[quote=jpinpb][quote=briansd1][quote=sdrealtor]That and watching 2 small kids settle into their new digs and start making memories of a lifetime. After all, that is what it is all about.[/quote]
That is so Suzanne-researched-it.
Do you need to buy a house to start making memories? Everything before is blank?
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We discussed this already. sdr had the perfect life b/c his family owned a home
My parents rented half my childhood and we moved a few times, even to Italy. I have great lifetime memories. You don’t have to own a house for a kid to have good memories. That’s laying it on a little thick. If anything, my personal opinion, living in one home most of one’s life limits exposure to many of life’s experiences. Traveling is nice, but living in cities gives you a different insight. Can’t begin to explain how it forms children and helps them be aware of different cultures, etc.[/quote]
Totally agree with this.
People also have to realize that in our “new and improved” globalized world, even if you “own” a home, chances are you’ll have to move since we don’t have stable, secure jobs anymore.
My parents owned my entire life, by we still moved every two years for the first half of my childhood. Mom was into real estate and kept wanting to “move up” and we also lived overseas (in a rental!) and rented out our “owned” house in the U.S.
OTOH, I know a family from my childhood who have been living in the same *rental* house for as long as I can remember — they still do, ~30+ years later.
Whether one rents money (mortgage) or rents a house, it doesn’t really make a difference. What matters most to kids is a stable, happy home and family; whether one rents or owns doesn’t make the family or living situation stable, especially in this economy. As a matter of fact, of the people I know who either bought or began renting since this bubble began, the most stable ones are the renters.
