No. of Recommendations: 25
It might be a good idea to own a home for other reasons, but not as an investment.
Yes!! Like having a place to raise the kids, ensure your school system, develop neighborhood friends, and add some important stability for the children.
Like many of you, I've known kids that turned out perfectly well with housing that changed often. It happens in the military, it also happens with fast rising executives. But I've also seen the impact on some kids. Serious impacts with drugs and behavioral problems.
We had one home where our daughter grew up and went to school. We had moved several times with Exxon prior to that. But I said no more transfers until she finished high school. They kept me on anyway.
Later I helped her and son-in-law build a nice home in a neighborhood with an excellent school system where our two granddaughters grew up. They knew all the local kids, the names of the family dogs, and helped babysit the next generation behind them.
Both generations had stay-at-home moms during their early and school years. We also had many kids our daughter brought home from single parent families that needed a brief refuge.
It's not all about money. At least for me. But I'm pretty old fashioned I know.