am i Crazy change a house

ted1 · 17-04-2021 10:07AM

listermint wrote: »

Yes yes it it's unbelievable. Show me 200k house in an upmarket area on Dublin since let's say 1989.

Spoof. The initial house was unaffordable for a single person in Dublin.

Lots of houses in South Dublin sold for around 200k in 2012. Many worth around 600k today.

Very affordable for a single buyer. That’s when I bought mine.

Treppen · 17-04-2021 10:19AM

If the guy is an online trader and has accumulated 600k on his own over a few years I would trust all of his financial decisions.he deals with value differences every single day.

Only two things stand out about this area...

Good crèche (even though they've no children!)
Very Expensive Fruit

I think the op just likes the social status thing.

LegacyUser · 17-04-2021 02:27PM

How did you just find out about his savings now?

He sounds like a bit of a bum tbh, he gives you €1000 a month and out of that he has somewhere to live in a great part of Dublin and he eats like a king out of that too? and he doesn't cover any of the household bills?

I would imagine he doesn't want to part with any of his savings to be honest, he's clearly used to living off you!

amIcrazyhouse · 17-04-2021 02:45PM

thank for all the replies.

About our grocery shopping, I am not that kind of person that oh i only shop in m&s or donnybrook fair. I did my grocery shopping across Dunes, tesco, donnybrook fair and lidl. We just simply feel like tesco finest line indeed taste nicer than other lines, organic blueberries indeed taste sweeter, donnybrook fair cheese, meat etc indeed taste nicer, and we love lidl nuts collection.
Anyway this is not the discussion about our grocery shopping style. We are fit, we eat healthy and We are very happy and comfortable spend 1000 grocery per month.

yeah, maybe sounds crazy i even don't pregnant yet that think this is not bigger enough for the child.
My point of view is that, 1: i don't want move during my pregnancy or after the baby just born.
2: I watched dublin house marketing in the past few years I know how shortage new built house in this area.
And I believe this area house price will always hold the value.

3: And mostly about financially, he has the ability to afford, I understand that he works so hard, wants us retire soon,
I only ask him to cash out mere portion of all he has now.
300k loan/ 2500 per month mortgage should not pressure for us at all.
Before he works for himself as full time trader, he has a high skilled desirable job, let's prepare the worst scenario maybe next year trading not good, he struggling pay the mortgage, but he can always back to his previous work market, And I can always support.

Somebody mentioned we should have this kind of conversation before married.
He gives me 1000 that almost cover our grocery, I'm very comfortable pay all the bills and mortgage, and all the others small stuff, like buying paintings, decorations for the house etc.
When we have some big expenses, like last year I want to buy the garden furniture and recently the new dining table, he insists he wants to pay.

The way we shared the expenses just so natural and works well in the past, we never realise need to have this kind of conversation. ?

YellowLead · 17-04-2021 02:48PM

It’s not just the financial conversations - it’s the conversation about having kids? It seems he is not keen to have them as soon as you? Or if he is then he has given you a different opinion about where you should live that you are not telling us.

It’s completely understandable that you would want to buy a home with more than two beds if you plan to start a family - but it sounds like he is not keen on having kids yet, if at all, or else he feels the two bed fits, or that you should move to a slightly cheaper area (plenty of nice areas with more affordable than 1.1 mill)

Also - I still don’t understand how it’s possible to spend so much on groceries for two people even at Donnybrook fair - do you include expensive beauty products in the mix or something???

amIcrazyhouse · 17-04-2021 02:54PM

somebody questioned my 600k house.
This is the second property i purchased, the first property i bought is an apartment, I sold that apartment after lived there 4 years, got 60k more than i initially purchase.
Location location, this area always hold the value.
My existing mortgage is not pressure for me at all. So that i know if he has some difficulty to pay the mortgage in the future i always can help.

LegacyUser · 17-04-2021 02:56PM

amIcrazyhouse wrote: »

t

Somebody mentioned we should have this kind of conversation before married.
He gives me 1000 that almost cover our grocery, I'm very comfortable pay all the bills and mortgage, and all the others small stuff, like buying paintings, decorations for the house etc.
When we have some big expenses, like last year I want to buy the garden furniture and recently the new dining table, he insists he wants to pay.

The way we shared the expenses just so natural and works well in the past, we never realise need to have this kind of conversation. ?

Well of course it worked well for him, he got to live in a lovely area in Dublin, household bills covered and got to eat all of the best food for €1000 a month, There's not many that would turn that down!!! and this guy has 600k sitting in his bank.

I think it says a lot about him that he didn't offer to pay extra!

17-04-2021 03:05PM

This post is 100% a wind up. She's barely literate and yet apparently amassed a fortune in her mid 30s? And has a mate willing to loan €300k? Sure...

Ash.J.Williams · 17-04-2021 03:07PM

amIcrazyhouse wrote: »

thank for all the replies.

About our grocery shopping, I am not that kind of person that oh i only shop in m&s or donnybrook fair. I did my grocery shopping across Dunes, tesco, donnybrook fair and lidl. We just simply feel like tesco finest line indeed taste nicer than other lines, organic blueberries indeed taste sweeter, donnybrook fair cheese, meat etc indeed taste nicer, and we love lidl nuts collection.
Anyway this is not the discussion about our grocery shopping style. We are fit, we eat healthy and We are very happy and comfortable spend 1000 grocery per month.

yeah, maybe sounds crazy i even don't pregnant yet that think this is not bigger enough for the child.
My point of view is that, 1: i don't want move during my pregnancy or after the baby just born.
2: I watched dublin house marketing in the past few years I know how shortage new built house in this area.
And I believe this area house price will always hold the value.

3: And mostly about financially, he has the ability to afford, I understand that he works so hard, wants us retire soon,
I only ask him to cash out mere portion of all he has now.
300k loan/ 2500 per month mortgage should not pressure for us at all.
Before he works for himself as full time trader, he has a high skilled desirable job, let's prepare the worst scenario maybe next year trading not good, he struggling pay the mortgage, but he can always back to his previous work market, And I can always support.

Somebody mentioned we should have this kind of conversation before married.
He gives me 1000 that almost cover our grocery, I'm very comfortable pay all the bills and mortgage, and all the others small stuff, like buying paintings, decorations for the house etc.
When we have some big expenses, like last year I want to buy the garden furniture and recently the new dining table, he insists he wants to pay.

The way we shared the expenses just so natural and works well in the past, we never realise need to have this kind of conversation. ?

As the great Mel b once said it’s when 2 become 1

amIcrazyhouse · 17-04-2021 03:10PM

We both want child soon, we tried for the last year, just not conceive yet.
yeah, I know i just don't want move out this area.

No, not include beauty products and alcohol (we don't drink anyway..) just grocery.
Like yesterday i shopped in Dus, spent 85 after 20 off. For the formal meal i just bought one chicken breast.
For the lunch we had 2 small sushi boxes and some bread with hummus dipping source cost around 10 euro, for the dinner he had some ready meal that bought in Donnybrook, i had lobster that cost 20 (this is an exception, i only eat once no more than a month), for the dessert we share the fruit mixed box.
now the fridge is not that full, i need go to tesco and donnybrook tomorrow..

17-04-2021 03:11PM

amIcrazyhouse wrote: »

We both want child soon, we tried for the last year, just not conceive yet.
yeah, I know i just don't want move out this area.

No, not include beauty products and alcohol (we don't drink anyway..) just grocery.
Like yesterday i shopped in Dus, spent 85 after 20 off. For the formal meal i just bought one chicken breast.
For the lunch we had 2 small sushi boxes and some bread with hummus dipping source cost around 10 euro, for the dinner he had some ready meal that bought in Donnybrook, i had lobster that cost 20 (this is an exception, i only eat once no more than a month), for the dessert we share the fruit mixed box.
now the fridge is not that full, i need go to tesco and donnybrook tomorrow..

What's your native language? What's your profession?

YellowLead · 17-04-2021 03:13PM

If you say you both want a child soon - is his plan that he will give up his office in your current two bed so the child can use that bedroom and then in the future if you have more than one you can consider moving?

Ash.J.Williams · 17-04-2021 03:13PM

amIcrazyhouse wrote: »

We both want child soon, we tried for the last year, just not conceive yet.
yeah, I know i just don't want move out this area.

No, not include beauty products and alcohol (we don't drink anyway..) just grocery.
Like yesterday i shopped in Dus, spent 85 after 20 off. For the formal meal i just bought one chicken breast.
For the lunch we had 2 small sushi boxes and some bread with hummus dipping source cost around 10 euro, for the dinner he had some ready meal that bought in Donnybrook, i had lobster that cost 20 (this is an exception, i only eat once no more than a month), for the dessert we share the fruit mixed box.
now the fridge is not that full, i need go to tesco and donnybrook tomorrow..

If you don’t make it yourself it’s not healthy

YellowLead · 17-04-2021 03:15PM

Ash.J.Williams wrote: »

If you don’t make it yourself it’s not healthy

Also - what is the ‘formal meal’ if it’s in addition to dinner???

17-04-2021 03:19PM

Just ask your friend for 500k instead. Sorted. Enjoy your new gaff.

amIcrazyhouse · 17-04-2021 03:25PM

I admit that i'm so lucky in this financial situation in my mid 30s, i worked so hard before and now.

Cashed out 200k/a fraction of all, instead of leave All in stock is kind of protect his money.
Because of the pandemic, work from home gives him more flexible time doing his trading besides working for the company. He left the job nearly half year, now is a full time trader. He is intelligent, doing so well and i believe will keep doing well.
And for the worst scenario he always can get back to his previous job. 300k mortgage is not big deal.

Just forget the house i want to buy is 1.1 million that i contribute 600k, just for a highly paid job man get 300k loan is a lot? i don't think so.

YellowLead · 17-04-2021 03:29PM

amIcrazyhouse wrote: »

I admit that i'm so lucky in this financial situation in my mid 30s, i worked so hard before and now.

Cashed out 200k/a fraction of all, instead of leave All in stock is kind of protect his money.
Because of the pandemic, work from home gives him more flexible time doing his trading besides working for the company. He left the job nearly half year, now is a full time trader. He is intelligent, doing so well and i believe will keep doing well.
And for the worst scenario he always can get back to his previous job. 300k mortgage is not big deal.

Just forget the house i want to buy is 1.1 million that i contribute 600k, just for a highly paid job man get 300k loan is a lot? i don't think so.

What does he want to do regarding raising a family?

99nsr125 · 17-04-2021 03:37PM

amIcrazyhouse wrote: »

Am I crazy

Yes, yes you are

Stop focusing on the price tag and think about somewhere you both feel at home in.

Extending or renovating your existing house would be a far better move all round.

Dtp1979 · 17-04-2021 03:42PM

Oh course you were both living comfortably when he was handing you over 1k a month. Holy Shjt. To answer your question, yes, I do think you are crazy. The poor chap has saved up nearly a quarter of a million and you want to blow it on taking a dent out of a massive mortage. Chances are this thread is a wind up.

amIcrazyhouse · 17-04-2021 04:05PM

Dtp1979 wrote: »

Oh course you were both living comfortably when he was handing you over 1k a month. Holy Shjt. To answer your question, yes, I do think you are crazy. The poor chap has saved up nearly a quarter of a million and you want to blow it on taking a dent out of a massive mortage. Chances are this thread is a wind up.

He has more than a million, but all in stock,
I think it’s reasonable and safe to cash out some regardless buy the house or not.
200k is a fraction of all,

Hannibal_Smith · 17-04-2021 05:20PM

Just forget the house i want to buy is 1.1 million that i contribute 600k, just for a highly paid job man get 300k loan is a lot? i don't think so.

I'm not sure what advice you're looking for here OP. If your husband doesn't want to move, how can posters advise you on resolving your issue?

Ash.J.Williams · 17-04-2021 05:24PM

Hannibal_Smith wrote: »

I'm not sure what advice you're looking for here OP. If your husband doesn't want to move, how can posters advise you on resolving your issue?

We could draft up a memo signed by us all?

Dtp1979 · 17-04-2021 05:36PM

The husband is obviously not an idiot with money and doesn’t want to spend/waste 1.1million on a 5 bedroom status house for 3 people.

Deeec · 17-04-2021 05:52PM

OP it seems very unreasonable that your husband doesn't contribute more than 1000 to the running of the house considering how well he is doing. It's a very good deal for him!! It's doesn't matter that you can afford to pay the mortgage and bills. - he should still contribute. Don't borrow from your friend to buy - that's a crazy idea. Does he think the house you want to buy is overpriced?

Ash.J.Williams · 17-04-2021 05:56PM

I’m guessing the op wants to stay in the area and the cost is just what It is for a bigger house there , and area holds its value so it’s not crazy at all

YellowLead · 17-04-2021 06:10PM

Ash.J.Williams wrote: »

I’m guessing the op wants to stay in the area and the cost is just what It is for a bigger house there , and area holds its value so it’s not crazy at all

Well not discussing your wishes for the near future before getting married IS crazy

Caranica · 17-04-2021 06:14PM

amIcrazyhouse wrote: »

We both want child soon, we tried for the last year, just not conceive yet.

Please don't assume you can get pregnant. I know so many people who discovered they couldn't, or not without intervention. Buying a 5 bedroom house is beyond premature just because you "don't want to move during pregnancy".

Your finances are connected yet you and your husband are acting like they're not. Please take proper financial advice. Any friend who would even consider making a loan of the magnitude you're suggesting also needs financial and legal advice.

GingerLily · 17-04-2021 06:44PM

If you've not conceived after a year of trying you might want to look into keeping some money aside for fertility treatments etc. They generally say after 12 months is when you should see a specialist.
If having a family is important to you I'd prioritise that over organic berries or a 5 bed in D4.

And babies sleep with their parents for the first 6 months anyway, so there's no rush to get a 5 bed house before you might be pregnant, maybe your focusing on the house as that's what you think you can control?

amIcrazyhouse · 17-04-2021 07:58PM

Ash.J.Williams wrote: »

I’m guessing the op wants to stay in the area and the cost is just what It is for a bigger house there , and area holds its value so it’s not crazy at all

yes, this is my point. I'm sure it will always increase or at least hold the value.
And we have the ability..

amIcrazyhouse · 17-04-2021 08:03PM

GingerLily wrote: »

If you've not conceived after a year of trying you might want to look into keeping some money aside for fertility treatments etc. They generally say after 12 months is when you should see a specialist.
If having a family is important to you I'd prioritise that over organic berries or a 5 bed in D4.

And babies sleep with their parents for the first 6 months anyway, so there's no rush to get a 5 bed house before you might be pregnant, maybe your focusing on the house as that's what you think you can control?

Thank you. We plan see fertility specialist soon.

I know we have plenty time until the baby born and need her own bedroom.

Just the shortage of new house in this area is very very few.. Plus the house can alway increase or at least hold the value, and we have the ability pay the mortgage.

am i Crazy change a house

Comments