memory serves, only 50% of LA residents are home owners. If you are disappointed because your expectations are not being met, might it be that “life’s little realities” are at fault, not your high expectations? I like to think of my expectations as being rooted in higher standards, which is not always synonymous with higher prices.[/quote]
Completely agree that not everyone is “fated” to be a homeowner, Jazzman.
However, I was dicussing a handful of Piggs who posted here for months or years that they wished to buy a local home for their families but didn’t end up doing so, even during the 3+ years while the barn door was left open for them. So many of us Piggs tried to coach these posters and assist them though multiple threads and yet they never managed to be able to seal a deal. Or if they did, they never posted here that they finally bought.
Perhaps these supposedly-qualified-to-buy posters really didn’t want to be homeowners but initially thought they did. Who knows? I just think that if parents residing in CA coastal counties have a stable local job(s) and minor children in school or headed in that direction that they would make a much more stable life for their children by buying a home for them to grow up in. But that’s just me.
As for “my own (homeownership) expectations,” I never hesitated to purchase a home when I needed one and so they have always been been met. I’ll be right behind you in seeking to purchase a place to “retire” in, Jazzman. And in that search, I will be entirely realistic 🙂
