Browse Forums General Discussion 1 Nov 08, 2009 10:07 pm I sometimes talk about the triple fronted brick syndrome. It's where people buy a house in their 20's, have the same job for 40 years, never move house, buy a new Holden every 8 years and venture to Surfers Paradise or Merimbula for their annual holidays. When they retire they do the world tour - Disneyland, Las Vegas and 12 countries in Europe (on a 14 day bus tour).
Luckily we are not all that boring. Reality is the average family's home needs change every 5 to 7 years. They need to downsize, move to another city, add size, remove size, have health problems or need to sell because of financial needs. What's your record?. I know everytime I move I say this will be the "last time". It never happens - I have sold/bought for personal reasons, to move location, to upsize, downsize and just becasue I wanted a new house. My average is 3.5 years Re: Average time of home owenership - how long do you own? 2Nov 08, 2009 10:40 pm bought my first house in 1986, lived in it for 23 years - renovateing and extending along the way, then built present house which we have lived in for 12 months I must be one of those boreing types (before that I lived in a rented house - rental house, old house and new house all within 1km of each other - have lived in the same postcode area for over a quarter of a century) (what's worse: we now own a Holden Calais - before that we owned a Holden Commodore ) Re: Average time of home ownerrship - how long do you own? 3Nov 09, 2009 6:51 am I'd probably be considered a boring type too then. I spent the last 8 years in the same area (2 rentals) and have been working at the same company for 10 years come January and I am now only onto my second car -shrug- 'A bottle of wine contains more philosophy than all the books in the world.' Louis Pasteur Vegie garden: viewtopic.php?f=19&t=27637&start=0 My Backyard Adventure Re: Average time of home ownerrship - how long do you own? 4Nov 09, 2009 7:00 am I think I must be boring too... Moved out of home into our first house we bought before we were married (when you're on to a good thing...), and stayed there for 12 years. We always had the 7 year plan thingy(small house, no room for growing kids), but that somehow was extended to 12! Demolished it, moved back home with the Parents while building our new home, and have recently moved into it. We plan on staying here for at least 20 years. I won't ever do a bus tour around Europe again, or own a Holden, though! My parents and in laws have been in their houses for over 40 years. Henley - Wilshire Mk 3 ... I love my house!! Site start: 4th Feb 09 Handover: 10th Sep 09 Blog: http://stormygirlscastle.blogspot.com/ Build Thread: viewtopic.php?t=7166 Re: Average time of home ownerrship - how long do you own? 5Nov 09, 2009 8:46 am There have been extensive studies done in America about this exact topic. The Millionaire Next Door is the best book written on this subject IMHO In summary, research was done over a number of years of people who were self made millionaires and all the similarities they all had as a group. They all had one wife, never divorced, all drove normal cars (can’t remember the makes) lived in a nice suburb (not always the best) lived in the same house since they married and most had their own businesses. Fascinating read btw It also goes into great depth about their children how many were dependent on their parent’s wealth to get by in life. We have upgraded 3 times as the family grew. I would like to think this would be my last family home. There is no need to change to a larger or better location in the future. Boring is good sometimes I just change the colour of the house when I get bored....which is very often! Mrs B Re: Average time of home ownerrship - how long do you own? 6Nov 09, 2009 8:54 am In my first house I was there for 5 years 76 - 81 Sydo second also 5 years 84-89 Wembley Current 89-09 Marg's. Self employed since '79. No intention of a bus ride. No world tour coming up. Where you are coming from is where you are going to... Re: Average time of home ownerrship - how long do you own? 7Nov 09, 2009 8:55 am Still living in our first home which we bought 8 and a half year ago. All our three kids were born here. Was thinking about buying another bigger house, but with stamp duty, real estate fees, removalists, inspections, lawyers etc, I was looking at about $100k. So decided it was more value to renovate instead, so we are putting in a pool, plus a two storey extension- open plan living kitchen downstaris and ensuite bedroom and study upstairs. The stamp duty is the big killer - a real deterrent to moving house. Lived in lots of rentals before I bought here and in different countries as well, but like where we live, so happy to stay until retirement. Re: Average time of home ownerrship - how long do you own? 8Nov 09, 2009 8:57 am We must be boring too. We have lived in the same house which we built 29 years ago. But why move when the location was perfect then and still is? (900 sq. m. block; valley views with no street frontage; local wildlife like wallabies in our front yard; perfect quiet - all within a Sydney suburb). I have stayed in the same job since I left uni. as has my husband. But what you may class as boring I'd class as stable and contented. I can't say I've ever had the desire to take a holiday at Surfers though. Our last holiday was 2 1/2 months in Italy, including staying at a castle in Tuscany, a trulli in Puglia, a medieval house in Umbria and a monastery in Sicily. Perhaps that will let us off the boring tag. Another thing in our favour is that my OH does cave diving and rides 3 motorbikes (not at once ). On the other hand I have had Holden Commodores for the last 20 years. Oops! I just realised I am the boring one. Re: Average time of home ownerrship - how long do you own? 9Nov 09, 2009 9:03 am we are onto out 7th dunnydore Could be a tad boring here too Where you are coming from is where you are going to... Re: Average time of home ownerrship - how long do you own? 10Nov 09, 2009 9:09 am I lived with my parents until I got married, then moved interstate and lived with DH in a rental for 6 months until we purchased our own home. Lived there for 12 years, renovating and extending to a second storey when it got a bit small for our growing family. We've now moved back to Tassie and bought a much bigger house on a 5 acre block, which we are also renovating. We did live in a couple of different rentals when we were renovating in Melbourne (if that counts towards not being boring) - but having been through two back-to-back renos, we are not going anywhere for a LONG LONG TIME!!!! My husband and I have both worked for the same organisation (a Bank) since we left school (in his case) or Uni (in my case) - but we have now both left for our "sea change" We have never owned a Holden, we have previously always had Fords, although DH now drives a Mitsubishi Outlander. I've never been to QLD for my holidays (we chose NZ or Vanuatu, where we have been a couple of times) - but I have already done the Europe Contiki tour thing in my 20s. Don't know if we are boring, but I love stability, for myself and most especially for my children. MagicJ I finally have my own reno thread: viewtopic.php?f=1&t=28335 The reason a dog has so many friends is that he wags his tail instead of his tongue! Re: Average time of home ownerrship - how long do you own? 11Nov 09, 2009 11:31 am Being satisfied with where you are and what you've got does not mean you are boring Metricon Riva 33 - http://herlihy-riva.blogspot.com Site start 15/03/2010 - Handover 23/12/2010 9 months and 8 days (284 calendar days) from site start to handover Re: Average time of home ownerrship - how long do you own? 12Nov 09, 2009 12:15 pm I am what would be considered a gypsy I have lived in 3 countries and countless houses. Since arriving in Australia almost 18 years ago I have lived in 12 houses (including rentals). As far as home ownership goes, I have built 4 houses and bought 1 established. Longest I have lived in any of those houses is 5 years, which was the established one. However, I want to change this trend and stay in the current house for a fairly long time so that my kids have some stability. Blog: http://bluemistkids.blogspot.com "Never be afraid to try something new. Remember, amateurs built the ark, and professionals built the Titanic." Re: Average time of home ownerrship - how long do you own? 13Nov 09, 2009 12:57 pm My parents lived in 2 homes only, they had 1 house for 2 years while their dream house was being built and they have not moved (thank god) as they could afford to build the 65square plus house with everything they wanted (and us kids want). Although I have been all over the world on 5 star holidays with my parents and they have never owned a Holden lol so your generalisation seems quite wrong going by some of the answers on here hehe. DA approved Waiting on a few more Builder's quotes. Re: Average time of home ownerrship - how long do you own? 14Nov 09, 2009 1:01 pm I lived at home until I got married, travelled Europe and lived in London for a year. Came home and rented a flat, bought our first house where we stayed for 17 years, built our second home where we stayed for 13 years and have now built our third home. We try and do an overseas holiday every second year, this only started after the kids got older, and we go to Byron Bay at least once a year where we have a unit. DH has been in the same occupation for 27 years, I’ve worked in many different places, usually part time but I was in my last job for 7 years and in my present job for nearly 8 years, I really don't like changing jobs unless I have to. We usually upgrade our cars every 3 years always getting something totally different to the last one. Over the past 31 years we have had - 2 VW Beetles (yellow and purple) 3 Kombi Vans (DH just did one up and we had one in England and one when we got hitched) 1 Celica 1 Falcon Station Wagon 3 Utes (business vehicles) 1 smallish wagon that I can’t remember the name of 1 Holden Camira 1 Holden Jackaroo 1 Pajero 1 Holden Frontera 1 Jeep Cherokee 1 Alfa Romeo wagon 1 SAAB convertible (my toy) 1 Harley Davidson bike (DH’s other toy) good God, I'm even shocked by this list Hi Mofflepop, I would recommend finding a building designer to prepare plans, they should design to your specified budget. The benefit is you can tender the project out… 9 20425 So it looks like we finally have some movement on site! Definitely later than expected, but I'll take any progress at this point. I'll drop by over the weekend to get… 5 27731 Congratulations! Nice to put that to bed before christmas, now you can relax 3 7183 |