Building a house at 21 years old .. too young?

  • Erstellt am 2019-08-01 10:35:43

ypg

2020-09-02 23:32:25
  • #1

Yes, that is the generation that envies us for our opportunities and free space.

I never claimed otherwise. I think you also mentioned that the plot of land is already owned?!

I fundamentally doubt skipping stages in the CV and the rose-colored glasses you still wear in your early 20s. And the thought:

...is already wording that shows a lot of pink and naivety. Life often turns out differently than you think. And thinking becomes somewhat slower as you age, as well as calmer and more relaxed. You simply can’t experiment anymore, travel, take half a year off, do something crazy when you are already tied to a house so early. That is what’s missing. I believe this gap is mentally unhealthy and later makes you dissatisfied for not having done certain things.
 

Joedreck

2020-09-03 05:28:01
  • #2

Yes, you can still do all that. As long as the monthly burden is manageable, everything is possible. If you want to.
 

kati1337

2020-09-03 06:56:56
  • #3
Basically, there is nothing against acquiring homeownership early if you can afford it and are aware of the costs. Around here, we are quite cautious about that. In other countries, significantly more is bought and sold, and less is rented. But: There probably isn’t such a long tail of bureaucracy and costs involved in buying/selling a house there.

Anyway: You can approach the matter under the premise “this might not be our forever home.” I’m not going to question your relationship (which is sometimes a trend here in the forum), but maybe your needs will change over time. So calculate a scenario in which you want to sell your house in 10 years.
What kind of value development can be expected in your area? Is the expected selling price in relation to the costs, are you making a profit? Probably yes, but just run through the numbers based on your situation.

Personally, I rented a house because before I build, I wanted to see what I would do differently when building. Ultimately, I stayed in this rental house for almost 10 years. And I paid almost €100,000 in rent. That money is simply gone. If you invest that in a home and after deducting all costs you still have something left from the €100,000 when selling, then the idea isn’t so bad.
In the worst case, you would have built up some capital for house #2.

Regarding prefab houses, I am skeptical as well, but that’s a gut feeling. Try to make appointments with good solid construction GUs in your region, and tell the marketing consultants that you are currently leaning toward building a prefab house. They definitely have the marketing blabla from the other side for you, meaning they have memorized phrases for years about what is much worse about prefab houses compared to solid construction. With the marketing texts from both sides, you can then go home, research everything calmly and objectively (what’s true, what’s not), and form your own opinion.
 

ivenh0

2020-09-03 07:13:51
  • #4
This thread here reminds me a bit of our story. We also started planning at 25 and finally moved into our house at 27. Overall, it went wonderfully. We have similar voices as you do here in the forum. In the neighborhood and in the surrounding communities, people whisper about how such a young family can afford a house like that — a shame, because we have never exchanged a word with all these people. Haters gonna hate
 

exto1791

2020-09-03 08:03:08
  • #5


The exact same thing is happening with us right now too

Why shouldn’t someone in their early/mid-twenties have already lived life to the fullest? Maybe the priorities are simply elsewhere? What does "living life to the fullest" mean? We have taken a bunch of trips together all over the world, experienced major life steps like university/job/rented apartment, and both had to make a lot of sacrifices. We had/have wonderful times with friends and at some point, it’s simply time for something new. In my opinion, today’s generation just needs much, much more time to live life to the fullest.

Many only finish their studies at 27 years (well... I wonder if that’s really so great and if the person has truly lived life to the fullest by then). Many are still drunk every day at 30 and thinking about where the next party is. I see this in my environment... 90% of those people simply aren’t mature enough for a house. There are couples that have been together for 8 years, are in their early 30s, and their future plans as well as what they’ve already experienced together aren’t even a fraction of what we have gone through in our early 20s.

It always depends on the individual person/relationship and can never be generalized.

I can only relate this to myself now: We simply need the next step. But the next step would not be the next party or deciding where to go on vacation next or anything like that. The next step is a house and then eventually children. For us, the thought comes much earlier than for many others. What is wrong with that? The relationship/house/marriage, whatever, can just as easily fall apart even if couples have been together for 10 years and are in their mid-30s... as you often see

I think this is the direction the OP is going too... Just the fact that one is thinking about such things means the life circumstances are already completely different than for many other builders.
 

manohara

2020-09-03 09:26:10
  • #6
That may be the case for one or the other, but there is also approval. You should not overlook that.
 
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