Why I Want a House

I have started to actually visit
houses with the intent to evaluate them
for purchase so it seems important that I justify why I am so insistent on
buying a house. My reasoning stems from the concrete to the nebulous.

1. A Generally Safe Financial Bet

Lets look at the big picture here:

It is a bit misleading to see just the chart so the source bears reading,
but for the most part the chart tells a pretty convincing story. Generally the
price of a home will rise. The actual realized profit is mitigated by upkeep
costs, mortgage interest, real estate taxes, inflation, but in my estimation
this is a safe bet to make. In the best case I make some money. If I just break
even that is ok too, because then it is like I lived someplace rent free. If I
lose money, that is no good, but the market would have to be radically
different for the loss to be painful. Not to say that such things are
impossible, as evidenced by the downward trend on the graph. If I am going to
spend money to pay for housing I may as well try and have something to show for
it at the end as opposed to renting where I will have nothing.

2. Good Timing

Refer back to the graph and see how we are on a downward trend. Housing
prices now have not yet returned to their 2008 levels. There is no guarantee
such a thing will happen, but generally the housing market falls a cycle of
boom, bust, recovery.
We had our boom, now we are in a bust (slump) where prices are depressed.
Eventually, those prices will rise as we start to boom again. Best buy now when
the prices are lower and ride the wave up. This is no guarantee, but it is the
historical model.

3. I Could Never Live With A Landlord

I have always had a mistrust of authority. This does not carry over into the
workplace, as my employer buys control of me through my salary and benefits.
But the idea that I would willingly pay someone money and still let them exert
some authority of my domicile is not reconcilable. They may be completely
trustworthy and reasonable, but I would never be able to fully forgot that this
is their place, I do not own it, I have little to no influence over it, and
they can do as they will with it (minus certain legal restrictions). If I own a
house then the only authority over that house will be me.

4. I Need Space

I have spent my entire life living in a single room. Granted it is a
statement taken to an absurd exaggeration, but that is the way it feels. I want
space to spread things out. I want an office to fill with my book and machines,
I want a workshop stocked with tools and in flight projects, I want a living
room I can nap in. An apartment is not going to give me that, or at least my
budget is not going to allow for that. I house can give me all the space I will

5. I Want To Build A Home

This is where I start to go off the track a little. Clearly if I am buying a
house that already exists I do not want to physically build a home. The idea
here is I want to build a place for the people I know. We are diaspora,
scattered. I want common ground if you will. A place anyone can come at any
time. Even more than that though I want people to think of it as their house as
much as it is mine. I may be on the financial and legal hook, but I do not want
to people think of this place as my home, but as the home of everyone I

6. It Is Time For Some Risk

This reason is almost totally devoid from my standard character, but life
has just been too safe. This may be my most regrettable reason in the future,
but I just want more stochasticity. I want to take the risk that this plan will
absolutely lead to nothing but disaster. That is exciting or to put another way
exhilarating. I have always suspected I had some well repressed gambling
tendencies and this may be an unfortunate time for their presence to be known,
still I love the idea of taking a big chance, considering such a huge

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