dev_chieftain (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
dev_chieftain) wrote2012-04-27 06:57 am
dev_chieftain) wrote2012-04-27 06:57 am
Entry tags:
after a conversation
Last night I was catching up with Jenn, and she confessed her mother had been pressuring her to buy a house. The funny thing is, for a few years my parents have been doing the same, off and on.
Here's the parent logic: the housing market's in bad shape! You might be able to get a house for much less than usual, ergo, you should buy one now while you can get a good deal!
Here's the reality that is often so difficult for us to convey to our parents: Just because an item is on sale does not necessitate its purchase. If I do not have the money saved to buy a house, I had no prior plans to buy a house anytime soon, and the house I would actually be happy to have bought is way out of my price range, then it is not a wise idea to try to buy a house right now.
If you weren't already going to buy something, a sale is utterly meaningless! You can't count yourself as saving money when, by definition, you're spending money you wouldn't normally have spent in the first place.
Anyway, parental pressures aside, I know I'm not getting a house anytime soon, and I hope Jenn will wait until she can afford one she actually wants.
Ah, debt juggling. It is not fun! I guess it's sort of necessary, though.
Here's the parent logic: the housing market's in bad shape! You might be able to get a house for much less than usual, ergo, you should buy one now while you can get a good deal!
Here's the reality that is often so difficult for us to convey to our parents: Just because an item is on sale does not necessitate its purchase. If I do not have the money saved to buy a house, I had no prior plans to buy a house anytime soon, and the house I would actually be happy to have bought is way out of my price range, then it is not a wise idea to try to buy a house right now.
If you weren't already going to buy something, a sale is utterly meaningless! You can't count yourself as saving money when, by definition, you're spending money you wouldn't normally have spent in the first place.
Anyway, parental pressures aside, I know I'm not getting a house anytime soon, and I hope Jenn will wait until she can afford one she actually wants.
Ah, debt juggling. It is not fun! I guess it's sort of necessary, though.