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Do you buy a house to move out on your own but will instantly be f ancial strapped, or do you live with your parents until your 35 just to come and go as you choose?

2006-08-03 03:09:43 · 8 answers · asked by briannky 1 in Business & Finance Personal Finance

8 answers

If you are of age, please move out of your parent's home. If buying a house would be a financial hardship, try renting an apartment, renting a house, or buying a townhouse or condo. It will get you prepared for the responsibilities of buying a house later.

2006-08-03 03:15:15 · answer #1 · answered by JustJake 5 · 0 0

I recently bought myself a house (i am soon to be 30) and was faced with this very question. Here is what came of it: I had to get a second part-time job to end up living "comfortably", however, I find that having my own place, to come and go as I please, to decorate as I see fit, too leave socks in the kitchen if iI so choose, was all worth it. What a great sensation of independance to own my own home. I get visitors, I make them coffee, they leave, i sit around in my underwear, if I so choose....it really is a great feeling. I get to tend my lawn/garden (or not). It's a pride thing and ownership thing. If you can afford it right now, buy, being financially strapped, for most of us, is almost a way of life...we can never have enough money: human nature, I think. So, good luck and go for it....what do you have to lose?? :-D

2006-08-03 03:22:40 · answer #2 · answered by CassH 2 · 0 0

For your parents sake, take the house...Lol. Also for your own sake too. The day you buy a house you have made your first major investment. Appreciation will make that house worth more every year. Granted, you can do the same thing with other investments while you live with your parents, but a house tends to be a safer investment in a 10 year and under time frame.

2006-08-03 03:16:08 · answer #3 · answered by Thomas 4 · 0 0

I would give myself a time limit, say 2 years to stay at my parents house, and during that 2 years I would save money and look for a suitable, affordable, house. If you are capable of doing repairs you might be able to find a fixer-upper that you can get cheaper or you could buy a house and find roommates. Of course, you would still be responsible for the mortgage, but having a roommate or 2 could really cut down on the burden.

2006-08-03 03:18:01 · answer #4 · answered by Jennifer J 3 · 0 0

For economic convenience doing business organization at domicile is more effective constructive then you certainly do not bump into all the complications of doing business organization as an alien. The social existence in Thailand is amazingly relaxing, you want to ascertain on the regulations proper to possessing land as a foreigner. My information is that you'll't, notwithstanding you are able to own homes on the land. you are able to start a business organization which has a majority of Thai shareholders yet that you cope with and that could purchase land. you also may have a Thai spouse or baby who could purchase land yet you are able to signal on the land workplace to well known that you have not got any declare on it regardless of the reality that if she dies. Theoretically individuals could purchase in Thailand less than the Treaty of Amnity yet in practice I not in any respect met all of us who managed it. There are about 40 Baht to a dollar yet examine modern-day marketplace prices. Sea view resources is amazingly extreme priced compared to resources with no Sea View. Thailand is politically and economically risky and that needs to be taken under consideration from an funding aspect of view. convenience expenses a lot less in Thailand than contained in the country. I take excitement in residing in Thailand yet imagine it expenses about what people assume it to, no more effective, not a lot less.

2016-10-15 10:55:19 · answer #5 · answered by ? 4 · 0 0

I would find some way to get out of my parents' house.

When I was just out of HS, I joined the service to escape my parents' house and my small home town. If you're older than that, you can get your own place without taking such drastic measures.

2006-08-03 03:14:00 · answer #6 · answered by Nosy Parker 6 · 0 0

If you can't afford a house, buy a condo, but don't live with your parents...

2006-08-03 03:14:23 · answer #7 · answered by jim 6 · 0 0

you buy a cheaper house, your 35 and living with your rents, WTF

2006-08-03 03:13:28 · answer #8 · answered by smalltd28 4 · 0 0

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