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This guy (a Nobel prize-winning economist) thinks our houses are too big: https://www.insider.com/yale-economist-big-houses-are-waste-......

That's fine for HIM, but I'm guessing he's not a quilter, or a musician, or a chef, or a woodworker. Maybe he doesn't have a large family, doesn't like to entertain, or want his own bowling alley. Maybe he doesn't want a tree farm in the back yard. But he shouldn't tell anyone else what they should or should not own....

Would you buy bigger if you had the chance?

Fifi


He also said: "Plus, buying a home in general isn't a great investment."

No way would I ever take his economic advise!!!!

We knew we were taking on more house payment than what was recommend when we bought our house in 1975 but we knew what frugal meant and lived very frugally for 7 years so I could stay home with our boys. Paid off the house early and now only have to pay taxes and upkeep which is a WHOLE lot less than paying the current rent for a house in our area of $3,000 a month. I did an accounting of all we spent on maintenance and remodeling not to long ago and we didn't come anywhere near what it would have cost to rent all these years. (23 years of Quicken made it very easy!) Not to mention the appreciation of our house is over 1600% (and I used a calculator to make sure I did that right!)

Fifi, To answer your question, I've wanted a larger house since our second child was born. Even as the boys moved out, I've wanted a little bigger house. I don't need more rooms, but I'd love to have a kitchen big enough to turn around in and not bump into DH unless I wanted to! ;) I'd love a larger master bath but I don't need a family room and living room any more. We have 3 bedrooms. Two are decent size and the third I call my walk in closet because it's SO SMALL!

Utahtea
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