Gennifer
Drama Llama
Posts: 5,002
Jun 26, 2014 8:22:26 GMT
|
Post by Gennifer on Jan 7, 2019 22:35:10 GMT
My 21 year old daughter and her 22 year old boyfriend of 3 years have just bought a house. They had about USD 35k deposit so it can definitely be done. This was all their own savings. He is a carpenter/builder and she found university wasn't for her (and had a flare up of a chronic illness that she couldn't get under control) so came back home after 3 months and got a permanent government job where she earns good money. She had saved USD14k in her gap year working at a restaurant so she still had about 10k of that left and built on that. She isn't a drinker and lived at home until she moved out, same with her boyfriend. It is a little house that is in a great area in excellent condition and he will do some small renos on weekends which will only cost them materials. I'm very proud of them. Thats really awesome for your daughter, and she sounds like a hard worker! I was confused by the bolded part, though...
|
|
AllieC
Pearl Clutcher
Posts: 3,057
Jul 4, 2014 6:57:02 GMT
|
Post by AllieC on Jan 7, 2019 22:37:50 GMT
My 21 year old daughter and her 22 year old boyfriend of 3 years have just bought a house. They had about USD 35k deposit so it can definitely be done. This was all their own savings. He is a carpenter/builder and she found university wasn't for her (and had a flare up of a chronic illness that she couldn't get under control) so came back home after 3 months and got a permanent government job where she earns good money. She had saved USD14k in her gap year working at a restaurant so she still had about 10k of that left and built on that. She isn't a drinker and lived at home until she moved out, same with her boyfriend. It is a little house that is in a great area in excellent condition and he will do some small renos on weekends which will only cost them materials. [/p]
I'm very proud of them.
[/quote] Thats really awesome for your daughter, and she sounds like a hard worker! I was confused by the bolded part, though...[/quote][/p]
Did you bold that? Sorry I was confused, I thought you were saying I did that.
I put in there that she isn't a drinker because many of her friends spend $100's of dollar a week on going out and partying. An alcoholic drink at a pub or club costs $7-12 so if you have a couple of nights out a week and get an Uber or taxi home that really adds up. She hardly goes out and doesn't really drink so it has been easier for her to save money. Does that make sense?
|
|
Gennifer
Drama Llama
Posts: 5,002
Jun 26, 2014 8:22:26 GMT
|
Post by Gennifer on Jan 7, 2019 22:38:23 GMT
You didn’t bold it, I did. I’m just wondering what that has to do with anything...
|
|
|
Post by padresfan619 on Jan 7, 2019 22:39:13 GMT
We bought a house with a large open space in the main living area & kitchen with the intention of entertaining. We have lots of family local to us and we take turns hosting different holidays, I like having the space for everyone to be comfortable.
Trust me I can stand to be away from my husband and I also like to go to other people’s homes just as much as I enjoy having my friends and family over for a meal or holiday.
|
|
AnotherPea
Pearl Clutcher
Posts: 2,968
Jan 4, 2015 1:47:52 GMT
|
Post by AnotherPea on Jan 7, 2019 22:42:03 GMT
You didn’t bold it, I did. I’m just wondering what that has to do with anything... drinking and smoking are a huge waste of money. Many young adults spend too much money on those vices which keeps them from saving as much as they could.
|
|
AllieC
Pearl Clutcher
Posts: 3,057
Jul 4, 2014 6:57:02 GMT
|
Post by AllieC on Jan 7, 2019 22:42:05 GMT
You didn’t bold it, I did. I’m just wondering what that has to do with anything... It has a lot to do with it - see my response above yours (which didn't quote properly)
|
|
|
Post by colleen on Jan 7, 2019 22:45:05 GMT
I just twenty for lunch, so I guess I entertain. But the real reason we blew out the wall between the family room and kitchen was so that we could see the big screen tv while we cook.
|
|
|
Post by crazy4scraps on Jan 7, 2019 23:06:55 GMT
As an aside, when I watch those shows, I have seen young couples who say "We have $40,000 - 80,000 to spend"-- How do young married couples have THAT much to put down? Easy. You live with your parents or grandparents for free for several years after you graduate college and bank all the coin you would have had to pay for rent like my BFF’s daughter is doing. In fact, she’s been married for almost three years (has been out of school for at least five) and she moved her new DH into her grandparent’s basement after they got married! Both of them are college graduates (accounting) and must make at least $30K apiece. I’m sure they have a pretty nice chunk of change banked to put down on a house when grandpa finally kicks them out next year when he wants to downsize. The kid pinches pennies until they bleed and cry for mercy, LOL.
|
|
|
Post by busy on Jan 7, 2019 23:11:38 GMT
As an aside, when I watch those shows, I have seen young couples who say "We have $40,000 - 80,000 to spend"-- How do young married couples have THAT much to put down? $40,000 would be a 20% down payment on a $200,000 home and there are many many many places that there's no such thing as a $200,000 home. Most young couples have dual incomes. Early career wages in a lot of industries are pretty darn good these days and significant signing and/or annual bonuses are not uncommon. That all contributes to young couples being able to save (*if* they're not drowning in student loan).
|
|
|
Post by bigbundt on Jan 8, 2019 0:33:41 GMT
Part of it is that a lot of people shop for the house for people they aspire to be. Like when someone demands a jet or soaker tub because they like the IDEA of using it when they probably never will. Or a gourmet kitchen will make them want to cook. Or a beautiful garden when they hate being outside. And we've all been conditioned to take into account resale value and a house laid out for entertaining will probably appeal to more people, whether they entertain or think they will when shopping.
I'm not a big entertainer but I *do* appreciate that our house is laid out very well for it when we have family dinners and get togethers. The fact that it is better for entertaining means we actually end up entertaining more than we did in our old house.
|
|
|
Post by lisacharlotte on Jan 8, 2019 0:52:56 GMT
It's all about aspirational fantasizing. Imagining all the parties you'll host in your big open plan kitchen family room or sitting drinking your coffee at the little bistro table on the deck or balcony. In reality, most people don't do those things, buy they love to imagine they would with the right house.
|
|
|
Post by lesserknownpea on Jan 8, 2019 10:25:49 GMT
I used to be married to an extrovert who loved having people over. I had the big, open kitchen/living area. Just family was around 25 people. Dinners often had 40-50. Part of me loved it. I’d usually start the wine well before the company arrived to keep my anxiety in check.
Sometimes it got to me, though. Especially if some of my in laws started making free with my kitchen. They were well meaning, but I would start feeling like I was losing control. If it got bad, I’d go up to my room for a break.
The son I live with now loves to entertain. He has dinner parties at least once a week. He might have two in the same weekend. And he’ll make nice dinners and invite my cousin and other son over for food and cards. It’s really nice that it’s not my house, I just help DS and DIL, but can back away as much as I need.
|
|
|
Post by wordfish on Jan 8, 2019 11:14:49 GMT
I am a super introvert but we have people over more than I would have thought we would as empty nesters. Lots of it was family over for dinner, but my neighborhood is also incredibly social and for some reason I seem to enjoy that, which surprises me since I really am pretty introverted. I would say in 2018 we had people over for dinner or other stuff maybe 10 or 15 times, around once a month or so. That is a lot for me. In 2017 it was even more, and 2016 even more than 2017. We no longer drink, so that has put a bit of a dent into the number of get-togethers, and that is okay, too. 2018 was the year that an episode of a TV show was filmed in my house, though. There were A LOT OF PEOPLE in my house that day. I loved every minute of it and we would do it again in a heartbeat. I think the show is airing soon, actually.
Separate from that, I think open concept stuff is fine and dandy, but there are lots of people who don't really prefer it. I am one of them. We live in a house that is probably 120 years old or so, not far from downtown Knoxville. In order to get an open concept house here, you would have to do some serious butchering to one of these older homes, which are predominantly historic Victorians or craftsman. That is starting to happen because my neighborhood is now white-hot in terms of desirability, and it's always weird to see it in the real estate listings, where a renovator has come in and turned a classic craftsman into a standard suburban subdivision home on the inside. But people are buying them up, so that just goes to show that there's no one type of home for everyone, despite what HGTV seems to promote. In my neighborhood, when people come over it's expected that you give a tour if they have not been to your house before, because all of the interiors are different and everybody wants to look at the historic details that have been preserved/the way the house was renovated. My house won a historic preservation award for the great job the previous owner did. He took it from "raining inside the house" and the house broken up into three apartments to a beautiful, livable place. The house was condemned before he bought and saved it, actually. All the stories that go along with these houses are told and retold, since my part of the neighborhood is in the historic district and there's a whole separate sort of culture to that, it seems like.
|
|
|
Post by LisaDV on Jan 8, 2019 12:18:04 GMT
We just bought a second house, for our main house, due to a new job/move. Natural light (drink), a large kitchen (drink), and to a lesser extent open concept (drink) were definitely considerations. We live 5 or 9 hours from the bulk of the family now. We will live 1.5ish to 5ish for family when we move. A guest bedroom was also a consideration. It didn't mean that without those things it was completely off the list. We would have made an offer on a very small 3 bedroom, closed concept home if someone didn't beat us to it. We just know that family and friends want to visit, plus DH will probably need to entertain more with his job. Several vendors/colleagues are already on a "as soon as we're settled" list.
I'm an introvert, but love having people over as oppose to going to others. Probably because I can busy myself with party concerns when I need a break.
|
|
SweetieBsMom
Pearl Clutcher
Posts: 4,610
Jun 25, 2014 19:55:12 GMT
|
Post by SweetieBsMom on Jan 8, 2019 12:58:32 GMT
I agree. And, if I hear someone on House Hunter's say " Oh, it's a perfect spot to have a cup of coffee in the morning", I'll scream. I never use my patio for coffee. I have to go to work!This! Every single time. I’m lucky if I can drink a cup of tea, in the car, on the way to work!
|
|
|
Post by Leone on Jan 8, 2019 14:38:40 GMT
They are all so overly scripted these days that I can pretty much tell you what they are going to say.
|
|
christinec68
Drama Llama
Posts: 5,127
Location: New York, NY
Jun 26, 2014 18:02:19 GMT
|
Post by christinec68 on Jan 8, 2019 14:50:43 GMT
I know a few people who have people over quite a bit. Not full on parties but a couple of adults, a couple of kids - it's nice to have places to move around.
|
|