If I hadn’t gotten a home right before the housing market went to shit, I’d be discouraged too.
Same. My family hit the lottery when we decided to buy a house when the covid pandemic was tanking the market. Locked in a mortgage at around 2.25% and feel so privileged every day for it. The apartment we lived in at the time said they were upping the rent nearly 30% when we were due to renew, so we started looking at houses. We were incredibly lucky that we met someone entirely by chance who was planning on selling their home around the same time our apartment lease was due to renew. They never even listed their house on the market so we didn’t have to deal with getting into a bidding war. And it was within our budget. And I got a raise at work right before we signed the papers (we were already gonna be able to afford it, but just barely). The stars aligned in so many ways at such an uncertain time in our lives.
It’s one of the few things that gives me comfort in trying times. So many things could go wrong, but we’ve got a house with a fixed mortgage and a very low interest rate and a half acre of land for our kid to run around and play in. I’d say my general anxiety levels have been lower since buying a house cause it just passively comforts me to have gotten so lucky. Even though maintaining a home is a big responsibility compared to renting an apartment, it’s totally worth it, and I’ve enjoyed becoming more handy over the years as things have needed fixing.
With any luck, we’ll never move again. It’s a nice place about 15 minutes from the nearest town, which is already a rural area, so there’s little light pollution so the stargazing opportunities are nice. Hoping to eventually add some solar panels to the roof to lower the energy bill one of these days.
If we were still living in a basic apartment and paying effectively the same amount in rent that we’re currently paying in mortgage for a 3 bed 2 bath house with a garage, I’d be depressed as fuck about it every day.
Same. My family hit the lottery when we decided to buy a house when the covid pandemic was tanking the market. Locked in a mortgage at around 2.25% and feel so privileged every day for it. The apartment we lived in at the time said they were upping the rent nearly 30% when we were due to renew, so we started looking at houses. We were incredibly lucky that we met someone entirely by chance who was planning on selling their home around the same time our apartment lease was due to renew. They never even listed their house on the market so we didn’t have to deal with getting into a bidding war. And it was within our budget. And I got a raise at work right before we signed the papers (we were already gonna be able to afford it, but just barely). The stars aligned in so many ways at such an uncertain time in our lives.
It’s one of the few things that gives me comfort in trying times. So many things could go wrong, but we’ve got a house with a fixed mortgage and a very low interest rate and a half acre of land for our kid to run around and play in. I’d say my general anxiety levels have been lower since buying a house cause it just passively comforts me to have gotten so lucky. Even though maintaining a home is a big responsibility compared to renting an apartment, it’s totally worth it, and I’ve enjoyed becoming more handy over the years as things have needed fixing.
With any luck, we’ll never move again. It’s a nice place about 15 minutes from the nearest town, which is already a rural area, so there’s little light pollution so the stargazing opportunities are nice. Hoping to eventually add some solar panels to the roof to lower the energy bill one of these days.
If we were still living in a basic apartment and paying effectively the same amount in rent that we’re currently paying in mortgage for a 3 bed 2 bath house with a garage, I’d be depressed as fuck about it every day.