> Optimizing your lifelong estate purchase for a style of life that won't always be there seems crazy to me. Why?! Because you get to buy a cheaper estate -- is that the main reason? But you will not always work 9-5. You actually get to retire one day. Also there are the occasional long vacations when everybody is at home. Etc.
Simple answer: You aren't locked into a home for life, so you buy a home for the life you want now. My parents are on the verge of retiring, so they bought a beach condo and plan to sell off their suburban home.
My wife and I are looking at smaller city homes, but definitely do not plan to retire in it, we're looking at maybe a 5-10 year timespan of ownership.
> Because you get to buy a cheaper estate -- is that the main reason? But you will not always work 9-5.
The extra time spent commuting from a distant house are real costs paid every day. The potential of owning a home that you can retire in is a hypothetical payoff many many years in the future.
Simple answer: You aren't locked into a home for life, so you buy a home for the life you want now. My parents are on the verge of retiring, so they bought a beach condo and plan to sell off their suburban home.
My wife and I are looking at smaller city homes, but definitely do not plan to retire in it, we're looking at maybe a 5-10 year timespan of ownership.
> Because you get to buy a cheaper estate -- is that the main reason? But you will not always work 9-5.
The extra time spent commuting from a distant house are real costs paid every day. The potential of owning a home that you can retire in is a hypothetical payoff many many years in the future.