[问题] When should we buy a house?

[Canacat]

Which is better? Wait till we accumulated 25% of the house price, or pay whatever we have and pay insurance at the same time. Given we've got approval from the bank.

 

[iceberg]

The sooner the better. Life is short. Enjoy everyday.

 

[chhuili]

It may help you to make a decision from question and answer:"Why should I buy, instead of rent?"
at http://www.ottawafamilyhome.com
The advantages and the disadvantages are listed.

 

[oread]

I agree. It's more of a question of WHY. Why do you want to buy a house? As investment or as your own primary residence? Are you expecting a baby soon? Are you inviting your parents over?

When is not particularly important, as there may be short-term fluctuations in price, but the long-range trend is almost always one way up.

 

[Canacat]

最初由 渐渐 发布
I agree. It's more of a question of WHY. Why do you want to buy a house? As investment or as your own primary residence? Are you expecting a baby soon? Are you inviting your parents over?

When is not particularly important, as there may be short-term fluctuations in price, but the long-range trend is almost always one way up.

Thank you all! I got it. Basically we don't have any particular reason for buying a house right now. But since we're going to buy one soon or later, we just want to figure out the timing issue.

 

[oread]

Buying a house is a little bit like having a baby: there really is no best timing.
However, given the history, it is financially more beneficial to be a home-owner than to be a parent.

 

[加猫]

最初由 渐渐 发布
Buying a house is a little bit like having a baby: there really is no best timing.
However, given the history, it is financially more beneficial to be a home-owner than to be a parent.

It depends on how you define "financially beneficial. When invisible or intangible benefit, like psychological pleasure or sense of achievement as a parent, etc. is taken into account, I guess being a parent weighs much more than being a house owner.

 

[oread]

I thought I was clear: financially beneficial = money in all forms.
Being a home-owner has a chance of getting back his/her investment plus more if one is lucky; being a parent is all about giving, endless giving all all forms, and don't even think about getting any of that investment back.

 

[华哥]

最初由 渐渐 发布
Buying a house is a little bit like having a baby: there really is no best timing.
However, given the history, it is financially more beneficial to be a home-owner than to be a parent.

 

[南山下]

you better have 25% downpay and some extra money before you buy a house. Unlesss you really want to live in a house for a strong reason.

最初由 Canacat 发布
Which is better? Wait till we accumulated 25% of the house price, or pay whatever we have and pay insurance at the same time. Given we've got approval from the bank.

 

[南山下]

质不同, 量上不能比较.

They are TOTALLY different, doesn't make any sense to compare them.

最初由 渐渐 发布
I thought I was clear: financially beneficial = money in all forms.
Being a home-owner has a chance of getting back his/her investment plus more if one is lucky; being a parent is all about giving, endless giving all all forms, and don't even think about getting any of that investment back.

 

[南山下]

Living or owning a house doesn't mean you are more enjoyable than living in an apartment.

If you are worried about the mortgage or you don't want to do much garden/lawn works, but would like have more time for others (for example, outdoors, travel, movie)

It really depends.

最初由 iceberg 发布
The sooner the better. Life is short. Enjoy everyday.

 

[南山下]

If that is the case and you don't even have 25% downpay, I don't think it is worthwide to buy a house now.

You won't have any saving after you buy a house. That is not fun and not secured in finance either.

最初由 Canacat 发布


Thank you all! I got it. Basically we don't have any particular reason for buying a house right now. But since we're going to buy one soon or later, we just want to figure out the timing issue.

 

[oread]

Dude, that was a joke! See 华哥's reply, he got the joke.

最初由 孤星夜雨 发布
质不同, 量上不能比较.

They are TOTALLY different, doesn't make any sense to compare them.