I don’t know if this situation is common, so I’m gunna blog it and you can tell me your experience.
Over the last year or two, several of Shane’s coworkers have asked, “When are you going to buy a house?” and talk up all the benefits of home ownership.
We were briefly looking last year, thanks to the $8k tax credit. When Shane told them that after careful consideration, we decided we just couldn’t afford it — someone told him that she thought it was OK to “stretch” your budget just a bit to get into that house.
Orly? You can give us some money then, lady.
She was single and didn’t have kids, so maybe that wouldn’t be as risky for her.
It was almost a let-down to some of those coworkers when they found out we wouldn’t be buying. I don’t get what their vested interest would be in us having a mortgage. It’s not like they were offering to help pay for it, or to help us with repairs or maintenance or any of the other fun stuff they talked up.
And then there’s this other guy who has lately been asking Shane about when we’re going to buy. A big reason, of course, is we want to move back to Indiana (but of course he isn’t going to tell them that). So when he says that we’re going to wait a year or so until it’s more affordable for us, he’s met with comments like, “But interest rates are low!” and “It’s an investment!” and ” Rent is just throwing money away!” and the like.
Um, is this still 2007?
I don’t get what is up with this mild peer pressure.
And why isn’t “we can’t afford it” an acceptable answer? People can be so goofy.