I recently watched a program that interviewed some people about whether or not they still wanted the "American Dream". Each said we needed to rewrite the so-called American dream. That it is no longer about bigger houses, bigger cars and bigger waistlines. My experience with being laid off and now trying to sell my home has led me to think about the American Dream stereotype, of defining myself by my job, my home, my car, my salary, etc...
I have decided to rent in the new city. I'm tired of home ownership. I fantasize about things breaking and not being responsible for fixing them. Of not having to mow the lawn, of not having to shovel the driveway in the winter. I'm not sure when or if I will buy again...
Perhaps I am cutting off my nose to spite my face. I don't really know. I feel, obviously, the home is the largest purchase anyone will make in their lives (aside from the yacht I plan to purchase, HA). If you can put in the time and have the money to start building your equity, it can still be the best investment to make.
I know I'm just bitter as I'm facing a loss with the sale of my home, but I can't help but think what did I really get out of my home the last 5 years? They are all money pits. People claim if you rent you are just throwing your money away, but as I'm facing a loss on my home...didn't I also throw my money away on it as well?
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