Her Boyfriend’s Insisting On Buying A Home In An Area They Simply Cannot Afford
Right now, this 28-year-old woman and her 30-year-old boyfriend live in a suburb located 20 minutes away from where her boyfriend was raised.
She’s from a totally different state, which is 5 hours away from where they currently reside. They’re renting right now, and while she kind of likes where they live, she feels the people in her area are super unfriendly.
She believes it’s possible for her to eventually overlook how she feels about their town, but now she and her boyfriend are discussing getting married, as well as purchasing a home.
She can’t see how they can afford to live where they do now, even though her boyfriend is insisting on buying a home in their area.
“The inventory for homes under $900K USD is very small, and interest rates are crazy,” she explained.
“The number of homes available in our budget that aren’t a dump (literally abandoned properties sell for $700K) or ridiculously tiny is minuscule. Most properties are multi/million dollar homes. We live in a very high cost of living area, so any renovations and repairs will be very expensive, and the entire area is a high-risk flood zone to the point many people can’t even get insured.”
“I think a home here would be a bottomless money pit. The only reason we are here is because my partner is very sentimental about the area he grew up in (I don’t have the same attachment to my hometown), and his parents live nearby.”
If she and her boyfriend purchase a home for around $800,000, it will max them out on the monthly payments since interest rates are through the roof.
She doesn’t want to live in a way where she will have to worry about finances since she and her boyfriend are planning on having kids.
New Africa – stock.adobe.com – illustrative purposes only, not the actual person
Her boyfriend and his family are rich enough to come up with the downpayment on an $800,000 home, but her boyfriend would need his mom and dad’s help to afford it outright.
As for her, she’s in a lot of student debt and can’t contribute any money towards a home at this rate.
She has asked her boyfriend to consider homes two hours from where they live, as that’s a much more affordable area.
He keeps saying he’s not living all the way out there. In another effort to compromise, she’s stated they could look basically anywhere else in the country that’s cheaper or perhaps consider more affordable cities in America.
“To me, we are young and have little ties to any place, so the world is our oyster,” she added. “To him, he is ready to settle down and has a strong mental image of that being here in this particular area.”
“He is the kind of person who can’t envision a possibility without visiting a place and seeing what it would be like. So, almost anytime I suggest a different city, it’s a non-starter.”
“We both work from home, so we don’t need to live in this uber-expensive suburb that’s mostly a bedroom community. It’s hard for me to swallow paying a huge amount of money upfront and continuously over the years for a place I’m not crazy about.”
She feels stuck since their lease is almost over, and they both don’t love the place they are renting. In her opinion, now is the time for them to try something new and see if they like it.
However, her boyfriend will only consider buying a home exactly where they are now, and her boyfriend is accusing her of holding them back since she has doubts.
She’s left wondering where she should go from here. What do you think?
You can read the original post on Reddit here.
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More About:Relationships