I was walking home at sunset last night and caught sight of an elderly woman sipping a drink on her urban terrace, surrounded by terracotta pots and flowers. And I thought.... that's what I want to be.... And then... but that isn't so far away. In 15 years' time I'll be 60.
The only way I had believed this vision could be mine was by buying a house or apartment on my own which would involve extreme stress and hard work over the next couple of decades. Then I suddenly had the thought... why put yourself through that? save for retirement, and you can rent the apartment of your dreams.
When is the time for lifestyle? Most people want to provide a love-nest/family nest for their growing family with as many mod-cons as they can afford. Lawn/pool/family room/chef's kitchen. My time to attain this is running short. Connor will be grown up by the end of the decade. I have no lover for my love-nest. What's the point really, of enslaving myself to home ownership when I have no-one to enjoy it with and the one I can enjoy it with is on his way out?
Fast rising house prices? security? Inheritance for your children?
I spent my young married days living in downright hovels saving money, and my savings did not keep up with the house prices. Then I put my savings into a dream home and lost the small amount of appreciation to my cheating de-facto. So now at 45 when many have nearly paid off their homes. I have at best 1/3 of a house and 20 years to pay off the other 2/3 alone.
Despite my providence I am not secure.