There are lot of people who are competing to buy a house in Bay Area. Given that there is some conflict whether buying house is better than stocks as an investment.
It looks that a lot of people are buying a house as stepping stone to make them happier. Did buying a house made you happier?
- Bose boseboseMy friend bought a house in smell pitas and 1. He didn’t like the smell so he hated it 2. He hated the commute 3. His wife got pregnant so he got stressed about mortgage . However 3-4 years later he says he is better off after buying it coz he can sell at a profit now
- Netflix YSih44I don’t know about others, but for me buying a house had only 1 purpose, Improve my lifestyle. So I bought a nice house closer to work, bigger and I’m having a blast. Now my commute is a 15 min bike ride. As I’m single I rented a couple of rooms to some close friends and that helps me pay it. I would say buy if it will improve your life. Otherwise keep renting.
- Workday realizmI am the first in my family history to own a single family home in the US. Did it make me happier? Well...I definitely feel like I’ve achieved a lifelong dream, I’ve wanted to live in a SFH with a back yard since I was a kid. I may not be “happier” day to day but that feeling of satisfaction/pride is priceless, at least to me.