The Finch Formerly Known As Gold

6 December 2006

The din of equity

As if finding the marriage of true minds hadn't already proven difficult enough, here comes another impediment:

The thirties and forties are those periods when a singleton with some extra income decides to stop waiting for Mr. / Miss / Mx. Right and buy a house. Few singles appreciate the impact on one's marriageability of already owning real estate. It might make you seem attractively stable to potential spouses ... for a while. But beware! If you fall in love with someone who owns her own home, your three-bedroom kingdom might come to seem a ball and chain rather than a comfortable retreat from the wider world.

I note here that I closed on this place the day after my 50th birthday — and that someone would have to be just this side of Beyond My Wildest Dreams to get me to give it up.

Posted at 9:06 AM to Table for One

That's me as well :)

Although lately I am wondering if all of the doomsayers are going to be correct in that we are going to find ourselves owning property worth way less than we owe on it in the very near future! They are strongly advising we sell now and then bide our time until the bottom falls out and then buy again when it's at the lowest.

Posted by: ms7168 at 10:35 AM on 6 December 2006

Congratulations! I'm sure you'll be better off owning, as long as you want to stay in the city you are in. My problem is I will eventually have to look for a job out of town, and I have a house thats paid of here. Swapping unemployment for another mortgage (or rent) is a hard decision.

Posted by: Miss Cellania at 11:12 AM on 6 December 2006

Someone Beyond MY Wildest Dreams would own a side for himself and the other side for yours truly.

Posted by: Aero at 6:55 PM on 6 December 2006

Naw. Too sensible. :)

Posted by: CGHill at 7:06 PM on 6 December 2006