There is a house in New Orleans…
I watch people on TV searching for houses. I am not going to say what show or what channel it is on. But, TLC or HGTV has this show called International Househunters. The people they get are looking for a house or a second house somewhere in the world. They are spending a pretty penny on these houses. It is within their budget. Where do these people get their money?
I was raised by good parents that didn’t have the luxury of going to college and getting a BA or MA or even a PHD. They were hard working people that supported their family with everything they needed. Food, clothing and shelter.
So the thought is how some younger people go overboard when purchasing their house. It reminds me of George Carlin’s’ stuff bit. I will not be repeating his bit because I could be accused of plagiarism. You can’t get a big house until you have enough stuff to put in it. I look at home ownership as the American dream. To be able to retire with a house paid for is the way to go.
Let me get on a soapbox here, and for those of you that don’t know about the soapbox cliche, look it up. I see so many people that put everything they own on credit. They tend to rationalize the purchase by saying I got it on sale. Sure the TV could have been 10% off but with a 15% interest rate and just paying the minimum payment you will lose your 10% off in the first month.
Anyway back to the house. This is the way to be. A house that is paid for, no car payment, no credit cards and soon to be off the grid. Isn’t that what our great grandparents did. They built this city on rock and roll.