[quote=sdcellar]
Yes, Brian (and I) think your kids taking the house thing is a rationalization. Not sure Brian’s rationale, but mine is simple. I might not know you, but you certainly don’t know your kid(s). It remains to be seen how interested they’ll be in your house. It certainly wouldn’t be part of my “plan”. Possibility, sure, plan, not so much. For you, it seems like a major point (and, yes, I was just waiting for you to bring it up again).
On the rest, I guess we’ll have to see. You certainly seem to lust after other areas, so let’s see if you can keep that at bay for the next 15 years. My saying that would seem to be countered strongly by your comment here that you _don’t_ plan to move up, but then I guess I don’t understand why you’d move in fifteen at all then? Maybe you’re right and it’s just something that makes complete sense, but doesn’t fit in my unavoidably narrow worldview.[/quote]
I guess you thinking I’m rationalizing, since you don’t know me. It’ll continue to stay that way, so I guess in your eyes, I’m just rationalizing. BTW, I got my house for 2001 inflation adjusted price as well, so if you think I’m rationalizing, then I guess that makes two of us.
My kids might not be interested in the house but I’m pretty sure they’d be interested in the value of the house. If they tell me that they rather that I sell the house and give them the cash, then I’ll do that. The whole point is, it’s my saving for them. I don’t see why you get hung up on the word plan.
Of course I lust after other areas. Who wouldn’t. But I lust after early retirement even more. I put out the number 15 because it’s a convenient number. I can say 25 if you like. I.E. when all my kids are out of college, I will be moving into my retirement home (my dream home). But that’s getting ahead of myself. It’s along this same line of thinking:
[quote=sdcellar]we’re planning on staying in the house until our pre-school age kids finish high school. We can imagine this as the last house we’d ever buy[/quote]Are you planning to rent after your kids graduate HS?